[ad_1] ByteDance co-founder Zhang Yiming has added nearly $14 billion to his fortune since the start of 2025, even as top billionaires like Elon Musk and Jeff Bezos have seen their net worths shrink by $135 billion and $43 billion, respectively, during the same period. Zhang’s wealth has surged 31% this year, reaching $57.5 billion. […]
Top Stories: Global market meltdown, DIPAM secy exclusive, fuel duty hike and more – CNBC TV18
[ad_1] Global markets took a beating on Monday as fears of a full-blown trade war escalated. The Dow Jones had a rollercoaster day, plunging over 650 points after a brief recovery — marking its third straight session in the red. The trigger? US President Donald Trump’s aggressive tariff hike on key trading partners. Market veteran […]
Amazon bids to buy TikTok as deadline looms, US administration official says – CNBC TV18
[ad_1] Amazon.com has put in a last-minute bid to buy TikTok, a US administration official said on Wednesday, just days ahead of an April 5 deadline for the short-form video app to find a non-Chinese buyer or face a ban in the country. US President Donald Trump is expected to discuss TikTok’s fate at an […]
Donald Trump says he may cut tariffs on China to secure TikTok deal – CNBC TV18
[ad_1] President Donald Trump said he would consider lowering tariff rates imposed on China to secure Beijing’s support for a sale of the US operations of ByteDance Ltd.’s social video platform TikTok to an American company. “Every point in tariffs is worth more than TikTok,” Trump told reporters Wednesday in the Oval Office. He suggested […]
Donald Trump says considering 10% tariffs on China from as early as February 1 – CNBC TV18
[ad_1] US President Donald Trump told reporters on Tuesday evening US time that his team was discussing a 10% tariff on China and that the duty could take effect as early as February 1. “We’re talking about a tariff of 10% on China based on the fact that they’re sending fentanyl to Mexico and Canada,” […]
TikTok ban in US: Donald Trump says he ‘most likely’ will give 90-day extension – CNBC TV18
[ad_1] The clock is ticking toward a US ban on TikTok, but users seeking clarity on what that will mean did not get much on Saturday, January 18, from the company that runs the popular video-sharing platform or the tech giants that offer the TikTok app in their digital marketplaces. However, President-elect Donald Trump said […]
TikTok, Xiaomi, other Chinese firms hit by European Union privacy complaints – CNBC TV18
[ad_1] TikTok, Shein, Xiaomi and three other Chinese companies were named in a privacy complaint filed on Thursday by Austrian advocacy group Noyb which claimed the firms were unlawfully sending European Union user data to China. Noyb is known for filing complaints against American companies such as Apple, Alphabet and Meta, which has led to […]
CNBC-TV 18 Morning Call: Bitcoin at fresh high, Bayrou appointed France PM, Blinkit launches Bistro app – CNBC TV18
[ad_1] 1 / 13 Stocks closed mixed on Friday (December 13) as rising treasury yields offset tech gains, with the Dow down 0.2%, the S&P 500 flat, and the Nasdaq up 0.12%. For the week, the Dow fell 1.8%, the S&P lost 0.6%, and the Nasdaq rose 0.3%. (Photo: Reuters) 2 / 13 Bitcoin hit […]
Australia bans social media ban for kids under 16 – CNBC TV18
[ad_1] The Australian Senate passed a social media ban for young children on Thursday that will soon become a world-first law. The law will make platforms including TikTok, Facebook, Snapchat, Reddit, X and Instagram liable for fines of up to 50 million Australian dollars ($33 million) for systemic failures to prevent children younger than 16 […]
European Union requests info from YouTube, Snapchat, TikTok on content algorithms – CNBC TV18
[ad_1] The EU Commission requested information on Wednesday from YouTube, Snapchat and TikTok on the parameters used by their algorithms to recommend content to users and their role in amplifying some systemic risks, including those related to the electoral process, mental health and protection of minors. The requests, made under the Digital Services Act (DSA), […]