SAN FRANCISCO (AP) — TikTok has signed a deal to form a new U.S. unit with three American investors — Oracle, Silver Lake and MGX — holding a majority stake. This ensures the popular social video platform can continue operating in the United States. The deal is expected to close on Jan. 22, according to…… MORE
SAO PAULO (AP) — Brazil’s President Lula da Silva hopes the Mercosur-EU free-trade deal will be signed in January, after it was delayed on Friday. Protests by European farmers and opposition from France and Italy have threatened the agreement, which has been in negotiation for over 26 years. EU officials had hoped to sign the…… MORE
Sony is taking control of the beloved comic strip Peanuts. The company is buying a 41% stake from Canadian owner WildBrain for $457 million. This deal, announced Friday, increases Sony’s shareholding to 80%. The Schulz family will continue to own the remaining 20%. Sony Music Entertainment’s President says they are excited to elevate the Peanuts…… MORE
NEW YORK (AP) — Stocks gained ground on Wall Street as AI stocks like Nvidia turned higher again. The S&P 500 rose 0.9% Friday, erasing its losses for the week. The Dow Jones Industrial Average added 183 points, or 0.4%, and the Nasdaq composite rose 1.3%. Oracle rose sharply after joining a new joint venture…… MORE
Associated Press: Officials say a man who is suspected in last weekend’s mass shooting at Brown University and in the fatal shooting of a Massachusetts Institute of Technology professor has been found dead in a New Hampshire storage facility. Providence Police Chief Col. Oscar Perez says 48-year-old Claudio Neves Valente was found dead Thursday from…… MORE