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.

President Donald Trump apparently has no qualms about turning the fate of TikTok into a public bidding war. When prompted by specific questions from reporters, the new president tossed out some of the biggest names in the tech world as possible buyers of TikTok’s US operations — a deal that would allow the platform to get around a ban imposed by

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.

Chinese Vice Premier Ding Xuexiang warned of “no winners” in a trade war during a speech Tuesday during the World Economic Forum in Davos, Switzerland.

Billionaire Frank McCourt has expressed openness to partnering with other buyers for a bid to acquire TikTok's U.S. operations. Speaking at the World Economic Forum in Davos, McCourt emphasised that while financing is not a challenge,

Trump's incoming administration has a different relationship to business leaders, especially in tech.

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