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MrBeast joins bid to acquire TikTok's US operations amid uncertainty
YouTube star MrBeast, alongside tech entrepreneur Jesse Tinsley, has made an all-cash bid to acquire TikTok's US operations, amid ongoing uncertainty about the app's future in the country. Former President Trump expressed openness to bids from tech billionaires, valuing TikTok at $1 trillion. The app briefly shut down due to regulatory pressures but was reinstated after Trump suspended enforcement of a law requiring its sale.
trump administration prioritizes crypto industry in upcoming regulatory appointments
President-elect Donald Trump is consulting the crypto industry on his selection for the new SEC chair, with top contenders including Paul Atkins and Brian Brooks. As he prepares to overhaul SEC leadership, Trump has pledged to support the crypto sector, promising to create a favorable regulatory environment and appoint a crypto czar to guide policy. The crypto industry anticipates a significant shift in regulatory dynamics following the resignation of current SEC chair Gary Gensler.
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