The US TikTok deal, involving licensing its recommendation algorithm to American investors like Oracle, aims to make the app safer but may reduce its cultural relevance and personalization, potentially altering the platform's dynamic and user experience.
TikTok has signed an agreement to spin off its US assets into a new joint venture with American investors, including Oracle, Silver Lake, and MGX, moving closer to complying with US laws requiring ByteDance to divest US assets, with the deal expected to close by January 2026 pending regulatory approvals from both the US and China.
TikTok's U.S. operations will be sold to a consortium including Oracle, Silver Lake, and Abu Dhabi's investment fund, with the deal closing on January 22, 2026. The new joint venture will own 45% of TikTok USDS, with Oracle overseeing data protection and content moderation, ensuring U.S. control over user data and content policies.
AstraZeneca CEO Pascal Soriot successfully negotiated a significant US medicine deal with President Trump, which included lowering drug prices and establishing a US manufacturing plant, shielding the company from tariffs and boosting its US presence, amid broader US efforts to reduce drug costs and attract pharmaceutical investments.
Vice President JD Vance played a key role in helping Trump secure a TikTok deal, despite concerns over censorship and political risks, which Vance is likely to highlight as a major achievement.
President Trump indicated that Lachlan and Rupert Murdoch, along with other investors like Larry Ellison and Michael Dell, are likely to be involved in a deal to spin off TikTok's US operations, with Fox Corp and other firms in talks to back the US-focused company, which would be majority American-owned and controlled.
Iran and Russia are concerned about a US-brokered peace deal between Azerbaijan and Armenia, which includes a strategic corridor controlled by a US consortium, potentially shifting regional power dynamics and impacting Iran's access to the Black Sea and Europe. The deal signifies a decline in Russian influence and a move towards Western integration for Armenia, with implications for regional stability and geopolitics.
President Joe Biden blames his predecessor Donald Trump for undermining a US deal to fund Ukraine's war effort, alleging that Trump's actions weakened the country's defense capabilities. Biden's comments come amid escalating tensions between Russia and Ukraine, with the US and its allies expressing support for Ukraine's sovereignty.