UK-US Tech Deal: $42B investment in AI, quantum, and nuclear energy
In a landmark agreement during President Donald Trump's state visit, the UK and US have unveiled a $42 billion "Tech Prosperity Deal," focusing on adv...
US President Donald Trump has said there is "great interest" in TikTok as his administration works on a deal for its sale. He stressed that any agreement must protect national security while preserving access for 170 million American users.
US President Donald Trump announced Monday that there is significant interest in the popular short-video sharing app, TikTok, as his administration works on arranging a deal for its sale.
Trump made the announcement on his Truth Social platform, stating, “GREAT INTEREST IN TIKTOK! Would be wonderful for China, and all concerned.” This follows earlier statements from Trump, who said that many people would be bidding to acquire the app.
After taking office on January 20, Trump signed an executive order aimed at delaying a potential ban of TikTok for 75 days. The order directs the administration to find a resolution that addresses national security concerns while also preserving the platform, which has become a significant part of daily life for 170 million Americans.
Discussions surrounding the app's future are ongoing, with American investors and companies expressing interest in acquiring TikTok. Trump has indicated that a deal could be reached soon, emphasizing that any agreement must be beneficial to the United States.
As negotiations continue, the focus remains on balancing national security interests with the desire to keep the popular app in operation for American users.
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In a landmark agreement during President Donald Trump's state visit, the UK and US have unveiled a $42 billion "Tech Prosperity Deal," focusing on advancements in AI, quantum computing, and civil nuclear energy.
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