Money

Trump’s ransom: new details of ex Huawei exec’s freedom bid

Published

4 years ago

August 10, 2021

William Howard

Former US President Donald Trump allegedly asked for a “ransom” for the release of former Huawei executive, Meng Wanzhou

It comes as Meng Wanzhou’s head lawyer summarised the alleged abuses encountered by the executive throughout an extradition case that started almost 3 years ago.

The lawyer says the whole case was “anti-ethical to Canadian values” and rule of law… and Trump’s abuse of power throughout the entire matter was so bad, the case should be scrapped altogether.

Canadian lawyers who are appearing in the interest of US authorities who want Meng Wanzhou transferred to America say the former exec has failed to justify any reasons to stay in Canada.

The US wants Meng Wanzhou to face trial in New York over allegations she defrauded HSBC by lying about Huawei’s dealings in Iran

These actions by the company put the bank at risk of breaching government sanctions that have been imposed on Tehran.

Meng’s lawyers are pushing to have the charges dropped, claiming she suffered an abuse of process and that the entire case has been “politically tainted” by former President Trump.

They also claim Meng’s Canadian Charter rights were breached.

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William Howard

William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

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Money

Tesla brand value plummets amid Elon Musk’s political focus

Tesla’s brand value plummeted to $27.61 billion in 2025 amid Musk’s political shift, sparking investor concern.

Published

1 day ago

January 28, 2026

Harvey Vargas

Tesla’s brand value plummeted to $27.61 billion in 2025 amid Musk’s political shift, sparking investor concern.

Tesla’s brand value plummeted by $15.4 billion in 2025, falling to $27.61 billion from $66.2 billion in early 2023. Analysts say Elon Musk’s political focus and a slowdown in new models have distracted the company’s core business.

In the U.S., Tesla’s recommendation score sank to just 4 out of 10, down from 8.2 in 2023. Despite this, loyalty among existing owners remains high at 92 per cent, showing a strong but shrinking fan base.

#TeslaNews #ElonMusk #BrandValue

Money

S&P 500 and Nasdaq rally ahead of Fed meeting and earnings

S&P 500 and Nasdaq rise for fourth session as investors await earnings and Fed meeting, marking longest gain since December.

Published

2 days ago

January 27, 2026

Harvey Vargas

S&P 500 and Nasdaq rise for fourth session as investors await earnings and Fed meeting, marking longest gain since December.

The S&P 500 and Nasdaq have climbed for the fourth consecutive session as investors brace for upcoming earnings reports and a Federal Reserve meeting.

Both indexes reached their highest levels in over a week, marking the longest series of gains since December.

#StockMarket #SP500 #Nasdaq #TechStocks

Money

U.S. and China approve TikTok sale to American investors

US and China approve TikTok’s sale to Oracle and Silver Lake amid regulatory scrutiny, with ByteDance retaining 20%.

Published

6 days ago

January 23, 2026

Harvey Vargas

US and China approve TikTok’s sale to Oracle and Silver Lake amid regulatory scrutiny, with ByteDance retaining 20%.

The United States and China have officially approved a deal for TikTok’s US operations to be sold to American investors, led by Oracle and Silver Lake.

This marks a major shift in the social media landscape as the platform navigates increasing regulatory scrutiny.

Under the new agreement, ByteDance will retain just under 20% of TikTok US, while Oracle and Silver Lake will each take 15% stakes. Other investors will also participate, forming a structure designed to satisfy both commercial and regulatory demands.

The new US-based entity will have a majority American board tasked with overseeing data protection and content moderation. Despite these safeguards, concerns remain about ByteDance’s influence and whether the deal fully complies with recent legislation.

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#TikTokSale #USChinaDeal #Oracle #SilverLake #ByteDance #TechNews #SocialMedia #DataProtection