Latest in Trump signs order to create sovereign wealth fund that could buy TikTok
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TikTok CEO attending Trump inauguration
TikTok CEO Shou Zi Chew will attend President-elect Trump's inauguration next week, one day after a potential ban of the video sharing platform could take effect in the U.S., according to a source ...The Hill - Jan. 16 -
"TikTok refugees" are flocking to RedNote. Could it face the same fate?
With the U.S. ban on TikTok looming, many Americans are opting for another Chinese app known as RedNote. It could be short-lived.CBS News - Jan. 16 -
TikTok C.E.O. Plans to Attend Trump Inauguration
Shou Chew will join tech moguls like Mark Zuckerberg and Elon Musk at President-elect Donald J. Trump’s inauguration as the fate of the app hangs in the balance.The New York Times - Jan. 16 -
Biden to sign executive order boosting digital identity protection
President Biden will sign an executive order on Thursday intended to boost the privacy of Americans amid continued cyberattacks against the U.S. "Adversary countries and criminals have increasingly ...The Hill - Jan. 16 -
Trump will 'find a way' to preserve TikTok, Waltz says
President-elect Trump will take action to preserve TikTok upon taking office, his incoming national security adviser said Wednesday, with a deadline looming for the app’s owner to sell or face a ...The Hill - Jan. 16 -
U.S.-China Rivalry Could Boost Space Startup Funding
After commercial space startups pulled in $8.6 billion in 2024, more venture capital firms are likely to make investments in new companies as Sino-Amercian tensions go orbital.Inc. - Jan. 15 -
Trump Plans to Create an ‘External Revenue Service’ to Collect Tariffs
Despite vows to shrink the federal government, the President-elect wants to create a new agency for these taxes, even though the Commerce Department and the Customs and Border Patrol now handle ...Inc. - Jan. 15 -
Trump says he'll create "External Revenue Service" to collect tariffs
The federal government already collects tariffs, and deposits them in the General Fund of the United States.CBS News - Jan. 14 -
Will China Let Elon Musk Buy TikTok?
As the popular video app faces a ban in the United States, Chinese officials are said to be weighing options to save it — including a sale to the tech mogul.The New York Times - Jan. 14 -
Biden Trump-proofs $74bn in climate funding but $20bn remains vulnerable
Allocation of funds from Inflation Reduction Act makes it harder for president-elect to halt green initiatives. The Biden administration has raced to allocate $74bn of funding for climate ...The Guardian - Jan. 14 -
Who Might Buy TikTok? These Are Five Potential Buyers If the Supreme Court Rules Against It
One group calls itself the People’s Bid for TikTok and says it will restructure the social media company to collect less data on users.Inc. - Jan. 13 -
TikTok ban could create a valuable prize: users’ brain space
For Mark Zuckerberg the biggest coup would be to buy the video app outrightFinancial Times - Jan. 13 -
How Trump could break Bitcoin
Donald Trump's promise to turn the U.S. into a global hub for cryptocurrency innovation and his proposal to create a Bitcoin strategic reserve could lead to increased government oversight, ...The Hill - Jan. 12 -
Trump Wants to Buy Greenland, But How Much Would It Actually Cost?
President-elect Donald Trump wants to buy the territory from Denmark, which says it’s not for sale. DealBook asked experts how they’d approach the deal.The New York Times - Jan. 11 -
Trump's Talk of Buying Greenland Energizes Island's Independence Movement
Many in the sprawling Danish territory don’t want to sell to the U.S., but they are open to the idea of a closer relationship.The Wall Street Journal - Jan. 11 -
Biden buys time for immigrants ahead of Trump inauguration
The Biden administration on Friday bolstered a key humanitarian program for immigrants, buying time for beneficiaries before President-elect Trump is sworn in. The Department of Homeland Security ...The Hill - Jan. 10 -
Supreme Court Seems Poised to Uphold Law That Could Ban TikTok
The justices are expected to rule quickly in the case, which pits national security concerns about China against the First Amendment’s protection of free speech.The New York Times - Jan. 10 -
Supreme Court seems likely to uphold law that could ban TikTok in US
The Supreme Court appears inclined to uphold a law that would ban the video-sharing app TikTok in the U.S. after Jan. 19 unless its China-owned parent company divests.ABC News - Jan. 10 -
Supreme Court leans toward upholding law that could ban TikTok
The fate of a law that would likely ban social media platform TikTok in the United States goes before the Supreme Court as the justices consider whether to block it.NBC News - Jan. 10 -
New York governor wants to limit hedge funds from buying up homes
New York Gov. Kathy Hochul says she will push for new laws to make it harder for hedge funds to purchase large numbers of single-family homes in the stateABC News - Jan. 9 -
Microsoft contributes $1 million to Trump's inauguration fund
Microsoft would like President-elect Donald Trump to make sure that U.S. artificial intelligence policy in the next four years will support its goals.CNBC - Jan. 9 -
Google and Microsoft donate $1m each to Trump’s inaugural fund
Tech giants follow footsteps of other major companies, including Amazon, Meta, OpenAI and Uber. Google and Microsoft have donated $1m each to Donald Trump ’s inauguration fund, following in ...The Guardian - Jan. 9 -
Why a 5% 10-year Treasury yield could be a buying opportunity
Investors may look back and “see points in time” when Treasury yields were approaching 5% and investors should have been buying, according to PGIM’s head of global bonds.MarketWatch - Jan. 9 -
Denmark Updates Coat of Arms Amid Trump Push to Buy Greenland
Before President-elect Donald Trump’s latest remarks, King Frederik X signaled his commitment to the territory in a decidedly old-fashioned way.The New York Times - Jan. 8 -
Jim Cramer says Nvidia's pullback could be a good chance to buy
CNBC's Jim Cramer extolled Nvidia's stock and reviewed its Tuesday action, saying the decline was unrelated to the company and its prospects.CNBC - Jan. 8 -
Evening Report — Trump vows to reshape global order
👨🏼⚖️Plus: Trump praises one judge, blasts another {beacon} Evening Report © AP Trump promises a global shakeup PRESIDENT-ELECT TRUMP on Tuesday vowed to upend the global order, promising big ...The Hill - Jan. 7 -
Johnson says no cuts to Social Security and Medicare to fund Trump's agenda
House Speaker Mike Johnson said cuts to Social Security and Medicare won't be part of the legislative plan being worked out to fund President-elect Donald Trump's agenda.ABC News - Jan. 7 -
Greenland ‘not for sale’, says Danish PM after Trump call for US to buy it
US president-elect’s renewed interest in Arctic island poses challenge for Denmark’s governmentFinancial Times - Jan. 7 -
Hims & Hers donates $1 million to Trump's inauguration fund
OpenAI CEO Sam Altman and Meta both announced $1 million donations, and Amazon and Apple CEO Tim Cook have also reportedly contributed.CNBC - Jan. 7 -
Trump backtracks from 'one big, beautiful bill' to fund his agenda
After nearly derailing a spending bill last month, Trump continues to shake up business on Capitol Hill, shifting positions on how Republicans should fund his policies.ABC News - Jan. 6 -
FirstFT: Private equity to lobby Trump as industry seeks to tap retirement funds
Also in today’s newsletter, China’s equity markets extend poor start to the year and accountancy’s Gen Z problemFinancial Times - Jan. 6 -
Private equity to lobby Trump for access to savers’ retirement funds
Industry hopes incoming administration will open long-restricted private investments to individual investorsFinancial Times - Jan. 6