Author: Grace Johnson

ByteDance has signed binding agreements with American and global investors to keep TikTok operating in the United States. Chief executive Shou Zi Chew confirmed the agreement in a memo to employees on Thursday. The deal restructures control of TikTok’s American business and removes the immediate threat of a shutdown. Investors Step In With Majority Control A new joint venture gives outside investors half of TikTok’s United States operations. The investor group includes Oracle, Silver Lake, and Emirati firm MGX. Shou Zi Chew outlined the structure in an internal message. The transaction will close on 22 January. Company leaders said the…

The Trump administration announced a new weapons sale to Taiwan valued at roughly $11bn. The package includes advanced rocket launchers, self-propelled howitzers, and various missile systems. US officials made the announcement late Wednesday. Congress must still approve the sale before it can proceed. The administration linked the move to security priorities in Asia. This marks the second arms sale to Taiwan since Donald Trump returned to the White House in January. The administration continues to expand defence ties with Taipei. Officials described the package as a response to shifting regional threats. The deal significantly boosts Taiwan’s military capabilities. Military pressure…

Board signals firm opposition Warner Bros Discovery plans to advise shareholders to reject Paramount Skydance’s $108.4bn takeover bid. Reports say the recommendation could come as early as Wednesday. Board members see significant risks in the proposal. They believe the offer lacks sufficient certainty and strategic clarity. Paramount says its bid beats a $72bn agreement Warner Bros reached with Netflix. That earlier deal covers film and streaming operations. Paramount describes its proposal as superior in value and scope. Warner Bros executives disagree with that assessment. Funding structure raises red flags Warner Bros plans to highlight financing concerns behind the bid, according…

US President Donald Trump has filed a five-billion-dollar defamation lawsuit over an edited version of his January 2021 speech. He submitted the case in Florida and accused the UK public broadcaster of defamation and breaches of trade practices law, according to court filings. The organisation had apologised for the edit last month but rejected compensation demands and denied any legal basis for defamation. Trump’s legal team claimed editors deliberately and maliciously altered his words. The lawsuit argued the changes deceptively reshaped the speech to damage his reputation. The broadcaster has not yet responded publicly to the lawsuit itself. Lawsuit follows…

Manchester United head coach Ruben Amorim admits the team falls short of required standards. He says criticism from former players comes with the job. Amorim accepts responsibility for the club’s league position. He believes honesty matters in difficult moments. United approach Monday’s Premier League match against Bournemouth under pressure. A win would keep them inside the top six for a second consecutive week. That outcome has remained rare this season. Small Steps in a Season of Setbacks United last achieved consecutive top-six weeks near the end of the 2023-24 campaign. That period ended with a heavy defeat at Crystal Palace.…

Disaster, catastrophe, nightmare. Hollywood’s creative workforce uses stark language to describe Warner Bros’ collapse. The once-dominant studio now stands on the edge of a breakup or takeover. Netflix and Paramount Skydance battle for control. The industry braces for fresh chaos and deeper job losses. Warner Bros’ decline lands during an already brutal slowdown. A historic production slump has battered film and television. The studio’s possible loss threatens thousands of jobs. It also removes a key buyer of new film and series projects. For generations, Warner Bros shaped cinema culture. The studio delivered Casablanca, Goodfellas, Batman, and Harry Potter. Many workers…

A billionaire investor pursuing TikTok’s US business says uncertainty dominates as another deadline nears. The United States has delayed the forced sale of the app multiple times. Officials warn a ban could hit American users without a deal. President Donald Trump appears ready to extend the deadline again on Tuesday. That move would mark the fifth postponement since lawmakers approved the measure. Investor Frank McCourt said his group continues waiting for direction from Washington. He said the investors stand ready to act immediately. McCourt said the group already secured funding for a purchase. He added that the long pause leaves…

Platform launches significant High Court challenge Reddit brings a High Court case against Australia’s new rule that blocks all users under 16 from joining social platforms. The law took effect on Wednesday and forces ten companies to restrict young Australians. Supporters say the measure shields children from harmful content and aggressive algorithms. Reddit follows the new requirements but warns of major risks to privacy and political rights. Two Australian teenagers pursue a separate case and wait for their hearing. Company argues the law misses key realities “Despite good intentions, this law misses the mark,” Reddit states on its site. The…

A New Route to Citizenship President Donald Trump introduces a visa for wealthy foreign applicants. The programme targets people who pay at least one million dollars. Trump promises a direct path to citizenship for vetted candidates. He claims the plan helps American firms retain vital talent. He describes the launch as a boost for the national economy. Structure of the Gold Card The Gold Card offers an accelerated visa for applicants who show major economic value. The official site says the programme supports people who bring substantial benefit to the United States. The rollout comes as Washington sharpens its immigration…

The Biggest Technical Overhaul the Sport Has Ever Seen The 2025 season ends with McLaren taking both titles, but the real shake-up arrives in 2026. Formula 1 introduces groundbreaking technical rules and expands the grid to 11 teams. A major British sports outlet breaks down what fans should expect next year.The new regulations deliver the most dramatic shift in many seasons. Cars become lighter, narrower and far more efficient. They shed 30 kilograms, slim down by ten centimetres and run power units with nearly equal electric and combustion output. The series also switches to fully sustainable fuels.The effect on racing…