
During his first term, President-elect Donald Trump sought to put TikTok out of business. Four years later, he is vowing to save the viral video app as it quickly approaches a January deadline that could have the service banned in the U.S. While TikTok finds itself in a thorny spot in Washington, one possible way out is being increasingly discussed by longtime TikTok watchers: Trump extending the app's January divest-or-be-banned date and then leaning into his dealmaker image by attempting to broker a agreement for TikTok to be sold off. But according to analysts who study TikTok's battle with Washington, both the Chinese government and TikTok's Beijing-based owner ByteDance could be warming up to the idea of TikTok becoming majority-owned by an American company, or a group of U.S. investors. Experts told NPR that if China can extract some tariff concessions alongside a possible TikTok deal, officials there could become more receptive to a sale, something Beijing has long resisted. From TikTok crackdown to TikTok savior In his first term, Trump signed executive orders aimed at shutting down TikTok on national security grounds over its ties to China, but those efforts were blocked by federal courts. Now, Trump has changed his tune. Trump started telegraphing his about-face on TikTok back in March. In one post on his social media platform Truth Social, Trump wrote that outlawing the Chinese-owned video-streaming app would be a gift to Meta's Facebook. He called Facebook "a true Enemy of the People!" for "cheating" in the last election — a claim that has not been proven. Then in June, Trump's campaign joined TikTok in an apparent effort to connect with younger voters. Multiple reports have tied Trump's change of heart on TikTok to an effort to court billionaire Republican donor Jeff Yass, whose investment company, Susquehanna International Group, has a large stake in ByteDance , TikTok's Beijing-based owner. While Yass never publicly endorsed Trump, he funneled millions into groups including the super PAC Club for Growth that backed conservative policies in the 2024 election. A request for comment attempting to reach Yass through Susquehanna International Group was not returned. The Trump transition team did not return a request for comment about Yass, nor about any potential TikTok sale. In a March interview with CNBC, Trump said Yass had not brought up TikTok with him. A spokesman for TikTok referred NPR to a legal filing in its pending case against the Biden administration arguing that fully divesting from ByteDance is "not commercial, not technically, not legally" possible. Current and former members of the intelligence community in Washington view the Chinese Communist Party's potential influence over TikTok as a national security risk. "As long as TikTok is controlled by an entity under the jurisdiction of the CCP, it's not great for Americans," said Megan Stifel, the former director of international cyber policy on the National Security Council under President Obama. "TikTok should be viewed in terms of how it can be leveraged for untoward intentions and part of a broader canvass of data the CCP is constantly collecting." All eyes on outcome of TikTok legal battle over its fate ByteDance's ownership of TikTok has led to a bipartisan movement against it, with lawmakers and national security officials fearful that China could one day use the app to spread disinformation or to conduct mass surveillance. A federal law Congress passed in April stipulates that TikTok be banned by Jan. 19 unless ByteDance fully divests from it. The next day, Trump is set to be sworn into office. The ban, however, is not expected to take effect instantly. The law forces app stores controlled by Apple and Google to remove TikTok. It also makes it illegal for web-hosting services to support TikTok. The enactment and enforcement of these provisions could be delayed by the pending litigation or Trump taking action. Looming over all the talks about a possible TikTok sale is a court battle over the legality of the law. A panel of three judges from the U.S. Court of Appeals for the D.C. Circuit heard arguments in September from the Justice Department and lawyers for TikTok over whether the law is constitutional. The Justice Department argued that the divest-or-ban law is justified because Americans' data and views cannot be potentially vulnerable to decisions made by China, a foreign adversary of the U.S. But attorneys for TikTok say banning the app violates the free speech of millions of Americans, some of whom turn to the service to express their political views. Lawyers from both sides have asked the judges to make a decision by Dec.6. There could be a drawn-out appeals process. Either party can ask for an "en banc" review of the case, which means the case would be re-argued before all 11 judges on the D.C. appeals court. And from there, the matter can