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TikTok Signs Agreements With Investors in Step Toward Avoiding a U.S. Ban

The Chinese-owned video app formalized commitments from the software giant Oracle and two investment firms as part of a deal to keep TikTok operating in the United States.

© Hollie Adams/Reuters

The investment agreements bring TikTok, one of the country’s most popular social media apps, closer to resolving years of questions about its future.
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Australia v England: Ashes third Test, day three – live

Tourists resume on 231-8, still trailing by 158 runs
Ashes top 100 | Get The Spin newsletter

Enough talk, Scott Boland is about to bowl the first over of day three. It’s much cooler in Adelaide, around 26 degrees.

“Honestly, it’s not England’s batting – that’s pretty much on par with Australia’s,” writes Andy Roberts. “The glaring difference is the bowling. If Australian batters look better, it’s because they are getting a lot more bad balls to hit. England couldn’t score any faster yesterday because the bowling was consistently accurate and tested the batter’s technique and concentration over after over, with no weak links. Compare that to England, with Jacks and Carse sending down rubbish time and time again.

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© Photograph: Asanka Brendon Ratnayake/Reuters

© Photograph: Asanka Brendon Ratnayake/Reuters

© Photograph: Asanka Brendon Ratnayake/Reuters

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NYC subway fare jumpers easily beat anti-theft ‘fins’ as MTA spends $7.3M to bring program to nearly every station

Stand clear of the closing snorts! The MTA will dish out $7.3 million to expand its anti-fare evasion gadgets to nearly every subway station in the five boroughs — even though rule breakers have been laughing their way right past them. The MTA signed off this week on a deal with Boyce Technologies to add...

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TikTok signs Trump-backed deal to sell US entity to American investors

Deal with Oracle, Silver Lake and MGX, confirmed in internal memo, will allow app to continue operating in US

TikTok has signed a deal to sell its US business to three American investors – Oracle, Silver Lake and MGX – ensuring the popular social video platform can continue operating in the United States.

The deal is expected to close on 22 January, according to an internal memo seen by he Associated Press and Reuters. The TikTok chief executive officer, Shou Zi Chew, said in the memo that ByteDance and TikTok have signed binding agreements with the three investors.

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© Photograph: Dado Ruvić/Reuters

© Photograph: Dado Ruvić/Reuters

© Photograph: Dado Ruvić/Reuters

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NYC City Council poised to pass NYPD body camera bill in end-of-year steamroll vote

Police lights, body cameras, last-minute action! City Council Dems were poised to steamroll through a controversial bill giving the NYPD’s civilian watchdog direct access to body-worn camera footage Thursday in an end-of-year vote. The measure faced strenuous objections from police unions, who decried it as a slap in the face for rank-and-file cops. The bill would...

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