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TikTok establishes joint venture to end US ban threat

The new structure responds to a law passed under US President Donald Trump’s predecessor Joe Biden that forced Chinese-owned ByteDance to sell TikTok’s US operations or face a ban in its biggest market.

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TikTok has announced it has established a majority American-owned joint venture to operate its US business, allowing the company to avoid a ban over its Chinese ownership.

The video-sharing app is a global digital entertainment powerhouse but its mass appeal and links to China have raised concerns over privacy and national security.

The TikTok USDS Joint Venture LLC will serve more than 200 million users and 7.5 million businesses while implementing strict safeguards for data protection and content moderation, the company said.

AFP reported that the new structure responds to a law passed under US President Donald Trump’s predecessor Joe Biden that forced Chinese-owned ByteDance to sell TikTok’s US operations or face a ban in its biggest market.

Trump welcomed and claimed credit for the deal, but also thanked Chinese President Xi Jinping for approving it.

“I am so happy to have helped in saving TikTok!” Trump said in a post on Truth Social late Thursday.

“It will now be owned by a group of Great American Patriots and Investors, the Biggest in the World, and will be an important Voice.”

“I would also like to thank President Xi, of China, for working with us and, ultimately, approving the Deal,” he added.

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International

US and Iran to sign historic peace deal June 19 in Switzerland

He commended both Washington and Tehran for choosing diplomacy over continued conflict and acknowledged the roles played by Qatar, Saudi Arabia, and Türkiye in facilitating the talks.

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•US/IRAN flags

Pakistan’s Prime Minister, Shehbaz Sharif­, revealed that both the United States and Iran have reached a landmark peace agreement to the immediate and permanent cessation of military operations on all fronts, including in Lebanon.

The formal signing ceremony is scheduled to take place on June 19 in Switzerland.

According to Sharif, the agreement is the result of extensive mediation efforts involving several regional and international stakeholders.

He commended both Washington and Tehran for choosing diplomacy over continued conflict and acknowledged the roles played by Qatar, Saudi Arabia, and Türkiye in facilitating the talks.

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International

Zimbabwe Wins UN Security Council Seat for 2027-2028

The five countries were elected by the 193-member General Assembly to serve as non-permanent members of the Security Council for two-year terms beginning on January 1, 2027.

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Zimbabwe has been elected to a non-permanent, two-year term on the United Nations Security Council, the third time the country will be represented on the body mandated to maintain international peace and security.

Voice of Nigeria reports that the other countries that secured seats around the iconic horseshoe table are Austria, Portugal, Trinidad and Tobago, and Kyrgyzstan.

The five countries were elected by the 193-member General Assembly to serve as non-permanent members of the Security Council for two-year terms beginning on January 1, 2027.

Austria and Portugal won the two seats allocated to the Western European and other States (WEOG) Group, while Trinidad and Tobago and Zimbabwe were elected from the Latin American and Caribbean Group and the African Group, respectively.

Kyrgyzstan secured the Asia-Pacific seat after defeating the Philippines in four rounds of voting.

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International

Finland’s president says EU should expand to 40 states — including Canada

His comments come as the Trump administration’s actions, alongside Russia’s war with Ukraine, prompt some countries to reconsider the benefits of EU membership.

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Finland’s president Alexander Stubb

Finnish President Alexander Stubb has stressed the need for a much larger European Union, saying the 27-nation bloc should increase its membership to 40 states and named the U.K., Canada, Turkey, Norway and Iceland as potential candidates to join.

Stubb made the call at an energy conference in the Finnish capital on Wednesday.

His comments come as the Trump administration’s actions, alongside Russia’s war with Ukraine, prompt some countries to reconsider the benefits of EU membership.

Stubb told the Eurelectric Power Summit that “the window of opportunity” for EU enlargement “is quite short because when the war in Ukraine ends and perhaps when the U.S. administration changes, I don’t know, then people are going to take their foot off the gas pedal and start heckling about unnecessary stuff again.”

Stubb added that “European strategic autonomy or European geopolitical power” is “often based on size and scale and I think the best European policy ever has been European enlargement.”

“In this moment, we need to think big and geographically, we need to enlarge or at least create memberships which are flexible enough to bring in a sum total of 40 European states — or even non-European,” Stubb said.

Finland’s president said the EU should look to its western flank and bring the U.K., which left the bloc in 2020, back into the fold, or at least “as close as possible

.”Canada should be considered as another option, Stubb said. “Wouldn’t it be lovely if Canada was the 28th state of the European Union rather than the 51st state of the United States?”

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