Douyin, the Chinese equivalent of TikTok, is very different and "much more pro-social," NYU professor Jonathan Haidt told Business Insider in Davos.
The billionaire declined to share details on his sources of financing, but said private equity firms and family offices have reached out.
DAVOS, Switzerland (Reuters) - The CEO of investment firm General Atlantic, a board member of TikTok's parent company, said on Thursday that he was optimistic that a deal to keep the short-video app operating in the United States would be agreed.
He had in December 2024 announced a year-long ban on the social media platform. Read more at straitstimes.com.
As business titans and world leaders gathered Monday in Davos, Switzerland, for the opening of the annual World Economic Forum, all eyes were on President Donald Trump ’s taking power again in Washington.
The World Economic Forum, colloquially called "Davos" after the location at which it's hosted in the Swiss mountains, is a yearly meeting of elites.
President’s Oval Office chat with Fox host covers everything from pardoning of January 6 defendants to the future of TikTok and Los Angeles wildfires
Volkswagen will need to make additional investments in the United States to hit its target of doubling market share in the country, its CFO Arno Antlitz said on the sidelines of the World Economic Forum (WEF) in Davos,
Donald Trump said he would impose high tariffs and further sanctions on Russia if it continued its "ridiculous war".
U.S. billionaire Frank McCourt told Reuters at the Davos event on Thursday (January 23) that he is open to teaming up with other buyers on a bid to take over the U.S. operations of TikTok as long as he can maintain control of the asset.
DAVOS, Switzerland (Reuters) -U.S. businessman Frank McCourt is open to teaming up with other buyers on a bid to take over the U.S. operations of TikTok as long as he can maintain control of the asset, he told Reuters at the Davos event on Thursday.