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GOP Rep. Lawler opposes ‘permanent firings’ as Trump admin threatens mass layoffs
NBC News· 2025-09-25 22:30
I do now want to go to New York Republican Congressman Mike Lawler who has been patiently standing by and listening to the president with us. Congressman, thank you so much. I really appreciate it.Let me just start off before we get to this looming potential government shutdown of getting your reaction to this news on Tik Tok. Are you satisfied as the vice president says it will be owned by this US consortium and it will also protect data security. Are you satisfied that it will do that in fact.Well, look, ...
Trump’s billionaire backers will now ‘actually control’ Tiktok’s algorithm, JD Vance says
Fortune· 2025-09-25 22:19
President Donald Trump on Thursday afternoon signed an executive order clearing the way for a deal to put TikTok in U.S. hands, with some of his closest billionaire allies poised to take the reins.“This is going to be American-operated all the way,” Trump said during the signing, adding that the agreement had been greenlit by Chinese President Xi Jinping. “I have great respect for President Xi, and I very much appreciate that he approved the deal, because to get it done properly, we really needed the suppor ...
How the new TikTok deal will impact national security and personal user data
NBC News· 2025-09-25 22:06
Do we know if this deal will address those concerns. We'll keep, for instance, our data and our our information safe. Here's what the administration has said at this point.A senior White House official has explained that the way that the algorithm is going to work is that they're saying that China has essentially agreed to export a copy. That's a big concession by the way on the Chinese part. If that comes to be what we see happen, that algorithm will be trained, retrained with US user data.An algorithm is ...
Trump approves TikTok deal through executive order, Vance says business valued at $14 billion
CNBC Television· 2025-09-25 21:35
John, the president just signed an executive order attesting that the new Tik Tok deal that's being contemplated here does comply with US law and satisfies national security concerns. But as he was discussing the deal, we got a couple of new details about what's envisioned here, including a new total valuation that the vice president gave in the Oval Office just a short time ago. Take a listen.>> Uh the company will be valued around $14 billion. We actually think this is a good deal for investors, but ultim ...
TikTok Deal Tracker: Trump Expected To Sign Deal Today—As Oracle Among Main Investors (Updating)
Forbes· 2025-09-25 19:00
ToplinePresident Donald Trump is expected to sign an executive order on Thursday to finalize a deal between the U.S. and TikTok’s Chinese leadership, according to multiple reports, likely placing the social media app in the hands of a trio or more of the world’s wealthiest—and all major Trump supporters. The White House has said a deal is expected to be signed with China “in the coming days,” as multiple Trump-supporting billionaires—Larry Ellison, Marc Andreessen, Lachlan Murdoch—may be involved.Anadolu vi ...
Russia Takes Risk of Jets Being Shot Down, Dutch PM Schoof Says
Bloomberg Television· 2025-09-25 15:33
I want to start by asking you about a topic that's really dominated the conversation here at the U.N., the recent violations of NATO's airspace. President Trump says that NATO's allies should shoot down Russian aircraft if it happens again. Do you agree with that assessment.Well, the Russians should be aware that there's a possibility. I mean, if they enter NATO's airspace, this affiliation, it's a it's a big violation. But, of course, we will take care in a way that we think is appropriate, like we did wit ...
President Trump expected to sign TikTok deal on Thursday
CNBC Television· 2025-09-24 20:51
I want to shift gears though because we're getting reports here in the US that President Trump could be signing a deal to facilitate the sale of Tik Tok as soon as tomorrow. What are you hearing on the China side. Well, on the China side, I think um I'd be curious to hear what the reaction is from the US national security uh community because it's very unclear to me as to whether or not bite dance or um the uh Chinese government would uh be completely out of this deal because unless bite dance is completely ...
Trump admin considers government stake in lithium mining company
Yahoo Finance· 2025-09-24 18:33
Lithium Americas stock surged on Wednesday following a report that the Trump administration is pursuing a 10% stake in the mining firm as the White House looks to intervene in industries deemed critical to national security. A source familiar with the negotiations told FOX Business that Lithium Americas has agreed to allow the Trump administration to take a small stake of less than 10% in the company as it renegotiates a $2.26 billion Department of Energy (DOE) loan that dates back to the Biden administra ...
X @Bloomberg
Bloomberg· 2025-09-24 14:16
Suspected Chinese hackers are behind an ongoing cyber-espionage campaign against US technology companies and legal firms, stealing national security secrets often while remaining undetected, according to Google https://t.co/bVZrVgu0TH ...
MP Materials CEO on U.S. government deal: We can truly solve the rare earths magnetics crisis
CNBC Television· 2025-09-24 12:27
Shares of US rare earth producer MP Materials more than doubled since the company inked a deal with the US government back in July. You can take a look at this right now. As part of that agreement, the Department of Defense became the company's largest shareholder. Joining us now in an exclusive interview is MP Materials chairman and CEO Jim Latinski. It's good morning. Thank you, Andrew. Good morning. Um it's fascinating because you were actually one of the early examples of a situation where the governmen ...