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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.
On-the-Go Power: Japanese Engineers Develop Wireless In-Road Charging for Electric Vehicles
10 Oct. 08:10In a major leap for electric mobility, Honda R&D, alongside Taisei Corporation and Taisei Rotec, has unveiled an innovative dynamic wireless charging system that charges electric vehicles as they drive. By embedding compact energy-transmitting modules directly into the road surface, the system transfers power via a magnetic field to receivers mounted underneath moving vehicles. Designed to withstand heavy commercial transport up to 20 tons, real-world road testing is scheduled to begin in Japan in April 2027.
The technology eliminates the need for full road reconstruction, as modules can be integrated directly into milled asphalt layers. Aimed at boosting charging power up to 150 kW in future iterations, this infrastructure solution promise to significantly reduce grid pressure on traditional charging stations, particularly for logistics and commercial fleets.
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