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Steven Mnuchin

TikTok ban: Shark Tank’s Kevin O’Leary wants to buy Chinese-owned app, sets up crowdfunding campaign

by Walter Watson
TikTok ban: Shark Tank’s Kevin O’Leary wants to buy Chinese-owned app, sets up crowdfunding campaign

Kevin O’Leary has put himself on the notably short list of people who say they want to buy TikTok – and he is making it a group effort. The Shark …

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US billionaire Frank McCourt says he’s readying bid to buy TikTok

by Walter Watson
US billionaire Frank McCourt says he’s readying bid to buy TikTok

Billionaire businessman and real estate mogul Frank McCourt said he is putting together a consortium to purchase TikTok’s US business, adding to the number of investors hoping to benefit from …

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NYCB shares jump 30%, CEO gives plan for ‘clear path to profitability’

by Anas Siddiqui
NYCB shares jump 30%, CEO gives plan for ‘clear path to profitability’

A New York Community Bank stands in Brooklyn, New York City, on Feb. 8, 2024. Spencer Platt | Getty Images New York Community Bank on Wednesday posted a quarterly loss …

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Wall Street and tech billionaires race to buy banned TikTok

by Edgar Davis
Wall Street and tech billionaires race to buy banned TikTok

A handful of American finance and tech tycoons are gearing up for multi-billion bids to buy TikTok after President Joe Biden signed an act which will force its Chinese owners …

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House TikTok ban-or-sale bill bundled with foreign aid package, fast-tracking potential passage

by Edgar Davis
House TikTok ban-or-sale bill bundled with foreign aid package, fast-tracking potential passage

The House will vote on a bill that will force a sale or total ban of China-owned TikTok as soon as Saturday – after Speaker Mike Johnson signaled the measure …

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Steve Mnuchin seeks AI partner to rebuild TikTok’s algorithm: sources

by Edgar Davis
Steve Mnuchin seeks AI partner to rebuild TikTok’s algorithm: sources

Steve Mnuchin is angling to partner with an AI firm that can quickly rebuild TikTok’s algorithm as he looks to orchestrate a blockbuster bid to acquire the China-owned app, The …

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Former Treasury Secretary Mnuchin is putting together an investor group to buy TikTok

by Edgar Davis
Former Treasury Secretary Mnuchin is putting together an investor group to buy TikTok

Former Treasury Secretary Steven Mnuchin is building an investor group to acquire ByteDance’s TikTok, as a bipartisan piece of legislation winding its way through Congress threatens its continued existence in …

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‘I’m going to put together a group’

by Edgar Davis
‘I’m going to put together a group’

Former Treasury Secretary Steven Mnuchin revealed Thursday that he’s building a team of investors to potentially buy TikTok after House lawmakers overwhelmingly passed a bipartisan bill that would force its …

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NYCB lost 7% of deposits in past month, slashes dividend to 1 cent

by Anas Siddiqui
NYCB lost 7% of deposits in past month, slashes dividend to 1 cent

The New York Community Bank (NYCB) headquarters in Hicksville, New York, US, on Thursday, Feb. 1, 2024. Bing Guan | Bloomberg | Getty Images New York Community Bank said Thursday …

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Treasury Secretary Steven Mnuchin yet to help Trump

by Vera Ward
Treasury Secretary Steven Mnuchin yet to help Trump

After serving in the Trump administration for four years, former Treasury secretary Steven Mnuchin is keeping his distance from the former president and his campaign, according to people familiar with …

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