be appealed to the Supreme Court. But if the court overturns the law, the Trump administration may decide not to appeal, in line with the president-elect's new view that TikTok should not be banned. TikTok sale as possible trade bargaining chip? If the law is ultimately upheld, Trump may try to strike a deal that would spin the app off, and that agreement might become part of much larger trade discussions with China, according to Daniel Lyons, law professor at Boston College who specializes in internet law. "In his mind, it might be 'What are the benefits of a win on TikTok versus the cost of trade concessions?" Lyons said. James Lewis, a former diplomat now at the Center for Strategic and International Studies, agreed that Chinese officials could entertain a sale if it becomes part of the larger trade debate. "If ByteDance can stay a passive owner, if the Chinese have some sort of degree of control over the algorithm, and TikTok can operate in the places it's allowed to operate now, it might be enough for them to swallow," he said. That's a lot of "ifs." It's unclear if the incoming Trump administration would allow for a sale in which ByteDance stayed a minority owner. And past proposals, including a pitch earlier this year from former Treasury Secretary Steve Mnuchin to organize a group of investors to purchase TikTok without the recommendation algorithm that determines what people see on the app, have drawn deep skepticism from technologists, who point out that it's one of the app's most valuable assets. Still, China experts say Beijing may view a TikTok deal as leverage in trying to tamp down some of Trump's promised steep tariffs against the country. (On the campaign trail, Trump said he'd levy 60% percent tariffs on Chinese imports. In social media posts on Monday, he said it would be 10% .) "TikTok may be a bargaining chip both for the Chinese and the Trump administration when it comes to discussions around tariffs," said Emile Dirks, research associate at the University of Toronto's Citizen Lab who studies Chinese politics. "The question is what kind of relationship does the U.S. want to have with China? What kind of Chinese state influence, or Chinese corporate influence, is the country willing to accept?" While possible bidders, and TikTok's price tag, remain unknown, a surprise partnership between software giant Oracle and Walmart teamed up back in 2020 in a failed attempt to take over TikTok . Despite support from Trump, the deal fell through, as TikTok piled up victories in court and China opposed any sale. Experts say if bidders are sought, another joint corporate proposal is likely, given how expensive TikTok could be to buy. ByteDance has valued itself at $300 billion, making it the most-valuable private startup in the world. That's roughly double the worth of ChatGPT maker OpenAI. "I think there are people who are hoping for Trump to force a fire sale for TikTok and get it at a lower price," said Lewis, adding that "there will be a lot of China hawks in the administration who will be reluctant to give up much ground on TikTok." Best predictor of what will happen? Ask the Magic 8 Ball With 170 million users in the U.S., TikTok is a cultural and economic force, and is one of the most influential social media apps among young Americans. If a sale doesn't pan out, other options TikTok watchers are speculating about include Congress repealing the law — which currently appears unlikely, according to those close to the talks. Trump could also instruct his attorney general not to enforce the law, giving the company some breathing room. And finally, Trump could bless a $2 billion effort to wall off U.S. data from Beijing, known as Project Texas, in which Austin-based software and cloud-computing company Oracle would monitor TikTok's data flows and audit the app's algorithm. The plan was rejected by the Biden administration for falling short of full ByteDance divestiture. "The best predictor of what the new administration's policies will be on TikTok," said Lewis with the Center for Strategic and International Studies, "remains the Magic 8 Ball." Copyright 2024 NPRAnalysts troubled by trend of internet, social media shutdowns in Africa
