Star Entertainment Group—backed by Australian gambling billionaire Bruce Mathieson—is facing the risk of running out of cash as the embattled casino operator struggled to raise fresh capital amid slumping gaming revenues.
The president-elect’s latest venture into crypto comes just days before his inauguration.
President-elect Donald Trump has suggested he would delay the ban following his return to the White House.
Meanwhile, Snap is poised to capitalize, while other popular Chinese apps like RedNote may be newly scrutinized.
Synthesia helps companies like DuPont, Xerox and Spirit Airlines turn dry training manuals into videos with its AI avatars. It’s now valued at $2.1 billion after a new raise.
TikTok is difficult to value. Keeping those complications in mind, Forbes spoke with at least nine people and came up with these different scenarios.
Reports about Chinese officials eyeing Musk as the buyer of TikTok’s U.S. operations are “not a total shock” given Musk’s relationship with Trump, says Wedbush analyst Dan Ives.
Still up 25% since Election Day, bitcoin is a part of a major slump across asset classes in recent weeks.
Shares of Trump Media & Technology Group hit their highest intraday share price since Nov. 6, a week before Trump’s inauguration.
Oracle stock slumped as TikTok’s U.S. data host was affected by the prospect of a ban of the social media app, slicing $10 billion from Larry Ellison’s net worth.