CK Hutchison's Panama Ports Dispute Escalates as Arbitration Claims Surpass $2 Billion 
Asian Currencies Slide as U.S.-Iran Tensions and Rising Oil Prices Rattle Markets 
Sinopec Posts 36.8% Net Profit Drop in 2025 Amid Weak Petrochemical Margins and Energy Transition Pressures 
Elon Musk Announces Terafab: SpaceX and Tesla to Build Dual AI Chip Factories in Austin, Texas 
Suspicious Oil Market Trades Precede Trump's Iran Peace Post by 15 Minutes 
Nintendo Switch 2 Production Cut as Holiday Sales Miss Targets 
Australia-EU Free Trade Deal Signed After Years of Negotiations 
Micron Technology Beats Q2 Earnings Estimates, Issues Strong AI-Driven Outlook 
UK Consumer Confidence Weakens Amid Middle East Conflict and Rising Living Costs 
Xiaomi's AI Model "Hunter Alpha" Mistaken for DeepSeek's Next Release 
Rio Tinto's Resolution Copper Mine: U.S. Smelting Challenges and Global Operations Update 
Microsoft Eyes Legal Action as Amazon-OpenAI Deal Threatens Azure Exclusivity 
OpenAI Pulls the Plug on Sora, Ending $1 Billion Disney Partnership 
Trump White House Unveils National AI Policy Framework for Congress 
Currency Markets Show Caution Amid U.S.-Iran Negotiations 
Bank of Japan Eyes April Rate Hike Despite Inflation Dip, ING Says 
TikTok CEO Shou Zi Chew has reportedly consulted Elon Musk for insights on navigating potential U.S. tech policy shifts under the Trump administration, according to the Wall Street Journal. ByteDance executives remain cautiously optimistic about securing TikTok's future in the United States.
TikTok CEO Seeks Elon Musk's Advice Amid U.S. Challenges
According to a report published by the Wall Street Journal on Saturday, which cited individuals familiar with the situation, Shou Zi Chew, the Chief Executive Officer of TikTok, which is owned by ByteDance, has reportedly sought Elon Musk's advice on matters pertaining to the United States. Musk is a close adviser to President-elect Donald Trump.
In recent weeks, Chew has been the one to initiate messages with the CEO of Tesla, asking for his thoughts on a variety of topics, including the incoming government and prospective policies regarding technology, according to the article.
Reuters' requests for comments were not immediately met by a response from Elon Musk, TikTok, ByteDance, or the administration of Donald Trump.
ByteDance Leadership Remains Optimistic Amid Uncertainty
Chew has kept ByteDance's senior leadership informed of the conversations, and executives are cautiously optimistic about finding a way forward. The Journal said that both executives have not discussed concrete methods to keep TikTok operational in the United States. Chew kept ByteDance's senior leadership informed of the talks.
In addition, the article stated that executives from ByteDance had been actively hedging their bets prior to the election in the United States by meeting with individuals who were close to both Trump and Kamala Harris, the Democratic contender for president.
Trump's Stance Could Influence TikTok's Future in the U.S.
Trump, who attempted to get TikTok banned in 2020 but was unsuccessful, has stated that he would not let TikTok to be banned if he were to be elected president in November.