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POET Technologies Inc POET shares are trading lower Thursday after the company announced a $25 million public offering . What Happened: POET announced plans to complete a non-brokered public offering of 5 million units at a price of $5 per unit. Each unit will be comprised of one share of common stock and one-half of one common share purchase warrant. The warrants will be exercisable for five years to acquire one common share at a price of $6. The offering is expected to close on or about Dec. 19. POET said it anticipates gross proceeds of $25 million. The company expects to use any net proceeds for working capital and general corporate purposes. The offering comes just weeks after POET announced a $25 million registered direct offering . The company said at the time that it planned to use net proceeds from that offering for working capital related to POET’s recently announced plans to expand assembly operations into Malaysia. POET Technologies offers high-speed optical engines, light source products and custom optical modules to the AI systems market and to hyperscale data centers. See Also: Stocks Slip On Hot Inflation Data, Adobe Tumbles, Natural Gas Hits 1-Year High: What’s Driving Markets Thursday? POET Price Action: POET shares were down 9.25% at $4.36 at the time of publication Thursday, according to Benzinga Pro . Photo: courtesy of POET Technologies. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.King laughs at British comedian’s impression of Donald Trump at Royal VarietyJosh Allen’s creativity and Jameis Winston’s risk-taking produce statistical firsts in the NFL
A social worker in Manipur whose non-profit work was billed as a success story in helping youth and women in the border state affected by gun violence, has run into a huge controversy over his comments in a YouTube interview in which he was heard talking about the "need for escalating the Manipur crisis" in order to keep the demand for a separate administration "alive". Jamkhojang Misao (aka Misao Hejang Hangmi aka Hejang Misao), founder director of the Integrated Social And Institutional Development for Empowerment (InSIDE-North East), in an interview on the YouTube channel 'Nampi Media Jampilal' said the struggle for a separate land has been going on since his forefathers' time, and despite having multiple factions of insurgents with numerous different demands, all of them finally managed to agree on one issue - separate administration. "However, the separate administration movement has reduced now. We will not get this chance anymore, and such an opportunity will not come again. We should use this moment to create an even more chaotic situation, so that anyone who sees us will say we can never live together," Mr Misao said, referring to the Manipur ethnic violence between the Meitei community and over a dozen distinct tribes collectively known as Kuki, who are dominant in some hill areas of Manipur. He spoke in his dialect in the interview, which was translated and corroborated by three sources from the Kuki tribes for NDTV. "After the Manipur violence, the armed groups have come together on one demand. This is a work of God. But the Meiteis don't want to give us a separate administration. SoO groups also signed that Manipur territorial integrity won't be harmed. But God's plan seems to be about giving the Kukis a nation, and I feel it is there. If there was no violence, we would not have got a chance to demand a separate administration," Mr Misao said, referring to nearly two dozen Kuki-Zo militant groups that have signed the controversial suspension of operations (SoO) agreement, which lapsed in February this year . One of the clauses in the SoO agreement says Manipur's territorial integrity will not be touched. Calls to the phone numbers mentioned on InSIDE-North East's website went unanswered. He was among a group of people in the social service sector who was selected to meet former President Ram Nath Kovind in January 2020. He highlighted InSIDE-North East's 'Gun2Pen' programme -- among many other projects - which the non-profit said helped over 5,000 young people find the right path. "It's all God's work... this indicates God has a plan for us. The buffer zone is the evidence of the separation. Despite all these gains, and God's help, it seems we are unable to use the opportunity. The Meiteis started it, burnt our houses, killed our people, paraded women naked," said Mr Misao, who belongs to Any Kuki Tribe (AKT) that was added to the Scheduled Tribes' list in 2003. "If they have created the situation, how do we escalate it more and more, and keep it alive, then our demand will be seriously considered? Now, the separate administration demand's momentum is dying slowly. Even the Prime Minister in parliament says normalcy has come in Manipur. Schools are running, markets are running, government offices are also running, those who are going to grant us separate administration themselves say normalcy has returned," Mr Misao said in the interview. "Even if we don't agree with the claim by the government that normalcy has returned, New Delhi has already declared normalcy. So, in a place where there is normalcy, who is going to take up our issues? When the government in parliament says there is normalcy, we need to do something to show evidence that there is no normalcy. That's what's required," Mr Misao said. Information on the central government's non-profit organisation (NPO) database 'Darpan' shows Mr Misao registered the Integrated Social And Institutional Development for Empowerment