December 21, 2025 - 18:30

In a significant move within the entertainment industry, TikTok has finalized a deal to transfer its U.S. operations to a consortium of investors led by billionaire Larry Ellison. This acquisition marks a notable expansion of Ellison's already vast media and entertainment empire. Known for his close ties to former President Donald Trump, Ellison's involvement signals a strategic shift in the management and direction of one of the most popular social media platforms in the world.
The deal comes amid ongoing scrutiny and regulatory challenges facing TikTok in the United States, as concerns over data privacy and national security continue to loom large. With Ellison at the helm, the hope is that the transition will not only stabilize TikTok's operations but also enhance its growth potential in the competitive social media landscape.
As the platform continues to attract millions of users, the new leadership will likely focus on innovative content strategies and partnerships to engage audiences while navigating the complexities of the current digital environment.
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Holiday weekend brings business to the beachThe holiday weekend brought a welcome surge of activity to the beach, with local businesses reporting a noticeable uptick in customers and revenue. From souvenir shops to seafood restaurants, the...
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Jewish CEO of Azerbaijani giant deepens business ties with IsraelThe Jewish CEO of one of Azerbaijan`s largest conglomerates is deepening business ties with Israel, signaling a strategic push into new sectors. NEQSOL Holding, a major player in energy,...
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China’s machinery giant XCMG eyes bigger scoop of global salesChina`s state-owned heavy machinery manufacturer XCMG is pushing for a bigger piece of the global market, betting on a strategy that combines smart factories, eco-friendly technology, and digital...
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Hoping to stream the Indy 500? Here are some of the best ways to watch the raceFor viewers in the United States, the main broadcast will air live on NBC. If you have a cable or satellite subscription, that is the simplest route. Cord-cutters can turn to live TV streaming...