Americans will get 6 of 7 board seats for TikTok’s US operations, says White House

The White House has announced that the new fee for H-1B visas will not affect current holders, providing relief to many skilled workers in the U.S. This decision is significant as it ensures that existing visa holders can continue their employment without the burden of additional costs, fostering stability in the workforce and supporting the economy.

The White House is working to clarify confusion surrounding the H-1B visa process after a sudden panic affected corporate America. Press Secretary Karoline Leavitt emphasized that the fee associated with the visa is a one-time charge for the petition, not an annual fee. This clarification is crucial as businesses rely on H-1B visas to hire skilled foreign workers, and any misunderstanding can lead to significant disruptions in hiring practices.

The White House has issued emergency guidance in response to the new $100,000 application fee for H-1B visas, which are crucial for the tech industry. This move aims to clarify the implications of the fee for companies that rely on these visas to hire skilled foreign workers. The decision is significant as it could impact hiring practices and the overall workforce in the tech sector, raising concerns about accessibility and costs for businesses.

President Trump's recent proclamation imposing a $100,000 fee for H1-B visas has left many companies in a state of confusion and uncertainty. Despite attempts by the White House to clarify the situation, businesses are still navigating unclear regulations, which could impact their ability to hire skilled foreign workers. This move raises concerns about the future of talent acquisition in the U.S. and the potential economic implications for industries reliant on these professionals.

The recent announcement of a $100,000 fee for H-1B visas has prompted a rush among companies to bring workers back to the U.S. before the deadline. While this has created a sense of urgency, the White House has reassured that current visa holders will not be affected by this new fee. This situation highlights the ongoing complexities and challenges in the immigration system, particularly for businesses relying on skilled foreign labor.

The White House has announced a significant deal regarding TikTok, stating that Oracle will oversee the app's data and security. This arrangement ensures that Americans will hold six out of seven board seats, giving them substantial control over the platform. This move is crucial as it aims to address national security concerns while allowing TikTok to continue operating in the U.S., potentially easing tensions between the U.S. and China.

Former Fed official praised Jerome Powell's leadership during his first FOMC meeting with White House adviser Miran, highlighting their commitment to the Federal Reserve's mission and the importance of maintaining the central bank's independence. This is significant as it reassures markets and the public about the Fed's stability and integrity in navigating economic challenges.

The White House has proposed a deal that could reshape TikTok's operations in the U.S. by establishing a new board with a majority of American directors. This move aims to alleviate concerns about the app's ties to China, ensuring it can continue to operate on American devices. This is significant as it reflects ongoing efforts to balance national security with the popularity of social media platforms.

In a significant development, President Donald Trump announced that a deal has been reached to ensure TikTok's algorithm and board will be controlled by U.S. entities, with China's approval. This move is crucial as it addresses national security concerns while allowing the popular app to continue operating in the U.S. market. The decision reflects a balancing act between safeguarding American interests and maintaining a vital platform for millions of users.

A Swiss drug giant is actively seeking ways to reduce the prices of medicines for Americans, acknowledging that U.S. consumers contribute significantly to pharmaceutical innovations. This initiative comes in response to potential tariff threats and reflects a commitment to finding constructive solutions that could alleviate the financial burden on patients. By collaborating with the government, the company aims to ensure that essential medications become more affordable, which is crucial for public health and access to necessary treatments.

In a recent analysis, Bernstein has drawn parallels between TikTok's proposed deal in the U.S. and the infamous 'New Coke' gamble from the 1980s. This comparison highlights the risks involved in TikTok's strategy to navigate regulatory challenges while trying to maintain its user base. Understanding this analogy is crucial as it sheds light on the potential pitfalls and opportunities TikTok faces in the competitive social media landscape.

In recent statements, President Trump indicated that a deal regarding TikTok could be moving forward, following approval from China's leader, Xi Jinping. However, he also mentioned that the agreement is still a work in progress. This development is significant as it highlights ongoing negotiations between the U.S. and China over the popular social media platform, which has faced scrutiny over data privacy concerns.

The White House has announced that Americans will hold six out of seven board seats for TikTok's U.S. operations, a significant move aimed at addressing national security concerns. This decision is crucial as it reflects the administration's commitment to ensuring that foreign-owned companies operate transparently and in the best interest of American users. By placing more American oversight in TikTok's governance, the administration hopes to build trust and mitigate fears surrounding data privacy and security.

The White House has announced that the new fee for H-1B visas will not affect current holders, providing relief to many skilled workers in the U.S. This decision is significant as it ensures that existing visa holders can continue their employment without the burden of additional costs, fostering stability in the workforce and supporting the economy.

U.S. investors are feeling optimistic as money-market funds hit a new record of $7.7 trillion in assets this month. This surge indicates a strong confidence in the financial markets, suggesting that investors are choosing to keep their cash in safe, liquid investments rather than risking it in more volatile options. This trend not only reflects the current economic climate but also highlights the growing preference for stability among investors.

In an exciting showdown at WWE Wrestlepalooza 2025, Stephanie Vaquer triumphed over Iyo Sky to claim the WWE Women's World Championship. This victory not only highlights Vaquer's impressive skills and determination but also adds a thrilling chapter to the ongoing evolution of women's wrestling in the WWE. Fans are buzzing about this classic match, which showcases the growing talent and competitiveness in the women's division.

In an electrifying showdown at WWE WrestlePalooza 2025, Stephanie Vaquer triumphed over Iyo Sky to claim the Women's World Championship. This match not only showcased the incredible talent of both wrestlers but also highlighted the growing popularity of women's wrestling in the WWE. Fans are buzzing about this instant classic, which could set the stage for future rivalries and storylines in the wrestling world.

In a dramatic turn of events at WWE Wrestlepalooza, The Vision triumphed over The Usos in a fierce tag-team match that resulted in Jey Uso suffering a legitimate injury, leaving him busted open. This incident highlights the intense physicality of professional wrestling and raises concerns about the safety of the athletes involved. Fans are left wondering how this will impact Jey Uso's future in the ring.