in February 2013 in Manipur's Kangpokpi district. The public database contains unique identity numbers of NPOs. This unique ID number is mandatory if an NPO wants to take funds from government departments and ministries. Mr Misao's NPO has been allotted a unique identity number - MN/2017/0177675 - which it can use to apply for grants from government departments and ministries. "It is unfortunate that we are unable to take advantage of the situation. Whether armed groups or civil society groups or individuals, we have to introspect, take a look at the situation again as there is no complete normalcy yet. The world should know there will be no peace in Manipur without a solution. For leaders of the world and India to see, we have to do something so that they will know that Manipur needs a solution for peace," the social worker from Kangpokpi district said. He blamed leaders for the weakening of the resolve to demand a separate administration. "... If God has shown us the path, the leaders should have guided the public forward... There was a guy in Nagaland, C Singson, who asked the Indian interlocutor in Bangkok during the Naga talks, why is the Kuki issue never brought up? "The Indian interlocutor replied Kukis have never been an issue, and there is nothing to discuss about them. However, the Meiteis have with their actions against the Kukis, who never really had any grievances, have created a situation which has made the Indian government realise the Kukis have an issue. "Not only the Indian government, the whole world has now recognised the Kukis' problem. That problem has to be escalated more and more. If that problem is not escalated, then the demand we are putting forward is not politically strong and reasonable. The Meiteis have made us politically strong. But today, we don't know how to take it forward. That's very unfortunate," Mr Misao said. There are many villages of the Kuki tribes in the hills surrounding the Meitei-dominated valley. The clashes between the Meiteis and the Kuki tribes have killed over 250 people and internally displaced nearly 50,000. The general category Meiteis want to be included under the Scheduled Tribes category. The Kukis who share ethnic ties with people in neighbouring Myanmar's Chin State and Mizoram want a separate administration carved out of Manipur, citing discrimination and unequal share of resources and power with the Meiteis.
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NASHVILLE, Tenn. (AP) — Tennessee Titans coach Brian Callahan said Wednesday that wide receiver Treylon Burks, who's been on injured reserve since mid-October with an injured knee, recently had surgery to fix a partially torn ACL. Read this article for free: Already have an account? To continue reading, please subscribe: * NASHVILLE, Tenn. (AP) — Tennessee Titans coach Brian Callahan said Wednesday that wide receiver Treylon Burks, who's been on injured reserve since mid-October with an injured knee, recently had surgery to fix a partially torn ACL. Read unlimited articles for free today: Already have an account? NASHVILLE, Tenn. (AP) — Tennessee Titans coach Brian Callahan said Wednesday that wide receiver Treylon Burks, who’s been on injured reserve since mid-October with an injured knee, recently had surgery to fix a partially torn ACL. “It was a loose ACL that wasn’t fully torn, and so they had to go see a specialist, so some weeks went by after he went on IR and he eventually had to have ACL surgery,” Callahan said. “The surgery was a couple of weeks back, and the time from when he went to IR until he had the surgery was also a couple of weeks.” Burks was hurt in practice the week after the Titans lost to Indianapolis on Oct. 13 and placed on injured reserve on Oct. 19. The 2022 first-round pick is no stranger to injuries. He suffered concussions in both 2022 against Philadelphia and last year against Pittsburgh. Burks missed six games in each of his first two seasons with the Titans and played in just five games this season before being placed on injured reserve. He finished 2024 with four receptions for 34 yards. For his three NFL seasons, Burks has 53 receptions for 699 yards and one touchdown catch. The Titans (3-9) host Jacksonville (2-10) on Sunday. Window opened The Titans opened the three-week practice window for offensive tackle Jaelyn Duncan to return from injured reserve. Duncan has started two games, the second against Buffalo on Oct. 20 at right tackle and lasted four snaps before hurting his hamstring. He was placed on injured reserve Oct. 26. Winnipeg Jets Game Days On Winnipeg Jets game days, hockey writers Mike McIntyre and Ken Wiebe send news, notes and quotes from the morning skate, as well as injury updates and lineup decisions. Arrives a few hours prior to puck drop. ___ AP NFL: https://apnews.com/hub/nfl Advertisement Advertisement
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