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US Consortium Takes Control of TikTok Amid Concerns

9/26/2025

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Summary

Story summary

TikTok will be controlled by a US investor consortium, with ByteDance retaining under 20%.
The White House has raised concerns over potential TikTok algorithm manipulation by new owners.
Meta's Ray-Ban Display glasses launch at $799 and win positive reviews despite demo failures.
Valentino and Vans' AI campaign drew muted backlash, while luxury brands increase tech investments to 3.1% of revenue.

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Story summary

TikTok will be controlled by a US investor consortium, with ByteDance retaining under 20%.
The White House has raised concerns over potential TikTok algorithm manipulation by new owners.
Meta's Ray-Ban Display glasses launch at $799 and win positive reviews despite demo failures.
Valentino and Vans' AI campaign drew muted backlash, while luxury brands increase tech investments to 3.1% of revenue.