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TikTok Reportedly Agrees To Sell US Operations After Years Of Pressure: What To Know TikTok Reportedly Agrees To Sell US Operations After Years Of Pressure: What To Know
TikTok Reportedly Agrees To Sell US Operations After Years Of Pressure: What To Know TikTok has agreed to give control of its US operations to a new joint venture led by billionaire Larry Ellison and a tech company owned by the United Arab Emirates. According to internal TikTok memos, the widely popular video app's US entity will be transferred to Oracle, private equity firm Silver Lake, and Abu Dhabi-backed artificial intelligence firm MGX. Axios first reported the sale's details on Thursday, Dec. 18. The three buyers will own TikTok's US operations under a new company called TikTok USDS Joint Venture LLC. The sale is expected to end a yearslong saga over purported&nb…

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by Chris Spiker
News
Stewart, Letterman Blast Paramount's 'Late Show' Cancellation: 'Can't Spell CBS Without BS' Stewart, Letterman Blast Paramount's 'Late Show' Cancellation: 'Can't Spell CBS Without BS'
Stewart, Letterman Blast Paramount's 'Late Show' Cancellation: 'Can't Spell CBS Without BS' The first host of CBS's "Late Show" and Stephen Colbert's comedy mentor are slamming the network's decision to cancel its iconic late-night program. The move by CBS to end The Late Show after 33 years has been widely criticized as politically motivated due to Paramount's $16 million settlement with President Donald Trump. The parent company settled with Trump over his claims that "60 Minutes" deceptively edited an interview with former Vice President Kamala Harris before the 2024 election, despite many legal experts calling the lawsuit frivolous. Before Colbert hosted The Late Show, comedia…

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by Chris Spiker
Business
TikTok Ban Delayed Again Despite Doubts About Trump's Legal Power: Reports TikTok Ban Delayed Again Despite Doubts About Trump's Legal Power: Reports
TikTok Ban Delayed Again Despite Doubts About Trump's Legal Power: Reports TikTok will reportedly stay available in the US for at least three more months despite legal questions surrounding President Donald Trump's authority to keep delaying enforcement of the ban. White House press secretary Karoline Leavitt said Trump will sign an executive order to extend a pause on the ban for 90 more days, CNBC reported. An extension would push the Thursday, June 19, deadline to Wednesday, Sept. 17. The divest-or-ban bill became law in April 2024. The ban's enforcement has been postponed for a third time under Trump, who once advocated for banning the popular video app. The …

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by Chris Spiker
News
Towson Alum Leaves '60 Minutes' Top Producer Role Amid Trump's $10B Lawsuit: Report Towson Alum Leaves '60 Minutes' Top Producer Role Amid Trump's $10B Lawsuit: Report
Towson Alum Leaves '60 Minutes' Top Producer Role Amid Trump's $10B Lawsuit: Report The executive producer of "60 Minutes" has resigned, saying he could no longer run the news program independently as the TV show is locked in a legal battle with President Donald Trump, according to reports. Bill Owens announced his resignation in a memo to staff on Tuesday, April 22, The New York Times reported. The Greenwich, Connecticut, resident has worked at CBS News for 34 years. A native of Oyster Bay, New York, Owens is just the third executive producer in the news magazine show's 57-year run. Since 2019, he has led the nation's No. 1 news program through landmark int…

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by Chris Spiker