The Supreme Court issued its opinion on the looming ban of TikTok in America upholding that the law will stay in effect, essentially forcing the app’s Chinese owner to sell its American holdings by Sunday or be forced to go dark.

US President-elect Donald Trump engaged in a pivotal phone conversation with Chinese President Xi Jinping. Key topics included trade, the looming TikTok ban, and fentanyl, with both leaders expressing commitment to global peace and safety.

Ms Zhou Chaonan, whose firm provides the computing power for ByteDance's AI, has a net worth of $10.5 billion. Read more at straitstimes.com.

Despite ByteDance's refusal to sell TikTok's US operations, lawmakers continue to debate the implications for both US users and the broader tech industry, with the app's future hanging in the balance as Trump's administration takes office.

Both leaders were upbeat after the call, with Trump calling it “a very good one” and Mr Xi saying that trade relations can be mutually beneficial.

Donald Trump and Chinese President Xi Jinping spoke by phone on Friday, days before the incoming US president returns to the White House, with both leaders vowing to take a positive approach to improving ties between the rival countries.

We discussed balancing trade, fentanyl, TikTok, and many other subjects,” Trump said on his social media platform Truth Social after their call.

The President’s duty is to enforce the law, not cut a deal with China.

U.S. President-elect Donald Trump and Chinese President Xi Jinping discussed issues including TikTok, trade and Taiwan in a phone call on Friday, just days before Trump takes office again promising tariffs that could ratchet up tensions between the world's two biggest economies.

The conversation, which marked the first interaction between the two leaders since Trump’s departure after his first term.

Incoming U.S. President Donald Trump on Friday said he had a phone call with Chinese leader Xi Jinping. Read more here.