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Lithium Americas soars on report Trump administration seeking equity stake
Yahoo Finance· 2025-09-24 10:50
(Reuters) -U.S.-listed shares of Lithium Americas surged more than 70% in premarket trading on Wednesday after a report said the Trump administration was seeking an equity stake of up to 10% in the miner, the latest sign of involvement in industries the government sees as critical to national security. Reuters reported late on Tuesday, citing two people familiar with the discussions, that the administration was discussing taking the stake in the company as part of talks to renegotiate a $2.26 billion gove ...
Trump's TikTok Deal Is a Good Defensive Move, Says Purdue's Giuda
Bloomberg Technology· 2025-09-23 19:45
Michelle taking a step back, the fact that tick tock is becoming so central to the future discussions between the two leaders of the United States and China. Does that surprise you at all. You know, it's a really interesting reflection of the importance of technology today when it comes to national security.It comes to economic prosperity. But when you talk about taking a step back, whether it's tick tock, whether it's export controls on semiconductor chips, whether it's tariffs, bans on tick tock, bans on ...
TikTok’s Future: U.S. Owners To Control Algorithm And Data In Proposed Deal
Forbes· 2025-09-23 06:53
The TikTok application is seen on an iPhone 11 Pro max in this photo illustration in Warsaw, Poland on September 30, 2020.NurPhoto via Getty ImagesThe latest developments in the TikTok saga mark another seismic shift in the app’s ownership and governance.Under a new proposed agreement, U.S. investors including Oracle, Silver Lake Partners and media moguls Rupert and Lachlan Murdoch would collectively own 80% of TikTok’s U.S. operations, with ByteDance retaining a minority stake of 20% or less. The Murdochs, ...
TikTok algorithm will be retrained and user data stored in U.S. as part of new deal
NBC News· 2025-09-23 00:19
Under the terms of this deal, Tik Tok will be owned by a majority of American investors and controlled by a board of directors with extensive national security and cyber security credentials. In partnership with the US government, Oracle will serve as Tik Tok's trusted security provider and they will independently monitor the safety and data security of all US user data on Tik Tok's platform. Americans data will be stored uh securely in the United States without access from China. All US user data will be s ...
U.S. nears TikTok deal with China
CNBC Television· 2025-09-22 16:58
The US now nearing a deal with China over Tik Tok after months of negotiations. The president saying the Murdoch, Larry Ellison, Michael Dell are involved in that deal. Our Julia Borston has details in today's tech check.Morning, Julia. >> Good morning, Carl. Well, a deal for Tik Tok's future is starting to come together with President Trump expected to sign an executive order later this week.Then there'll be another 100 day period 120day period for the deal to close. Now central to this new deal existing i ...
SHLD: Don't Miss Out On The Best ETF In A Trending Industry
Seeking Alpha· 2025-09-22 12:45
It goes without saying, geopolitical tension has been on the rise and spread all over our daily news. Most countries around the globe are putting a higher emphasis on national security and protection as political and economicI am an investment author with passion for finance and global markets. I enjoy gearing toward economic analysis, specifically on a macro level. Through current and forward looking market trends, fundamental and technical analysis, my goal is to provide investors and readers with the too ...
TikTok deal negotiations showcase app's power, says Krach Institute's Giuda
CNBC Television· 2025-09-22 11:33
them. Joining us right now is Michelle Ga, former assistant secretary of state for global tech affairs uh in the first Trump administration, now CEO of CROC uh the Institute for Tech Diplomacy at Purdue University. Good morning to you. Morning.Do we think that this is just a what he's talking about now is the board. Is that your understanding of of what we're talking about or we're talking about ownership stakes. Uh it sounds like the board.Um and I think big picture is all of the details of this deal are s ...
US TikTok Deal News: Oracle to Secure App's Algorithm in Trump-Backed Deal
Bloomberg Television· 2025-09-22 11:02
A White House official says that Oracle will recreate and provide the security for a new version of Tiktok's algorithm. Under the deal, owners of the US, these version of TikTok will lease a copy of the algorithm from Bytedance, and then Oracle is essentially going to serve as the gatekeeper here, continuously monitoring and operating that algorithm, the official said. The data will be kept in a secure cloud and that Bytedance will not have any access to US based users information on the platform.The algori ...
X @Bloomberg
Bloomberg· 2025-09-22 00:30
India is developing a plan to improve its ability to protect satellites from attacks after a near miss in orbit highlighted risks to national security posed by other spacecraft https://t.co/bojXuyMIqp ...
TikTok deal may have potential national security impact: Longview Global's McNeal
CNBC Television· 2025-09-19 21:55
Let's go more on the talks between China and the US and the future of Tik Tok and all sorts of other things. We're joined by CNBC contributor Dardrick McNeel who served in the Obama administration. He's now senior policy analyst at Long View Global.Uh Dardrick, great to see you. >> Um I want to Great to see you as well. >> I want to focus in on this Tik Tok deal.While we know very few details, um there's one detail that Aean did uh talk about just now and that is the idea of who controls the algorithm. Um, ...