Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
Anthropic Eyes $350 Billion Valuation as AI Funding and Share Sale Accelerate 
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
Triller Inc is working with investment bank Farvahar Partners in discussing a merger with special purpose acquisition companies that would help it go public and capitalize on TikTok’s woes.
Thre US-based Triller is also in discussions with investors about a private fundraising round, led by investment bank UBS Group AG, in which the Los Angeles-based company is seeking to raise around $250 million, the sources said.
Triller has so far secured around $100 million in that round at a $1.25 billion valuation, according to the sources. It is deliberating whether to proceed with the private fundraising or opt for the deal with a SPAC, one of the sources added.
Launched in 2015, Triller only has a fraction of the 100 million TikTok users have in the US but is hoping that the uncertainty over its rival’s future will drive more users to its platform.
Triller claimed earlier this year that it had 65 million active users on its short video app. Its celebrity users include Alicia Keys, Cardi B, and Eminem.
The company's and its financial backers include Kendrick Lamar and The Weeknd.
Triller sued TikTok in July for infringing its patent for stitching music videos together with a single audio track.
In August, Triller announced it had partnered with investment firm Centricus Asset Management Ltd in a bid for TikTok.
TikTok is widely popular with teenagers in the US, and major American companies, such as Procter & Gamble Co, Chipotle Mexican Grill Inc., and Danone intend to keep advertising with TikTok.
