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.

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.

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

For years, C.E.O.s have used the annual gathering at the World Economic Forum to emphasize commitments to D.E.I., E.S.G. and globalization. Now the politics have changed.

TikTok was restored in the US after Trump (then the president-elect) said he would issue an executive order following his inauguration to extend the period before the law took effect. He signed that order Monday.

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

President Donald Trump issued a barrage of executive orders that were aimed squarely at markets and your money — but what will they actually do?

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 ...

In this Sunday edition of BI Today, we're bringing you highlights from the World Economic Forum in Davos, Switzerland.

He had in December 2024 announced a year-long ban on the social media platform. Read more at straitstimes.com.

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.