All articles tagged with #us business
TikTok is restructuring its US operations into a joint venture with Oracle, Silver Lake, and MGX as managing investors, focusing on national security tasks while ByteDance retains control over key revenue-generating areas like e-commerce and advertising, with the new investors having limited influence over these core business lines.
Donald Trump's allies are planning to dismantle parts of the regulatory state established under the Biden-Harris administration, focusing on agencies like the SEC and CFTC. They aim to remove "woke" elements and return these agencies to their original consumer protection roles. A priority is to oust SEC Chair Gary Gensler, whom they view as overly progressive, particularly for his climate disclosure policies and crypto crackdown. Trump's team is prepared to take drastic measures to achieve this, including public campaigns against Gensler.