U.S. President Donald Trump says a group of “very wealthy people” is ready to buy TikTok, but the deal will require China’s sign-off—despite looming deadlines under U.S. law.
U.S. President Donald Trump says he has found a buyer for TikTok, describing the group as “very wealthy people,” though he declined to name them, promising to reveal their identities in about two weeks.
Speaking in a Fox News interview, Trump said the deal would likely require approval from Chinese President Xi Jinping and expressed confidence that China would support it.
A 2024 U.S. law required TikTok to cease operations by 19 January unless its parent company, ByteDance, completes the divestment of the app’s U.S. assets or shows significant progress toward a sale.
Trump, who credits TikTok with helping him gain support among young voters in last November’s election, has extended the deadline three times—most recently to 17 September.
A deal had been in development earlier this year to spin off TikTok’s U.S. operations into a separate company controlled by American investors. However, it was put on hold after China signalled it would block the move in response to Trump’s imposition of steep tariffs on Chinese goods.
Ambassadors from the European Union’s 27 member states have agreed to advance accession negotiations with Ukraine and Moldova, paving the way for th...
European Union countries have agreed to maintain the current three-hour threshold for flight delay compensation in the bloc’s upcoming update to air...
Japan’s birth rate and fertility levels have fallen to their lowest levels on record, highlighting the country’s worsening demographic crisis as f...
Georgia is overhauling its migration laws in one of the most significant legal reforms in years, introducing criminal penalties for fake marriages, ti...
China has expressed strong dissatisfaction over a United States decision to place several major Chinese companies on a Pentagon list of firms alleged ...
Iran said no final decision has been made on a proposed agreement with Washington, despite suggestions from U.S. President Donald Trump that a deal could soon be signed in a European capital.
The United States and Canada have postponed the opening of the $4.7 billion Gordie Howe International Bridge linking Detroit and Windsor, Ontario, just days before a planned inauguration, amid ongoing bilateral discussions.
President Donald Trump announced on Thursday that he is nominating Jay Clayton to serve as the next U.S. Director of National Intelligence (DNI), replacing outgoing intelligence chief Tulsi Gabbard.
U.S. Donald Trump has said he has cancelled planned strikes on Iranian oil and gas ports announced earlier on Thursday. Trump said he made the decision after senior leadership in Iran agreed to peace talks.
Mexico and South Africa meet in Thursday’s World Cup opener in Mexico City, with both teams approaching the match from very different positions but facing their own pressures.
SpaceX has made history with the largest initial public offering ever in the United States, pricing its shares at $135 each and achieving a market valuation of $1.77 trillion.
SpaceX made a historic entrance into the Nasdaq on Friday, surging over 20% in its first day of trading and lifting its valuation to more than $2 trillion. Investors flocked to the world’s largest IPO, betting on Elon Musk’s sprawling empire spanning rockets, AI and beyond.
While France hosts next week’s Group of Seven summit, businesses in neighbouring Switzerland have already begun taking precautions, with many shops in Geneva boarded up ahead of a large anti-G7 demonstration expected on Sunday.
Formula 1 driver Pierre Gasly’s Monaco Grand Prix podium has been reinstated after Alpine successfully challenged his post-race penalties through a Right of Review request with the FIA.
At the start of 2026, something unusual happened in China's car market. BYD, the company that had spent years at the top of the domestic sales charts, was knocked off its perch by a rival.
Apple has unveiled a long-awaited upgrade to Siri, aiming to close the gap with technology rivals and emerging artificial intelligence firms in an increasingly competitive market.
ChatGPT maker OpenAI has confidentially filed for a U.S. initial public offering (IPO), the company said on Monday, joining rival Anthropic in a race to the stock market as investors seek exposure to the artificial intelligence boom.
Chinese carmakers are rapidly reshaping the global automotive market, with record exports, soaring electric vehicle sales and growing investments overseas putting pressure on established European, Japanese and U.S. rivals.
The International Labour Organization (ILO) has begun its latest round of negotiations on creating the first binding global standards for platform-based work, covering services such as ride-hailing, food delivery and other app-based work.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment