News

TikTok’s unexpected ally: How Donald Trump may be its lifeline

Published

12 months ago

November 13, 2024

Ahron Young

After facing a potential ban, TikTok might find unexpected support from former President Trump as he returns to the White House.

After a year marked by a fierce legal battle and national security concerns, TikTok may find itself saved by the very man who once fought to ban it in the United States:

Donald Trump. Now President-elect, Trump had previously attempted to prohibit the social media giant during his last term, citing security risks associated with its Chinese parent company, ByteDance.

However, his stance has shifted, and he’s now promising to oppose a ban on TikTok—a move he repeatedly pledged on the campaign trail.

January deadline

ByteDance, embroiled in a court case with the U.S. government, faces a January 19 deadline to divest its U.S. operations, as stipulated by a law signed by President Biden.

Attorneys have requested a ruling by December 6, with potential appeals dragging the decision into Trump’s first 100 days.

The Supreme Court, with its conservative lean, may ultimately be involved if the case continues to escalate.

As TikTok awaits a ruling, its future in the U.S. market may now hinge on Trump’s unexpected support—a striking turnaround for a platform he once opposed.

News

Oil prices drop amid OPEC+ output increase plans

Oil prices continue to decline amid OPEC+ output hike plans and U.S. sanctions on Russian oil companies

Published

12 hours ago

October 28, 2025

Ahron Young

Oil prices continue to decline amid OPEC+ output hike plans and U.S. sanctions on Russian oil companies

In Short:
– Oil prices declined for three days due to OPEC+ production plans and U.S. sanctions on Russia.
– Eight OPEC+ nations may approve a 137,000 barrels per day output increase for December.

Oil prices fell for the third consecutive day as traders assessed OPEC+ plans to increase production amid pressures from U.S. sanctions on Russia and optimism regarding U.S.-China trade talks.Brent crude futures dropped to $65.43 per barrel, down 0.28%, while West Texas Intermediate crude fell to $61.25 per barrel, a decline of 0.10%.

Market concerns about potential oversupply are influencing this sustained weakness as OPEC+ prepares for another production increase.

Eight OPEC+ nations are reportedly leaning towards approving a modest output increase of around 137,000 barrels per day for December. The decision, driven by Saudi Arabia’s desire to regain market share, reflects ongoing efforts to adjust production after years of cuts to support prices.

Since April, OPEC+ has raised production targets by over 2.7 million barrels per day, nearly halving the previous cumulative cuts agreed upon.

Industry analysts note that additional supply from OPEC+ has contributed to a five-month low in oil prices due to concerns about a developing glut.

Market Uncertainty

The oil market faces ongoing uncertainty from U.S. sanctions placed on Russia’s largest oil companies, Rosneft and Lukoil. These sanctions aim to increase pressure on Russia’s energy sector, further complicating the market situation.

Major oil buyers, including state-owned Chinese companies, have started suspending Russian oil purchases, indicating potential disruptions to the market.

News

Marketers struggle to find right creative partners

80% of marketers pitch agencies, but finding the right creative partner is increasingly challenging; AI may offer solutions.

Published

23 hours ago

October 28, 2025

ticker NEWS

80% of marketers pitch agencies, but finding the right creative partner is increasingly challenging; AI may offer solutions.

A new report reveals that while 80% of marketers now run their own agency pitches, many admit the search for the perfect creative partner is tougher than ever.

Darren Woolley from TrinityP3 explains what’s driving the shift and how AI could help.

#Marketing #Advertising #Agencies #BrandStrategy #AI #TrinityP3 #CreativeIndustry #DarrenWoolley #Pitching #Media #Business

News

Trump royally welcomed to Japan

Trump’s Asia tour launches in Japan with investment pledges, heading to South Korea for a trade truce with China.

Published

23 hours ago

October 28, 2025

ticker NEWS

Trump’s Asia tour launches in Japan with investment pledges, heading to South Korea for a trade truce with China.

President Trump’s Asia tour begins with a warm welcome in Japan and major investment pledges, as he heads to South Korea aiming to secure a trade war truce with China.

#Trump #Asia #Japan #SouthKorea #China #Trade #XiJinping #Diplomacy #WhiteHouse #USPolitics #GlobalTrade