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 underlying issue is that there hasn’t been enough of a structural change in the economy since the launch of reforms in 1990-91, despite per capita incomes multiplying nearly five-fold.
As Visakhapatnam readies a mega airport, the Andhra Pradesh government has revived its shelved Dagadarthi project, aiming to boost cargo and connectivity on the south coast.
Both the Russian and Ukrainian militaries are leaning on drones, but they’re also firing cruise and ballistic missiles, some of them relatively new and experimental.
UK, EFTA already in the bag and EU on the way, many members of RCEP except China signed up, and even restrictions on China being lifted, India has changed its mind on trade.
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