TikTok row: US joint venture deal signed to avert Chinese ownership ban; ByteDance’s stake capped at 19.9%

TikTok has signed a joint venture agreement with major investors to keep its platform running in the United States and avoid a potential ban linked to its Chinese ownership, according to an internal memo seen by news agency AFP.TikTok chief executive Shou Zi Chew told employees that the company and its parent ByteDance have agreed […]

Who is Larry Ellison: Richest man in the world with more than $393 billion net worth | World News

“When people start telling you that you’re crazy, you just might be on to the most important innovation in your life,” Larry Ellison said in 2016. Fast forward to 2025, he is at the most important position in the billionaires’ world—the richest man on Earth with a staggering net worth of $393 billion. The 81-year-old […]