TikTok's owner could be in hot water.
The firm that owns the Chinese video-sharing service is being subject to a national security review over the purchase of the Musical.ly app.
ByteDance purchased the app for AED 3.6 billion in 2017.
According to reports, the deal is being investigated as it had allegedly not been cleared by a US body that scrutinises acquisitions.
Amazon targets as many as 30,000 corporate job cuts, sources say
Amazon is planning to cut as many as 30,000 corporate jobs beginning on Tuesday, as the company pares expenses and compensates for overhiring during the peak demand of the pandemic, according to three people familiar with the matter.
US flight delays near 7,000 as government shutdown hits Day 27
US air travel turmoil deepened as nearly 7,000 flights were delayed nationwide, with air traffic controller absences surging as the federal government shutdown reached its 27th day.
UAE, African nations chart $6 billion tourism investment roadmap
The UAE has hosted a high-level ministerial roundtable with over 20 African nations in Dubai, launching a new investment roadmap to boost cooperation in tourism, aviation, transport, infrastructure and digital transformation.
UAE Cabinet approves 2026 federal budget
The UAE Cabinet has approved the federal budget for 2026, with projected revenues of AED 92.4 billion and equally balanced expenditures.
Trump confident of deal after 'successful' US-China talks
US President Donald Trump said he was confident of hashing out a deal with President Xi Jinping, whom he is expected to meet next week, after top economic officials from both countries concluded two days of discussions on Sunday to de-escalate a trade war.
