Saturday, July 26, 2025

Creating liberating content

For decades, scientists believed the universe would expand forever, driven

MUMBAI: There is no proposal to allow corporates – either

MUMBAI: Bank of Baroda reported a muted 1.9% rise in

Related News

While treatment costs in India are low, so are the medical insurance premiums. (AI image) New Delhi: Low medical insurance premiums, affordable treatment costs and high quality healthcare facilities at

For decades, scientists believed the universe would expand forever, driven endlessly outward by a mysterious force known as dark energy. But a new study has upended that view with a

MUMBAI: There is no proposal to allow corporates – either directly or through NBFCs – to obtain banking licences, RBI governor Sanjay Malhotra said on Friday, citing “an inherent conflict

MUMBAI: Bank of Baroda reported a muted 1.9% rise in net profit for the June quarter, as dip in net interest income and higher provisions offset gains from strong growth

MUMBAI: SBI Cards reported a 6.4% decline in net profit to Rs. 556 crore for the June quarter, compared with Rs. 594 crore a year earlier, as higher impairment losses

MUMBAI: RBI governor Sanjay Malhotra on Friday flagged the need for a sustainable financial model to support the rapid growth of UPI and ensure long-term viability of the digital payments

Trending News

While treatment costs in India are low, so are the medical insurance premiums. (AI image) New Delhi: Low medical insurance premiums, affordable treatment costs and high quality healthcare facilities at

MUMBAI: There is no proposal to allow corporates – either directly or through NBFCs – to obtain banking licences, RBI governor Sanjay Malhotra said on Friday, citing “an inherent conflict

MUMBAI: SBI Cards reported a 6.4% decline in net profit to Rs. 556 crore for the June quarter, compared with Rs. 594 crore a year earlier, as higher impairment losses

This is a representative AI image (Pic credit: Lexica) NEW DELHI: Scotch and British gin makers may have been successful in gaining lower duty access to the Indian market, but

BENGALURU: Bengaluru-based Yali Capital closed its debut deep tech-focused fund at Rs 893 crore, exceeding its original Rs 500 crore target and Rs 310 crore greenshoe option. The Sebi-registered Category

BENGALURU: US household goods manufacturer Clorox sued Cognizant for $380 million, alleging that the latter’s service desk granted access to cybercriminals to Clorox’s network by providing login credentials without properly

Lutnick says TikTok will go dark if China won’t agree to U.S. control

Word Count: 278 | Estimated Reading Time: 2 minutes


U.S. Commerce Secretary Howard Lutnick answers questions during a television interview at the White House on June 11, 2025 in Washington, DC.

Win Mcnamee | Getty Images

Commerce Secretary Howard Lutnick said Thursday that TikTok will go dark for Americans unless China agrees to give the U.S. more control over the popular short-form video app.

“We’ve made the decision. You can’t have Chinese control and have something on 100 million American phones,” Lutnick told CNBC’s “Squawk on the Street” on Thursday.

TikTok’s future in the U.S. has been uncertain since 2024, when Congress passed a bill that would ban the platform unless its Chinese owner, ByteDance, divested from it.

Lawmakers had grown concerned that the Chinese government could access sensitive data from American users or manipulate content on the platform.

Deal talks have dragged.

Last month, President Donald Trump extended the deadline for a third time since taking office in January. Now, ByteDance has until Sept. 17. to divest TikTok’s U.S. business.

“Basically, Americans will have control. Americans will own the technology. Americans will control the algorithm. That’s something Donald Trump is willing to do,” Lutnick said.

He added that if China doesn’t approve the deal, “then TikTok is going to go dark.”

It’s not clear where deal talks stand. Trump told Fox News in an interview late last month that he has a group of “very wealthy people” ready to buy the platform.

Earlier this month, the private equity firm Blackstone pulled out of a consortium bid for TikTok’s U.S. operations, according to a report from Reuters.

WATCH: Howard Lutnick on TikTok: App will go dark if China won’t agree to U.S. control

Howard Lutnick on TikTok: App will go dark if China won't agree to U.S. control



Source link

Most Popular Articles

Sign In

Welcome ! Log into Your Account