Cuba Power Grid Collapse Triggers Nationwide Blackout Amid Deepening Energy Crisis 
Dollar Rebounds as Euro, Pound Slip Ahead of Fed Minutes, Yen Near Intervention Zone 
Switch Seeks $2 Billion Funding at Nearly $50 Billion Valuation Ahead of Potential IPO 
European Stocks Hold Steady as Consumer Shares Rise, AI Tech Selloff Weighs on Markets 
OpenAI GPT-5.6 Set for Wider Release After U.S. Commerce Approval, Report Says 
Nasdaq Futures Slide as AI Chip Stocks Sink Despite Samsung Earnings; SpaceX Debuts in Nasdaq-100 
China 618 Smartphone Sales Drop 13% as Higher Prices Hurt Demand, Huawei Gains Market Share 
Oil Prices Slip as OPEC+ Boosts August Output, Oversupply Concerns Weigh on Crude Market 
US Stock Futures Steady as Middle East Tensions and Fed Minutes Keep Investors Cautious 
LG Energy Solution Q2 Profit Plunges 77% Despite Revenue Growth on Weak EV Demand 
Oil Prices Jump as Middle East Tensions Shake Markets, AI Rally Loses Steam 
Gold Price Today: Gold Slips as Dollar Rebounds Ahead of Fed Minutes 
EU Chip Industry Faces Growing Risks From China Export Controls and U.S. Technology Dependence: Report 
Germany Seen Gaining as U.S. China-Built Ship Fees Reshape Trade 
US Stock Futures Rise as Investors Eye Fed Minutes, AI Stocks, and Q2 Earnings 
Super Micro Employees Detained in Taiwan AI Server Export Investigation 
South Korea’s KOSPI Plunges as Samsung, AI Chip Stocks Trigger Market Sell-Off 
President-elect Donald Trump hinted that TikTok could remain operational in the US, citing its immense popularity during his campaign, even as ByteDance braces for a Supreme Court showdown over its ownership.
Trump Suggests TikTok Could Stay in the United States
After receiving billions of views on the social media platform throughout his presidential campaign, President-elect Donald Trump backed permitting TikTok to continue operating in the United States for at least a little while on Sunday.
Speaking to a conservative rally in Phoenix, Arizona, Trump sent one of the clearest hints about his opposition to TikTok's possible departure from the American market.
In April, the United States Senate issued a mandate compelling ByteDance, the Chinese parent company of TikTok, to sell up the app. The reason given was the software's impact on national security.
Supreme Court Agrees to Hear TikTok's Appeal
The owners of TikTok have petitioned the United States Supreme Court to overturn the legislation, and the court has consented to consider their case. On January 19, the day before Trump assumes power, the app could be essentially banned in the US if the court does not find in ByteDance's favor and divestment does not take place.
The Senate's TikTok divestiture order was enacted with a resounding majority, but Trump's plan to reverse it remains a mystery.
During AmericaFest, an annual meeting hosted by conservative group Turning Point, Trump addressed the crowd and said, "I think we're going to have to start thinking because, you know, we did go on TikTok, and we had a great response with billions of views, billions and billions of views."
Trump Meets TikTok CEO Amid Divestment Debate
"They brought me a chart, and it was a record, and it was so beautiful to see, and as I looked at it, I said, 'Maybe we gotta keep this sucker around for a little while'," he explained.
The CEO of TikTok and Trump had a meeting on Monday. Trump expressed his "warm spot" for TikTok at a news conference the very same day, citing the app's success during his campaign.
Most politicians in the United States agree with the Justice Department that Chinese control of TikTok is a persistent danger to national security, Investing.com.
TikTok Defends Its US Operations
The social media app TikTok claims that the US Department of Justice has exaggerated the extent to which the app is connected to China. The company maintains that its content recommendation engine and user data are kept in US cloud servers run by Oracle Corp., and that decisions regarding content moderation that impact US users are made in US facilities as well.
