Tesla (NASDAQ: TSLA) stock saw significant gains Friday thanks to multiple catalysts. The gains took place in conjunction with a 1% gain for the S&P 500 index and a 1.5% gain for the Nasdaq Composite index.
WASHINGTON (Reuters) - U.S. President Donald Trump said on Tuesday he was open to billionaire Elon Musk buying social media app TikTok if the Tesla CEO wanted to do so.
General Atlantic CEO Bill Ford said on Wednesday that a deal would get done to save TikTok in the U.S. after President Donald Trump signed an executive order that halted a ban on the app for 75 days.
Tesla ( TSLA) stock jumped 3% Friday amid speculation that CEO Elon Musk could potentially buy TikTok. The social media platform needs to find an American buyer, or it will effectively face a countrywide ban starting next week — and Musk is reportedly the most likely candidate.
It’s only fitting that TikTok’s fate turn into a wild dance. As the U.S. Supreme Court weighs up the constitutionality of a proposed ban on the popular video app, Beijing has pirouetted into the possibility of letting ByteDance sell it to Elon Musk,
Unless its owner agrees to sell, TikTok will be banned in the U.S. on Jan. 19. Here's how to download your account if no one buys the app.
Ford is on the board of directors for ByteDance, Tiktok’s Chinese parent ... Trump said he was open to billionaire Elon Musk, CEO of Tesla and SpaceX, or Larry Ellison, co-founder of the ...
However, Musk may be about to swallow poison. TikTok’s killer app does not have a sleek interface or a catchy name. The secret sauce is its algorithm, which is not for sale. The algorithm directs users who have searched for, say, holidays in Bali to performers showcasing that destination. The algorithm feeds the addiction.
US President Donald Trump on Monday told reporters that Microsoft is conducting discussions to acquire TikTok. While the companies refused to comment on the matter, the President said that he would like to see a bidding war over the social media app.
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Founded in 2012, ByteDance is a Chinese internet technology company behind the apps TikTok, its Chinese counterpart Douyin, and news platform Toutiao. It also owns the video game developers and publishers Moonton Games and Nuverse, and the enterprise ...
Nvidia shares' 9% recovery Tuesday was the second-best day in terms of market cap added for any company ever, trailing only a record it set in July.