Former Treasury Secretary Looking to Form Investor Group to Purchase TikTok
Video Credit: Wibbitz Top Stories - Duration: 01:31s - Published
Former Treasury Secretary Looking to Form Investor Group to Purchase TikTok
Former Treasury Secretary , Looking to Form Investor Group , to Purchase TikTok.
NBC reports that former Treasury Secretary
Steven Mnuchin is looking to put together an
investor group to acquire ByteDance's TikTok.
NBC reports that former Treasury Secretary
Steven Mnuchin is looking to put together an
investor group to acquire ByteDance's TikTok.
The news comes as a bipartisan bill works its
way through Congress that threatens to bring an
end to the platform's existence in the United States.
The news comes as a bipartisan bill works its
way through Congress that threatens to bring an
end to the platform's existence in the United States.
On March 13, the House of Representatives passed
the bill, which would force ByteDance to divest
the platform or face a ban on the app in the U.S.
I think the legislation should
pass and I think it should be sold.
Itâs a great business and Iâm going
to put together a group to buy TikTok, Steven Mnuchin, Former Treasury Secretary, via CNBCâs âSquawk Boxâ.
This should be owned by
U.S. businesses.
Thereâs no
way that the Chinese would
ever let a U.S. company own
something like this in China, Steven Mnuchin, Former Treasury Secretary, via CNBCâs âSquawk Boxâ.
NBC points out that the bill still requires Senate approval
before it heads to President Joe Biden, who has indicated
that he would support the bill if it passes through Congress.
NBC points out that the bill still requires Senate approval
before it heads to President Joe Biden, who has indicated
that he would support the bill if it passes through Congress.
However, TikTok CEO Shou Zi Chew has said
that selling TikTok is not a viable option.
.
According to PitchBook data, , ByteDance was valued at , $220 billion in 2023.
.
Mnuchin has yet to specify the potential valuation
of a deal to acquire the social media platform
or which investors may be interested in the deal.
At the same time, the 'Wall Street Journal' reported that
former Activision Blizzard CEO Bobby Kotick has also
expressed interest in a deal to purchase TikTok.
At the same time, the 'Wall Street Journal' reported that
former Activision Blizzard CEO Bobby Kotick has also
expressed interest in a deal to purchase TikTok
Russia's Belgorod region declared an emergency following Ukrainian attacks, with evacuations underway. Ukraine's cross-border incursion into Kursk and Belgorod marks the first foreign troop entry into Russia since World War II. Kyiv claims control of 74 settlements in Kursk, embarrassing the Kremlin. Russia reports destroying numerous Ukrainian drones and missiles. The conflict has displaced thousands of Russians. US President Biden notes the situation is creating a "dilemma for Putin.â
#Belgorod #Kursk #Kyiv #Ukrainewar #KurskAttack #BelgorodAttack #Worldnews #Oneindia #Oneindianews
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US President Biden has confirmed direct contact with Ukraine regarding its incursion into Russia's Kursk Region. The offensive, involving thousands of Ukrainian troops, has resulted in civilian casualties and seized several villages. While the US and EU express support, Ukrainian forces admit to significant losses. Their goals include capturing territory for potential peace talks and relieving pressure on the Donbas front.
#USPresidentBiden #JoeBiden #Kursk #RussiaUkrainewar #Ukrainewarlive #Donbas #Zelensky #Worldnews #Oneindia #Oneindianews
The United States is sounding the alarm as Israel faces the threat of significant attacks this week. White House National Security Communications Advisor John Kirby has issued a stark warning, emphasizing the need for preparedness against potential strikes by Iran or its proxies. In a joint statement, President Biden, along with leaders from the UK, France, Germany, and Italy, called on Iran to halt its threats against Israel. The situation in the Middle East remains volatile, with Israel already retaliating against Hamas and Hezbollah commanders following recent escalations. As tensions rise, world leaders stress the urgent need for a ceasefire and the delivery of humanitarian aid. Watch as we delve into the latest developments and the global response to the escalating crisis.
