The agreement requires TikTok’s American assets to be transferred to U.S. owners from China’s ByteDance, potentially resolving a saga that has lingered for nearly a year.
Speaking to the media at the conclusion of two days of talks, Bessent said, 'The framework is for a switch to a U.S.-controlled ownership,' without providing further details.
Younger Gen-Zs envy their elder siblings. Not for the fashion, but for the ability to be unapologetically cringe. Back then, cringe wasn’t a crime, it was a rite of passage.
The White House is at the helm of negotiations for part-selling of the app between its Chinese owner ByteDance & potential buyers in US. A deal could be reached in 30 days.
During a rally-style speech, Trump said 'we need to save TikTok,'. However, he warned Chinese company ByteDance that without his executive order, TikTok risked being shut down.
The proposed amendment to the Insolvency and Bankruptcy Code aims to reduce timelines and provide for a mechanism that involves minimal interaction with the court. It fails on both counts.
Open to public feedback until 26 November, the revised guidelines, among other changes, give CA firms more flexibility to advertise & promote their services.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
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