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TikTok closes deal to split US app from global business: What to know
Suranjana Tewari,Asia Business Correspondentand Lily Jamali,North America Technology Correspondent VCG via Getty Images TikTok announced on Thursday that it has finalised a deal that will allow the hugely popular short-video app to continue operating in the US. The deal comes after a years-long tussle between Washington and Beijing that began in Trump’s first term in…
Abu Dhabis Adnoc in deal talks over oil refinery at centre of US sanctions
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. United Arab Emirates state energy company Adnoc has emerged as the frontrunner to buy Russia’s controlling stake in Serbia’s sole oil refinery, as Belgrade grows increasingly frustrated with Moscow’s foot-dragging under US sanctions. Adnoc, or…
French tech giant Capgemini to sell US subsidiary working for ICE
Criticism of ICE practices has intensified in recent weeks since the shooting of 37-year-old Pretti, the second fatal shooting of a US citizen since immigration agents began surging several cities across the US, acting on the Trump administration’s drive to increase deportations of illegal immigrants.
Imgur blocks access to UK users after proposed regulatory fine
Image-hosting platform Imgur has blocked people in the UK from accessing its content. Imgur is used by millions to make and share images such as memes across the web, particularly on Reddit and in online forums. But UK users trying to access Imgur on Tuesday were met with an error message saying “content not available…
Tech billionaires seem to be doom prepping. Should we be worried?
Zoe KleinmanTechnology editor BBC Mark Zuckerberg is said to have started work on Koolau Ranch, his sprawling 1,400-acre compound on the Hawaiian island of Kauai, as far back as 2014. It is set to include a shelter, complete with its own energy and food supplies, though the carpenters and electricians working on the site were…