#IsraelUnderThreat #MiddleEastCrisis #IranVsIsrael #USPreparedness #GlobalSecurity #TensionsRise #BreakingNews #CeasefireNow #IsraelDefense #InternationalRelations
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In a shocking interview with Elon Musk, former President Donald Trump made a provocative statement about the upcoming election. Trump claimed that if he loses in November, the U.S. would become so unsafe that he would have to "meet next time in Venezuela" with Musk. Trump further accused Venezuela of releasing violent criminals into the U.S. to lower its own crime rate. What does this mean for America's future? Watch as we break down Trump's bold assertions and their potential implications.
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On Partition Horrors Remembrance Day, Uttar Pradesh Chief Minister Yogi Adityanath made bold claims about the ongoing crisis in Bangladesh, likening it to the scenes of 1947. Adityanath accused secularists and opposition leaders in India of remaining silent on the plight of 1.5 crore Hindus in Bangladesh due to political concerns. He also criticized Congress for historical mistakes and divisive politics. Watch as we explore Adityanath's explosive statements and their potential impact on Indian politics and international relations.
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Following the Congress's fierce attack on the ruling BJP over the latest Hindenburg allegations that SEBI Chairperson Madhabi Puri Buch 'had a stake in offshore.. DNA
Bengaluru, Indiaâs IT hub, has been hit hard by heavy rains, resulting in severe waterlogging across the city. Several areas are now submerged under knee-deep water, leading to significant traffic disruptions and impassable routes for office goers. Angry netizens have taken to X (formerly Twitter) to criticize the administration and the ruling Congress government for their handling of the situation. Complaints include the administration's 'visionary plans' and BBMP's outsourcing of stormwater drainage clearance. The traffic department has issued alerts for slow traffic on key roads, advising commuters to plan alternative routes. Watch this video for a detailed look at the flooding crisis and its impact on Bengaluru.
#BengaluruFloods #HeavyRains #Waterlogging #TrafficDisruptions #BengaluruChaos #Flooding #Karnataka #CityInCrisis #BBMP #TrafficAlert
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Netanyahu's first visit to the White House since 2020 comes a day after he gave a fiery speech to Congress in which he vowed "total victory" against Hamas and denounced American opponents of the war in Gaza as "idiots".
Credit: euronews (in English) Duration: 02:21Published
Pro-Palestinian activists released maggots and other insects at the Watergate Hotel in Washington, D.C., where Israeli Prime Minister Netanyahu was staying during his controversial U.S. visit. The incident, claimed by the Palestinian Youth Movement, was a protest against Israel's actions in Gaza. It coincided with Netanyahu's address to Congress and large demonstrations nearby. The hotel confirmed the event, stating it has been sanitized. This unusual protest underscores the heightened tensions surrounding Netanyahu's visit and the ongoing Israel-Gaza conflict.
#Trump #IsraeliPMNetanyahu #Netanyahu #MaraLago #USIsrael #NetanyahuCongress #NetanyahuSpeech #BenjaminNetanyahu #TrumpNetanyahu #Worldnews #Oneindia #Oneindianews
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Colin Jost posted an alarming update on the injuries and illnesses he sustained during his harrowing -- and hilarious -- coverage in Tahiti as an Olympics.. TMZ.com
We're getting a closer look at all the behind-the-scenes chaos at 'SNL' in Jason Reitman's latest film 'Saturday Night.' Sony Pictures released the first trailer for the feature which stars Gabriel LaBelle as Lorne Michaels and focuses on the minutes leading up to the NBC sketch series' debut broadcast that aired Oct. 11, 1975.
Credit: The Hollywood Reporter Duration: 01:34Published
Colin Jost is off the hook from his Olympics coverage duties in Tahiti after a week of injury drama, starting with his toe wounds ... which he quipped invite.. TMZ.com
Maya Rudolph is returning to 'Saturday Night Live' to play Kamala Harris in the run-up to the 2024 presidential election. Production on Rudolph's Apple TV+ series 'Loot' was scheduled to start work on season three in late August, but it's been delayed for scheduling reasons. This helps free up her time to work on 'SNL.' Reps for NBC haven't replied to a request for comment.
Credit: The Hollywood Reporter Duration: 01:24Published
Lisa Kudrow says she's finally rewatching 'Friends' because of Matthew Perry. The actress has previously admitted that she couldn't bring herself to watch reruns of the beloved NBC sitcom, explaining she didn't want to risk not liking her work on the show. But in a recent interview with The Hollywood Reporter to promote her upcoming Apple TV+ series 'Time Bandits,' Kudrow revealed that she's begun to revisit old 'Friends' episodes, in large part to keep the memory of her late co-star Perry alive. Perry died October 28th, 2023, at age 54.
