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US investors try to buy TikTok from Chinese owner
A group of US tech investors has launched an ambitious plan to buy TikTok from its Chinese owner, as the popular short-video app tries to escape being banned by the White House.The investors, led by the venture capital firms General Atlantic and Sequoia Capital, are in discussions with the US Treasury and other regulators to see if spinning out TikTok and firewalling it from its Chinese parent would satisfy US concerns about the app, according to two people involved in the process.Last weekend, President Donald Trump’s election campaign placed ads on Facebook suggesting that TikTok was...…A group of US tech investors has launched an ambitious plan to buy TikTok from its Chinese owner, as the popular short-video app tries to escape being banned by the White House.The investors, led by the venture capital firms General Atlantic and Sequoia Capital, are in discussions with the US Treasury and other regulators to see if spinning out TikTok and firewalling it from its Chinese parent would satisfy US concerns about the app, according to two people involved in the process.Last weekend, President Donald Trump’s election campaign placed ads on Facebook suggesting that TikTok was...WW…
Nvidia buys ARM Holdings from SoftBank for $40 billion [Updated]
Update: SoftBank has agreed to sell Arm Holdings to US chip company Nvidia for $40 billion, ending four years of ownership as the Japanese technology group shifts towards becoming a global investment and asset management powerhouse.The UK chip designer is the latest large asset disposal orchestrated by SoftBank founder Masayoshi Son as his newly built war chest opens up options for the group including an expansion of trading into publicly listed technology stocks and a potential delisting of its own shares.Under the deal, SoftBank will become the largest shareholder in Nvidia, which will...…Update: SoftBank has agreed to sell Arm Holdings to US chip company Nvidia for $40 billion, ending four years of ownership as the Japanese technology group shifts towards becoming a global investment and asset management powerhouse.The UK chip designer is the latest large asset disposal orchestrated by SoftBank founder Masayoshi Son as his newly built war chest opens up options for the group including an expansion of trading into publicly listed technology stocks and a potential delisting of its own shares.Under the deal, SoftBank will become the largest shareholder in Nvidia, which will...WW…
Ukraine and Russia explore neutrality plan in peace talks
We useand other data for a number of reasons, such as keeping FT Sites reliable and secure,personalising content and ads, providing social media features and toanalyse how our Sites are used.Fifteen-point draft deal would involve Kyiv renouncing Nato ambitions in return for security guaranteesUkraine and Russia have made significant progress on a tentative peace plan including a ceasefire and Russian withdrawal if Kyiv declares neutrality and accepts limits on its armed forces, according to five people briefed on the talks.Ukrainian and Russian negotiators discussed the proposed deal in...…We useand other data for a number of reasons, such as keeping FT Sites reliable and secure,personalising content and ads, providing social media features and toanalyse how our Sites are used.Fifteen-point draft deal would involve Kyiv renouncing Nato ambitions in return for security guaranteesUkraine and Russia have made significant progress on a tentative peace plan including a ceasefire and Russian withdrawal if Kyiv declares neutrality and accepts limits on its armed forces, according to five people briefed on the talks.Ukrainian and Russian negotiators discussed the proposed deal in...WW…
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