Trump says he’d have to hold ‘fire sale’ of properties to meet $464M bond
Former President Trump on Tuesday said he would take extreme measures, including selling some of his properties at cheap “fire sale” prices, in order to pay his $464 million bail next week in a New York civil fraud case. I insisted that I have to take it. President Trump objected to having to post bail […]
Super Micro Computer Shares Dive On Planned Stock Sale – Investor's Business Daily
super microcomputer (SMCI) shares plunged Tuesday after the data center specialist announced an initial public offering. X The San Jose, California-based company announced it will sell an additional 2 million shares of its common stock, bringing the total number of outstanding shares to more than 58.5 million. “The primary purpose of this offering is to […]
Major TikTok sale could ‘absolutely’ come before 2024 election, House committee leader says
A forced sale of social media app TikTok, which U.S. intelligence officials have deemed a national security risk, could occur before the November 2024 presidential election, House China Committee leaders said Sunday. stated. House China Select Committee Chairman Mike Gallagher (R-Wis.) and Ranking Member Rep. Raja Krishnamoorthy (D-Ill.) spoke out after the House passed a […]
ByteDance Opposes Profitable TikTok Sale Because China Wants Control, ‘Give It Up’ if We Can’t Pass Bill
On Saturday’s broadcast of Fox News Channel’s “Fox & Friends,” Peter Schweitzer, GAI chairman and Breitbart News senior contributor, said: Blood Money: Why those in power turn a blind eye while China kills Americanssaid ByteDance would stand to profit from the sale of TikTok if the House TikTok bill passes, and that they oppose the […]
HashiCorp shares jump on report that company is considering a sale – CNBC
HashiCorp on Nasdaq Market Site, December 9, 2021. Source: Nasdaq Hashicorp shares rose 12% in after-hours trading on Friday after Bloomberg reported that the software developer was considering a sale. Bloomberg, citing unnamed sources, said the company has contracted with an outside firm to gauge interest from potential buyers. A company representative did not immediately […]
TikTok’s US revenue hit $16B as potential forced sale looms: report
TikTok’s U.S. revenue reportedly reached a whopping $16 billion last year, and the suitors have become interested as the House of Representatives passed a bill that would mandate a total ban on Chinese-owned apps if they don’t sell within six months. The potential price of investors rose further. Astronomical sales in the US are the […]
Chuck Schumer facing intense pressure as House overwhelmingly passes bill to force TikTok sale
Senate Majority Leader Chuck Schumer (D-N.Y.) is under intense pressure to hold a vote on TikTok’s future in the coming days after House members overwhelmingly voted to pass the bipartisan bill. However, this bill could lead to a complete ban on popular Chinese-owned video sharing. app, sources told the Post. Schumer has not yet said […]
What’s at stake for TikTok as Congress moves to force a sale
A closely watched House vote on Wednesday passed legislation that poses the biggest threat to date to TikTok’s presence on the roughly 170 million mobile phones in the United States. The bill in question would ban TikTok in the U.S. unless it sells its U.S. operations within six months, and passed last week in the […]
Potential TikTok sale has Wall Street buzzing as incendiary House bill gains support
Wall Street is buzzing with talk of selling TikTok as Congress passes a bombshell bill that would require it to be sold to its China-based owners, but tech insiders say such a deal would face tough hurdles. says video app users should be prepared for the possibility. Shut down instead. Last week, bankers voted 50-0 […]
Russell Wilson, Ciara now have two mansions up for sale
Russell Wilson seems to be carrying the burden of two divorces in his career. The soon-to-be free agent quarterback and his wife, Ciara, are selling their $25 million mansion in Denver after Wilson was released by the Broncos on Monday. According to the Daily Mail. Separately, the couple has yet to sell another home in […]