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Amazon's Last-Minute Bid to Buy TikTok

Amazon has made a bid to purchase TikTok as a U.S. ban looms.
The offer was disclosed in a letter to Vice President JD Vance and Commerce Secretary Howard Lutnick.
President Trump extended the ban deadline, expecting a deal by Satu...

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Trump Considers Tariff Reduction for TikTok Deal

US President Donald Trump is open to reducing tariffs on China to secure a deal for TikTok's sale.
Trump mentioned the possibility of extending the April 5 deadline if an agreement isn't reached in time.
TikTok, owned by ByteDance,...

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Trump Hints at Extending TikTok Ban Deadline

President Trump suggests the 75-day deadline for banning TikTok could be extended, but expects a deal to keep the app running in the US.
Trump credits TikTok with helping him win the 2024 election and believes Chinese President Xi Ji...

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TikTok Bypasses US Ban with Direct Downloads

TikTok is allowing Android users to download the app directly from its website after being removed from Apple and Google stores due to a US law.
President Trump delayed the law's enforcement by 75 days and is in talks regarding TikTo...

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Trump Confirms Microsoft-TikTok Acquisition Talks

President Trump announced that Microsoft is in talks to acquire TikTok, aiming for a bidding war over the app.
TikTok faces a potential ban unless its Chinese owner ByteDance sells it due to national security concerns.
Previous tal...

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Trump Admin Eyes Oracle's TikTok Takeover

The Trump administration is in negotiations for Oracle to take over TikTok with new U.S. investors, per NPR.
Lawmakers had earlier passed a bill forcing ByteDance to sell TikTok or face a U.S. ban; Trump delayed the ban via executive...

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Perplexity AI Bids for TikTok U.S. Merger

Perplexity AI submitted a bid to merge with TikTok U.S., aiming to avoid a potential ban by the Biden administration.
The proposal includes combining Perplexity with New Capital Partners, allowing ByteDance investors to retain their...

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2024 Master Layoffs Tracker - Indian + Global

tl;dr

Across the year, more than 149,000 employees in tech were laid off from January through November 2024 alone, with August 2024 seeing the highest single-month total exceeding 26,000 job cuts.
Major global tech giants (...

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US Court Denies TikTok's Bid Against Ban

TikTok must urgently appeal to the Supreme Court after a US appeals court denied their request to delay a law demanding ByteDance divest by Jan. 19.
The law could lead to TikTok's shutdown in the US, affecting 170 million users, amid...

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ByteDance Leads China's AI Race with Nvidia Partnership

ByteDance has emerged as a frontrunner in generative AI in China, attracting top talent and becoming Nvidia's biggest customer in the country.
The company is investing billions in AI infrastructure and has launched competitive AI ap...