India halves Russian oil imports following U.S. talks
The United States and India have held productive trade talks, and Indian refiners are already cutting Russian oil imports by 50%, a White House offici...
Talks led by the White House to determine TikTok’s future are coalescing around a proposal that would have some of ByteDance’s largest non-Chinese investors increase their stakes and acquire the U.S. operations of the popular short video app.
The plan, according to two sources familiar with the discussions, involves spinning off a U.S. entity for TikTok and reducing Chinese ownership to below the 20 percent limit mandated by U.S. law—an effort aimed at saving the app from an imminent ban on national security grounds.
The proposed deal has drawn strong support from existing ByteDance investors, including Jeff Yass’ Susquehanna International Group and Bill Ford’s General Atlantic, both of which sit on ByteDance’s board. Private equity firm KKR is also participating, the sources said. Under the plan, Oracle would continue to host U.S. user data and guarantee that it remains inaccessible to China, reinforcing assurances of data security.
The proposed restructuring comes in the wake of a law, effective January 19, that requires ByteDance to either divest its U.S. operations or face a ban. U.S. officials have raised concerns over TikTok’s Chinese ownership, arguing that it makes the app vulnerable to potential influence operations by the Chinese government—a claim the company denies, insisting that its content recommendation engine and user data are managed domestically.
White House involvement in the negotiations has been unprecedented, with the administration essentially taking on the role of an investment bank to broker a deal that would allow ByteDance to maintain a stake in TikTok while transferring operational control. The deal is seen as critical not only for TikTok’s survival in the U.S. market but also for setting a precedent in U.S.-China technology relations.
Other groups, including an investor consortium led by billionaire Frank McCourt and another involving YouTube personality Mr. Beast, are also reported to be vying for the app. However, current indications suggest that existing ByteDance investors are the frontrunners in the discussions.
Representatives for TikTok, ByteDance, Susquehanna, Oracle, and the White House could not immediately be reached for comment.
Video from the USGS (United States Geological Survey) showed on Friday (19 September) the Kilauea volcano in Hawaii erupting and spewing lava.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
Authorities in California have identified the dismembered body discovered in a Tesla registered to singer D4vd as 15-year-old Celeste Rivas Hernandez, who had been missing from Lake Elsinore since April 2024.
A tsunami threat was issued in Chile after a magnitude 7.8 earthquake struck the Drake Passage on Friday. The epicenter was located 135 miles south of Puerto Williams on the north coast of Navarino Island.
The war in Ukraine has reached a strategic impasse, and it seems that the conflict will not be solved by military means. This creates a path toward one of two alternatives: either a “frozen” phase that can last indefinitely or a quest for a durable political regulation.
The United States and India have held productive trade talks, and Indian refiners are already cutting Russian oil imports by 50%, a White House official told on Thursday.
Saudi Arabia is discussing a defence deal with the United States which it hopes to seal when Crown Prince Mohammed bin Salman visits the White House next month, the Financial Times reported.
At least one person was killed and dozens of police officers injured in widespread protests overnight in Peru against President Jose Jeri, the state ombudsman's office said on Thursday.
Ukrainian President Volodymyr Zelenskiy arrived in the United States on Thursday, October 16, ahead of talks with President Donald Trump scheduled for Friday, aiming to secure additional military aid, including long-range offensive missiles.
Former Trump administration national security adviser John Bolton was charged Thursday with illegally storing and transmitting classified information, setting the stage for a high-profile court case involving the longtime Republican foreign policy figure and outspoken critic of Donald Trump.
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