Credit: The Hollywood Reporter Duration: 01:26Published
Walgreens Plans , âSignificantâ Store Closures.
On June 27, Walgreens announced quarterly earnings
that were poorer than expected, NBC News reports.
The company's stock fell 15% in pre-market trading.
CEO Tim Wentworth issued a press release.
We continue to face a difficult operating
environment, including persistent
pressures on the U.S. consumer and the
impact of recent marketplace dynamics
which have eroded pharmacy margins, Tim Wentworth, Walgreens CEO, via press release.
Our results and outlook
reflect these headwinds, Tim Wentworth, Walgreens CEO, via press release.
Wentworth elaborated in an interview with CNBC.
The consumer is absolutely stunned by
the absolute prices of things, and the
fact that some of them may not be
inflating doesnât actually change their
resistance to the current pricing, Tim Wentworth, Walgreens CEO, via CNBC.
On a call with analysts, Wentworth said that Walgreens' strategy will have to "include the closure of a significant portion of these underperforming stores.".
75% of our stores drive 100% of our
profitability today. What that means is
the others we take a hard look at, we are
going to finalize a number that we will close, Tim Wentworth, Walgreens CEO, via call with analysts.
The pharmacy chain currently
operates about 8,600 stores
Credit: Wibbitz Top Stories Duration: 01:30Published
US Water System May Be , Vulnerable to Cyberattack, by China, Russia and Iran.
CNBC reports that the United States
water system has been the target of a series
of cyberattacks over the past few years. .
In response, the Environmental Protection Agency
(EPA) has been forced to issue an alert warning
that 70% of water systems do not comply
with the Safe Drinking Water Act.
According to the EPA, some have âalarming
cybersecurity vulnerabilities,â including
unchanged default passwords and former
employees who retain access to vital systems.
In February, the FBI issued a warning to
Congress that Chinese hackers have embedded
themselves into the U.S. cyber infrastructure. .
Those hackers have targeted water treatment
plants, the electrical grid, transportation
systems and other vital infrastructure.
Those hackers have targeted water treatment
plants, the electrical grid, transportation
systems and other vital infrastructure.
Water is among
the least mature
in terms of security, Adam Isles, head of cybersecurity
practice for Chertoff Group, via CNBC.
Stuart Madnick, an MIT professor of engineering
systems and co-founder of Cybersecurity at
MIT Sloan, warns that an attack that shuts off
water to the population is the main concern.
We have demonstrated in our
lab how operations, such as
a water plant, could be shut
down not just for hours or
days, but for weeks, Adam Isles, head of cybersecurity
practice for Chertoff Group, via CNBC.
Recently, EPA Administrator Michael Regan and
National Security Adviser Jake Sullivan sent a letter
to governors stressing the urgency of the threat. .
Recently, EPA Administrator Michael Regan and
National Security Adviser Jake Sullivan sent a letter
to governors stressing the urgency of the threat. .
CNBC reports that budgets, outdated
infrastructure and an overall reluctance to take
action may prevent necessary fixes from
being made before a serious attack.
Credit: Wibbitz Top Stories Duration: 01:31Published
Republican Presidential Candidate Donald Trump has chosen former critic JD Vance as his vice-presidential nominee. Vance, a 39-year-old Ohio Senator and author, was confirmed as VP pick by RNC delegates.
Despite past criticisms of Trump, Vance has become a strong supporter. After winning his Senate seat with Trump's endorsement in 2022, Vance is now attacking Joe Biden, calling him an "incapacitated president" and accusing Democrats of lying about Biden's health.
#JDVance #DonaldTrump #Trump2024 #TrumpAttack #TrumpVance #TrumpVance2024 #BidenHarris #RepublicanParty #RNC2024 #NationalConvention #USElections #Worldnews #USnews #Oneindia #Oneindianews
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Former U.S. Treasury Secretary Steven Mnuchin is making headlines again, this time with a surprising announcement regarding TikTok. Veuerâs Maria Mercedes Galuppo has the story.
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