Sources: Oracle, Silver Lake, and Abu Dhabi's MGX will be the main TikTok USA investors, with a ~45% stake; ByteDance will own 19.9% and ByteDance investors 35%
We may never know if the administration-brokered TikTok sale complies with the law … New York Times : Trump Clears Way for American-Owned TikTok Valued at $14 Billion Financial Times : TikTok US to be...
Some lawyers and bankers say the Intel deal may face legal challenges as the CHIPS Act may not allow the US government to convert grants into equity
and every American should be [video] Kelsey Piper / @kelseytuoc : @recurseparadox Congress can repeal the CHIPS act if they want to. (I think they shouldn't, but they could). But ‘Congress authorized ...
Trump extends the TikTok ban deadline for a third time; there is no legal basis for the extensions, and it's unclear how many times the deadline can be extended
Again NZ Herald : Trump gives TikTok 90 more days to find buyer, again delayed ban Joe DePaolo / Mediaite : ‘Brazenly Illegal’: Conservatives Lash Out at Trump for Executive Order Sidestepping TikTok ...
Marco Rubio says the US will impose visa bans on foreign nationals “who censor Americans” and calls arrest warrants for social media posts “unacceptable”
But this part reads 100% Brazil. — www.state.gov/announcement... X: Secretary Marco Rubio / @secrubio : Foreigners who work to undermine the rights of Americans should not enjoy the privilege of tra...
US Commerce Secretary Howard Lutnick says consumer electronics exempt from tariffs may be included in semiconductor tariffs likely coming in “a month or two”
www.ft.com/content/9038... @drdoofenschmirtz : Only 45 more months of this uncertainty, assuming we have elections in 2026 &. 2028. — Good job Wall Street!!! You got your guy Glenn Wright / @godle...
Trump says he signed an executive order to keep TikTok running for 75 more days, as “the deal requires more work to ensure all necessary approvals are signed”
It was already dubious as hell that Trump had just decreed that TikTok could carry on, but this deadline is explicitly in legislation with no mechanism for the President to extend it. — He's just un...
Trump's 20% China tariffs and potential 25% Mexico tariffs, hitting the US' two biggest computer equipment import sources, may pile new costs on US data centers
President Donald Trump is all in on artificial intelligence and the data centers that power it — but his tariffs threaten … X: @danprimack and @thestalwart X: Dan Primack / @danprimack : Yup. Not only...
Donald Trump says he will sign an executive order on January 20 to delay enforcing the TikTok US ban and argues for a TikTok joint venture with 50% US ownership
Yes, Trump said he's “most likely” to give #TikTok 90-day extension. — No, that's not a legally available option. — The 270 days lapsed. An extension is no longer available (even if TikTok met 3 ...
After the House vote, Chinese officials say the US has shown “robber's logic” toward TikTok, and Washington must “stop unfairly suppressing foreign companies”
TIKTOK IS LESS OF A DANGER TO THE USA THAN META (FACEBOOK!), WHICH IS A TRUE ENEMY OF THE PEOPLE. Jessica Kwong / Metro.co.uk : Trump's ex-treasury secretary is trying to buy TikTok amid ban threat Mo...
Sources: dozens of VC firms, including Bain Capital, Lux, Mayfield, and IVP, are working with the US Commerce Department to develop “responsible AI” guidelines
Dan Primack / Axios : X: @digiphile X: Alex Howard / @digiphile : Dear @SecRaimondo, How many academic, nonprofit, and human rights groups is @CommerceGov working with to develop these responsible AI...