Bessent Says US China Trade Deal Is Closing On

September 16, 2025

Catenaa, Tuesday, September 16, 2025- US Treasury Secretary Scott Bessent said on Tuesday that he is confident a trade deal with China is near, as the two nations continue discussions on Spain.  With reciprocal tariffs set to take effect in November, Bessent told reporters he expects further talks to happen before then. “Each one of […]

China Bans Tech Firms From Buying Nvidia AI Chips

September 17, 2025

Catenaa, Wednesday, September 17, 2025- China’s internet regulator has ordered top tech firms to halt purchases of Nvidia AI chips and cancel existing orders as part of a broader push to cut reliance on US technology. A report by The Financial Times on Wednesday stated that successive US administrations have restricted China’s access to advanced […]

Oracle Shares Surges On Possible Ownership Of Tiktok

September 16, 2025

Catenaa, Tuesday, September 16, 2025– Oracle shares are surging on Tuesday on a report that the software firm is among a consortium of companies that would let Chinese-owned TikTok continue operating in the US. According to CBS, which cited sources with knowledge of the negotiations, the final deal over TikTok will include multiple companies.  It […]

Trump And XI Set To Finalize TikTok Deal on Friday

September 19, 2025

Catenaa, Friday, September 19, 2025- US President Donald Trump and Chinese President Xi Jinping are set to finalize a deal on Friday that would sell most of the US assets of TikTok to American investors.   On Monday, US Treasury Secretary Scott Bessent and Li Chenggang, China’s vice minister of commerce, announced that a framework for […]

Trump Delays Sale Of TikTok For Third Time

June 17, 2025

Catenaa, Tuesday, June 17, 2025- US President Donald Trump said on Tuesday that he’ll likely extend the deadline for China-based ByteDance to sell off TikTok before it’s set to go dark on Thursday. Speaking to reporters on Air Force One, Trump said that he believes a deal to sell TikTok will eventually materialize and that […]

Zoop, Amazon & HBAR Bid to Acquire TikTok from ByteDance

April 4, 2025

Catenaa, Friday, April 04, 2025-OnlyFans founder Tim Stokely’s startup Zoop, Amazon and the HBAR Foundation have submitted a bid to acquire TikTok from ByteDance, Reuters reported Wednesday.  The bid was sent to the White House and President Donald Trump, according to Zoop co-CEO RJ Phillips. He said the move aims to reshape digital ownership, benefiting […]