The bankers definitely want in despite this being a heavy lift because the fees on an estimated $20-plus billion deal could be pretty rich.

Douyin, the Chinese equivalent of TikTok, is very different and "much more pro-social," NYU professor Jonathan Haidt told Business Insider in Davos.

A board member at TikTok’s parent company said that a deal to save the app from disappearing in the United States will be done soon.

The billionaire declined to share details on his sources of financing, but said private equity firms and family offices have reached out.

Keep an eye out for Dan's daily dispatches in this newsletter for the latest at Davos. In today's big story, we're looking at another executive order Trump signed last night: pausing enforcement of the TikTok ban for 75 days. What's on deck Markets ...

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.

ike the notion of banking on Trump's plan to try and lift at least part of TikTok, the controversial short-video app, out of Chinese control. DAVOS, Switzerland — President Donald Trump is ...

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.

The U.S. Treasury Department on Friday imposed sanctions on alleged hacker Yin Kecheng and cybersecurity company Sichuan Juxinhe Network Technology Co., accusing both of being involved in a series of hacks against American telecom companies.

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.

On the campaign trail last year, President Donald Trump talked tough about imposing tariffs as high as 60% on Chinese goods and threatened to renew the trade war with China that he launched during his first term.