The US President hinted that he is ready to make concessions on tariffs if China allows ByteDance to sell TikTok. The Trump administration is close to a deal with investors.
Amazon and OnlyFans founder Tim Stokely have expressed interest in acquiring TikTok as the deadline to find a buyer in the US approaches. This comes amid concerns about the app's ties to China.
US President Donald Trump said a deal with ByteDance to sell TikTok in the US, which is used by 170 million Americans, will be reached by Saturday. Blackstone may make a minority investment.
In 2024, no CEO in the US received a salary of $100 million. Executive compensation has increased, but no one has reached the $100 million mark.