US President Donald Trump failed to finalize a deal to sell Chinese-owned TikTok to American investors and issued an executive order extending the deadline by 75 days to keep the app operational. Trump stated in a Truth Social post that more work is needed for necessary approvals, expressing hope to reach an agreement with China despite tensions over tariffs. The US Supreme Court upheld a TikTok ban, leaving the app’s fate uncertain as it faces separation from its Chinese parent, ByteDance, or potential shutdown.
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Puma’s new boss takes helm trailing Adidas and a recovering Nike
Puma's leadership has aimed to elevate the brand's image for over two years, focusing on making its sneakers and apparel more aspirational. However, new CEO Arthur Hoeld has indicated that the brand is now perceived as cheap, suggesting a disconnect between the company's goals and public perception. Want More Context? 🔎
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