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Khaby Lame's $975 million deal is facing trouble as brokerages restrict trading in the stock tied to it. The TikTok star had planned to merge his company with Rich Sparkle Holdings so everyday investors could buy in, but uncertainty has sent the stock down over 90% since January.
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Khaby Lame's mysterious $975 million deal has hit a snag: Brokerages are restricting or blocking trading in the stock behind it.
The new facility in Lahti is part of TikTok’s €12 billion Project Clover data sovereignty push for European users. Finland’s defence ministry approved the first data centre investment in 2024 without informing elected politicians. A former minister publicly called for the project to be reconsidered. TikTok is investing €1 billion ($1.16 billion) to build a […]
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Three months after Australia became the first country in the world to ban children under 16 from holding social media accounts, its online safety regulator says the platforms are not doing enough to make the ban work. eSafety Commissioner Julie Inman Grant released her first compliance report on Tuesday, alleging that Facebook, Instagram, Snapchat, TikTok, […]