U.S. President Donald Trump signs order to deploy National Guard to Memphis
U.S. President Donald Trump has signed a presidential memorandum establishing the “Memphis Safe Task Force,” which will deploy National Guard troo...
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.
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
A day of mourning has been declared in Portugal to pay respect to victims who lost their lives in the Lisbon Funicular crash which happened on Wednesday evening.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
At least eight people have died and more than 90 others were injured following a catastrophic gas tanker explosion on a major highway in Mexico City’s Iztapalapa district on Wednesday, authorities confirmed.
Finland is closely watching Russia’s ongoing Zapad-2025 military exercises in Russia, Belarus, and the Baltic and Barents Seas, Finnish Defence Forces (FDF) commander Janne Jaakkola said on Monday.
European authorities have intercepted more than 2,400 shipping containers at Greece’s port of Piraeus in the EU’s largest-ever container seizure, valued at around €250 million ($294m).
U.S. President Donald Trump said on Monday that Israel will not carry out further strikes in Qatar following last week’s attacks on Doha, which targeted senior Hamas officials.
Leaders from the 57-member Organisation of Islamic Cooperation and 22-member Arab League met in Doha on Monday, concentrating on the impact of recent attacks on Qatar and the wider Middle East, and calling for coordinated measures to preserve stability and support ongoing mediation efforts.
U.S. President Donald Trump has signed a presidential memorandum establishing the “Memphis Safe Task Force,” which will deploy National Guard troops alongside federal agencies to tackle rising crime in Memphis, Tennessee.
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