Allthe Newz, New York, NY (2025)

01/15/2025

Tik Tok is poised to shut down its app for U.S. users this Sunday in anticipation of a federal ban, unless the Supreme Court intervenes.

Unlike the proposed law, which restricts only new downloads, TikTok's plan would block all access, directing users to a ban notification and offering them the option to download their personal data.

This action follows the current administration's mandate for ByteDance to sell its U.S. assets by January 2025 or face a nationwide prohibition. With over 170 million American users, TikTok already estimated that even if it was just month-long ban, the result would be one-third of its user base leaving the app.

01/15/2025

JUST IN: Consumer prices rose 2.9% in December compared to a year ago, ticking up from the previous month and extending a bout of inflation just days before President-elect Trump takes office. The reading matched economists' expectations.

The inflation reading in December marks an increase from year-over-year inflation of 2.7% in the month prior.

Inflation has slowed dramatically from a peak of more than 9% in June 2022, but price increases remain above the Fed's target rate of 2%.

Read more at link in bio.

01/15/2025

At Abu Dhabi Sustainability Week, UAE's Masdar introduced a $6 billion solar and battery facility designed to supply 1 gigawatt of uninterrupted power by 2027.

This ambitious project combines 5 gigawatts of solar power with a 19 GWh storage system spread across 90 square kilometers in the desert, aiming to tackle the challenge of fluctuating energy outputs.

With backing from entities like the Emirates Water and Electricity Company, this effort is poised to change how governments and industries perceive renewable energy's role in meeting baseload demands.

01/15/2025

Social media star MrBeast, whose real name is Jimmy Donaldson, is reportedly in talks to become a minority owner of TikTok if the platform's U.S. operations are sold. 💰📱

Sources told TMZ that investor groups interested in acquiring TikTok view MrBeast as a valuable partner to help grow the platform, given his unparalleled success on social media.

While discussions are still preliminary, the deal would involve MrBeast investing in the company and securing equity. However, the extent of his potential ownership stake remains unclear, and no formal agreements have been made.

MrBeast recently fueled speculation about his involvement when he posted on X, offering to buy Tik Tok to prevent it from being banned in the U.S. He later revealed that billionaires had contacted him regarding the platform's future.

Despite the ongoing conversations, TikTok's parent company, ByteDance, has not committed to selling the app's U.S. operations, even as a government deadline for a sale looms within the next week. The platform, with over 170 million American users, faces a potential ban over national security concerns if no resolution is reached.

01/15/2025

BREAKING: Impeached South Korean President Yoon Suk Yeol has been detained and is being taken to the country's Corruption Investigation Office for questioning.

The detention comes weeks after investigators first attempted to arrest the embattled politician over his short-lived declaration of martial law in December.

Read more at the link in bio.

01/15/2025

Donald Trump has announced the formation of the External Revenue Service, a new federal agency dedicated to collecting tariffs, duties, and other foreign revenues.

Set to launch on Inauguration Day, this initiative was created to consolidate responsibilities currently managed by the Commerce Department, U.S. Trade Representative, and Customs and Border Protection.

Trump plans significant tariff with the intent of ensuring other nations contribute their "fair share".

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01/15/2025

Elon Musk, Mark Zuckerberg, and Jeff Bezos are set to attend President-elect Donald Trump's inauguration.

Their presence at the event shows the potential impact of Trump's policies on their vast enterprises, including areas like artificial intelligence and space exploration.

01/15/2025

Forbes reports that Elon Musk may have to pay up to $50 billion to acquire Tik Tok's U.S. operations.

This potential deal arises as Chinese authorities consider a sale to avert a U.S. ban over national security concerns, and Elon Musk is being considered, according to Bloomberg.

Musk's established relationships with both the Chinese government and U.S. leadership could play a crucial role in facilitating this high-stakes acquisition.

are your thoughts?

01/15/2025

A study shows that tree chopping boosts testosterone levels by approximately 46% in men, exceeding the increases seen during competitive sports like soccer.

Conducted by UC Santa Barbara anthropologists and published in Evolution and Human Behavior, this research exemplifies testosterone's critical role in resource production.

01/14/2025

The Chinese government is considering a plan that would have Elon Musk acquire Tik Tok's U.S. operations to keep the app from being effectively banned, Bloomberg News reported Monday.

The contingency plan is one of several options China is exploring as the U.S. Supreme Court determines whether to uphold a law that calls for China-based ByteDance to divest TikTok's U.S. business by Jan. 19, the report said, citing anonymous sources. After that deadline, third-party internet service providers would be penalized for supporting Tik Tok's operations in the country.

Under the plan, Musk would oversee both X, which he currently owns, and TikTok's U.S. business, Bloomberg said. However, Chinese government officials haven't yet decided on whether it would proceed, the report said, noting the plan is still preliminary.

A Tik Tok spokesperson said in an email to CNBC, "We can't be expected to comment on pure fiction."

Read more on the report at the link in bio.

01/14/2025

A part of a missile reportedly fired from Yemen is lodged on the roof of a house in the Israeli village of Mevo Beitar west of Jerusalem.

Israel's military said it had tried several times to shoot down a missile fired from Yemen which sent sirens blaring across the centre of the country.

link in bio.

01/14/2025

Former UCLA and NBA G League player LiAngelo Ball has transitioned into the music industry by securing a $13 million deal with Def Jam and Universal Music Group.

His debut single, "Tweaker," climbed to the ninth spot on Spotify's U.S. Top 50, earning praise from athletes like Damian Lillard.

The agreement includes $8 million guaranteed and grants Ball full ownership of his music and his own label, Born2Ball Music Group.

What are your thoughts?!

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01/14/2025

The Wolf Moon, the first full moon of 2025, is gracing the skies today, shining brightly alongside Mars.

Skywatchers will have the opportunity to witness this event, where the Moon temporarily obscures the red planet for about an hour.

While warmer winter air promises clearer nights in many regions, some areas may still face cloud cover that could limit visibility.

01/14/2025

The United States is going to ban Russian and Chinese software in vehicles, according to the Department of Commerce, due to national security concerns.

The final rule, posted on the federal register Tuesday morning, comes after the Commerce Department's Bureau of Industry and Security previewed the rule months ago.

During the rulemaking process, the Bureau of Industry and Security found that certain technologies originating from China or Russia present an undue and unacceptable risk to U.S. national security.

Read more at link in bio.

01/14/2025

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01/14/2025

The Justice Department has provided Congress with Volume One of special counsel Jack Smith's final report, detailing his election interference investigation into Donald Trump.

The report, obtained by ABC News through a source, lays out the probe that resulted in Trump being charged in 2023 with four felony counts of undertaking a "criminal scheme" to overturn the results of the 2020 election in an effort to subvert democracy and remain in power. Trump pleaded not guilty to all charges.

Read more at the link in bio.

01/14/2025

The Indian rupee reached a historic low against the US dollar, continuing its decline for the second consecutive day.

The dollar index surged to a two-year high of 109.72, supported by robust US bond yields. Contributing factors include rising crude oil prices, foreign capital outflows, and weakening domestic stock markets, with major indices like the BSE Sensex and NSE Nifty experiencing notable drops.

Additionally, the Reserve Bank of India reported a decrease in forex reserves.

01/14/2025

Donald Trump Jr. has joined Kalshi as its new strategic adviser.

According to Kalshi, Trump Jr.'s interest in technology and media fits well with Kalshi's aggressive expansion goals.

Kalshi remains focused on creating a robust prediction marketplace, with users showing sustained engagement on new markets.

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