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 Apple has sent out invites to select creators for an "Apple Experience" in Los Angeles, California, scheduled for January 27 to 29. The event has sparked speculation that Apple will also announce new MacBook Pro models with M5 Pro and M5 Max chips.
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TikTok has finalized the deal for its US entity, with its parent company ByteDance selling majority of its stake to a group of non-Chinese investors. The deal was closed just before the Trump Administration's latest deadline, banning the app in the US unless it was divested from ByteDance, which will only retain 20 percent of the new entity. TikTok's investors will own 80 percent, with Oracle, Silver Lake and MGX, an Emirati-state owned investment firm, taking 15 percent each. Other investors include the investment firm of Dell's CEO.
The terms of the deal were first leaked last month, after TikTok CEO Shou Chew reportedly told employees in a memo that TikTok and ByteDance had agreed to a group of investors. This ends a lengthy saga and months of slow progress as the agreement was being worked out, ensuring that the app will remain available in the US after years of being on the verge of a ban in the country.
According to TikTok's announcement, the joint venture will protect American users' data with Oracle's secure US cloud environment. It will also retrain TikTok's algorithm on US users' data and will be in charge of content moderation in the US. The entity promises interoperability, as well, promising that users will
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