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U.S. President Donald Trump has signed an executive order approving the transfer of TikTok’s U.S. operations to American business. The Chinese company ByteDance will retain less than a 20 percent stake.
A new joint venture will be established in the United States to manage TikTok. The controlling share will be held by American investors. The platform will be governed by a new board of directors responsible for security and data privacy compliance.
According to Trump, investors will include Larry Ellison (Oracle), Michael Dell (Dell), and Rupert Murdoch. The U.S. division of TikTok is valued at 14 billion dollars.
Without this agreement, TikTok would have faced a U.S. ban by January 19, 2025. The new executive order ensures the app continues operating under American control.
Switzerland Opens Applications for Government Excellence Scholarships for Young Turkmen Researchers
24 Aug. 14:45The Swiss Government has officially opened the application cycle for its Excellence Scholarships for the 2027–2028 academic year. The program target young specialists and researchers from Turkmenistan seeking to conduct post-graduate research or pursue doctoral studies at top Swiss universities and research institutes.
Key applicant requirements:
A Master’s degree or equivalent academic/professional credential;
Age limit: born after December 31, 1991;
A detailed research proposal including a timeline, core methodology, and planned objectives;
An official letter of academic sponsorship from a host professor in Switzerland;
For applicants currently residing in Switzerland, the entry date must not precede August 1, 2026.
The grant includes a monthly allowance, health insurance coverage, partial housing subsidies, and travel expenses. Research fellowships range from 6 to 12 months in duration. Electronic application submissions will remain open through November 27, 2026. Application procedures for Turkmen citizens are overseen by the Embassy of Switzerland in Baku.
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