The clock ticking for TikTok, a social network with 170 million users in America and revenue of $12 billion last year. Trump extends the deadline for its sale amid a chaotic auction. Despite the rally, Apple facing a trade-war nightmare while Hermès defying the luxury slump. The bizarre sale process of TikTok gets even weirder as tariffs threaten to send costs soaring. Amazon’s $20 billion push into orbit targets SpaceX and China, while biohacking in the office becomes a trend. Does every business really need a cash pile like Warren Buffett’s?
The White House is in a frenzy trying to sell off TikTok, a social network owned by the Chinese with a massive American user base. Trump decided to give them another 75 days to find a non-Chinese buyer before facing a ban. It’s like a game of hot potato, but with a social network. Meanwhile, Apple is sweating bullets over the trade war situation, and Hermès is sitting pretty, defying all odds in the luxury market. Who knew selling a social network could be so complicated, right?
As if things couldn’t get any weirder, the sale process for TikTok has taken a bizarre turn. With tariffs looming, costs are expected to skyrocket, leaving many wondering which firms will raise their prices to compensate. Amazon, on the other hand, is making a bold move with a $20 billion investment in space, aiming directly at SpaceX and China. And if that wasn’t strange enough, biohacking is now a thing in the office. Not really sure why this matters, but it seems like everyone is jumping on the trend. And the big question remains: does every business really need a cash pile like Warren Buffett’s? Maybe it’s just me, but I feel like we’re all trying to figure that out as we go along.
