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UBS's latest report shows a record increase in billionaires worldwide, reaching 2,919 with collective wealth of $15.8 trillion. Women are outpacing men in wealth growth for four consecutive years, and inheritance continues to drive the rise, especially in the US and Europe. The billionaire class is diversifying and expanding rapidly.
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Tesla's efforts to expand its autonomous vehicle technology face safety concerns, regulatory scrutiny, and unmet promises. Despite ambitious targets and a $1 trillion pay plan for Elon Musk, recent crashes and regulatory challenges highlight ongoing issues in Tesla's self-driving ambitions as of November 2025.
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Recent developments include Hamas responding to Trump’s Gaza peace plan, a bipartisan effort to prevent a government shutdown, and ongoing political violence linked to Trump’s rhetoric. Trump plans a memorial for Charlie Kirk amid heightened security following Kirk’s assassination. The US faces political turmoil and violence concerns.
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As of September 28, 2025, former President Donald Trump confirmed that Rupert and Lachlan Murdoch, alongside Oracle's Larry Ellison and Michael Dell, are part of a U.S. investor group set to acquire TikTok's American operations. The deal aims for majority American ownership and control over TikTok's data and algorithm, with a deadline to finalize details by December 16, 2025.
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As of October 2025, OpenAI's valuation surged to $500 billion following a $6.6 billion secondary share sale by current and former employees to investors including SoftBank, Thrive Capital, and MGX. Despite not yet turning a profit, OpenAI has secured massive AI infrastructure deals with Oracle, Nvidia, and AMD, fueling rapid growth and complex partnerships across Silicon Valley's AI ecosystem.
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The US and China are nearing an agreement on TikTok, with US investors set to control around 80% of the app in the US. The deal follows negotiations involving trade, security, and market access, with both sides emphasizing mutual respect and legal compliance. The deal is not yet finalized and awaits Chinese approval.
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President Trump’s administration advances a $14bn deal to transfer TikTok’s US operations from ByteDance to a consortium including Oracle, Larry Ellison, and Rupert Murdoch. The deal aims to meet security concerns, but raises questions about political influence and control over the platform’s future.
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Barron Trump, 19, recently moved from NYU to the White House to attend classes at the DC campus. Reports of social difficulties at NYU contrast with Trump’s claims of his son doing well. Trump’s social media and political activities, including TikTok involvement, are also highlighted. The story reflects ongoing debates over youth engagement and political influence.
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Trade negotiations between the US and China have produced a framework that halts imminent tariffs and advances discussions on TikTok, rare earths, and agricultural purchases. Both sides aim for a summit in South Korea, with optimism tempered by caution over implementation and deeper strategic issues.
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The US and China are close to finalizing an agreement on TikTok, with Chinese approval expected soon. The deal involves US control over TikTok's US operations, including algorithm retraining, and aims to address national security concerns. The deal is anticipated to be finalized in the coming weeks.
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Paramount Skydance is reportedly preparing a $71 billion bid for Warner Bros. Discovery, involving sovereign wealth funds from Saudi Arabia, Qatar, and Abu Dhabi. Denials have been issued, but reports of meetings with Middle Eastern officials suggest potential regional backing. The deal could reshape media ownership amid regulatory and political considerations.
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Multiple bidders, including Paramount Skydance, Netflix, and Comcast, are competing to acquire Warner Bros. Discovery. Paramount Skydance is seen as the front-runner due to political ties and financial backing, but regulatory hurdles and political considerations could influence the outcome. The story is current as of Thu, 04 Dec 2025.