The bankers definitely want in despite this being a heavy lift because the fees on an estimated $20-plus billion deal could be pretty rich.

Douyin, the Chinese equivalent of TikTok, is very different and "much more pro-social," NYU professor Jonathan Haidt told Business Insider in Davos.

A board member at TikTok’s parent company said that a deal to save the app from disappearing in the United States will be done soon.

President Donald Trump issued a barrage of executive orders that were aimed squarely at markets and your money — but what will they actually do?

U.S. businessman Frank McCourt is open to teaming up with other buyers on a bid to take over the U.S. operations of TikTok as long as he can maintain control of the asset, he told Reuters at the Davos event on Thursday.

TikTok was restored in the US after Trump (then the president-elect) said he would issue an executive order following his inauguration to extend the period before the law took effect. He signed that order Monday.

DAVOS, Switzerland (Reuters) - The CEO of investment firm General Atlantic, a board member of TikTok's parent company, said on Thursday that he was optimistic that a deal to keep the short-video app operating in the United States would be agreed.

He had in December 2024 announced a year-long ban on the social media platform. Read more at straitstimes.com.

As business titans and world leaders gathered Monday in Davos, Switzerland, for the opening of the annual World Economic Forum, all eyes were on President Donald Trump ’s taking power again in Washington.

The World Economic Forum, colloquially called "Davos" after the location at which it's hosted in the Swiss mountains, is a yearly meeting of elites.

The billionaire declined to share details on his sources of financing, but said private equity firms and family offices have reached out.

Jamie Foxx recently joined Vanity Fair for a video interview in which he looked back at a handful of his most iconic acting roles, including the title character in Quentin Tarantino’s “Django Unchained.” One of the Oscar winner’s most notable memories of the film is when co-star Leonardo DiCaprio cut short a reading of the …