ExxonMobil to Shut Older Singapore Steam Cracker Amid Global Petrochemical Downturn 
Boeing Acquisition of Spirit AeroSystems Could Close Soon Amid Ongoing Conditions 
Australia Moves Forward With Teen Social Media Ban as Platforms Begin Lockouts 
Putin and U.S. Envoy Witkoff Hold “Truly Friendly” Talks as Ukraine Peace Efforts Intensify 
Honduran Election Deadlock Continues as U.S. Attention Intensifies 
Trump Backs Review of U.S. Childhood Vaccine Schedule After Hepatitis B Policy Change 
U.S. and Rwanda Sign $228 Million Health Partnership to Boost Self-Reliance 
Honduras Election Turmoil Deepens as Nasralla Alleges Fraud in Tight Presidential Race 
Lockheed Martin Secures $1.14 Billion Contract Boost for F-35 Production 
Australia Imposes Sanctions on Taliban Officials Over Human Rights Abuses 
IKEA Expands U.S. Manufacturing Amid Rising Tariffs and Supply Chain Strategy Shift 
Trump’s New U.S. Strategy Seeks to Deter China and Protect Taiwan 
U.S. Defense Secretary Hegseth Defends Second Strike on Suspected Drug Boat Amid War-Crime Concerns 
U.S.-EU Tensions Rise After $140 Million Fine on Elon Musk’s X Platform 
IKEA Launches First New Zealand Store, Marking Expansion Into Its 64th Global Market 
Sam Altman Reportedly Explored Funding for Rocket Venture in Potential Challenge to SpaceX 
CFPB to Review Anti-Discrimination Policies and Fair Lending Rules Amid Policy Shift 
U.S. President Donald Trump announced he is considering various options for TikTok’s future, with a decision expected within 30 days. Speaking aboard Air Force One, Trump confirmed discussions with multiple parties expressing interest in the popular app, used by 170 million Americans.
Sources revealed that the White House is negotiating a deal involving Oracle and U.S. investors to oversee TikTok’s U.S. operations. Under the proposed terms, ByteDance, TikTok’s Chinese owner, would retain a minority stake, while Oracle would manage data security and software updates. This setup aims to address national security concerns over potential Chinese government access to user data.
Reports suggest ByteDance’s U.S. investors, including Susquehanna International Group, KKR, Sequoia Capital, and General Atlantic, could participate in the deal. Oracle’s interest reportedly involves a substantial financial stake, though specific terms remain fluid. Other groups, such as those led by Frank McCourt and YouTube star Mr. Beast, are not currently involved in these negotiations.
TikTok was briefly taken offline ahead of a law mandating its sale or ban on national security grounds. While Trump initially delayed enforcing this law, he emphasized the importance of securing a fair deal that benefits the U.S., suggesting a 50% ownership stake in a joint venture could be an ideal outcome.
Oracle, already hosting TikTok’s U.S. user data, has been in talks with White House officials to finalize the arrangement. Free speech advocates have opposed the ban, citing mischaracterizations of TikTok’s ties to China.
As discussions continue, securing bipartisan support in Congress remains a critical hurdle for the deal's success.
