TikTok reacts to Musk ownership report to prevent US ban | Money News Aitrend

TikTok reacts to Musk ownership report to prevent US ban | Money News

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TikTok has dismissed a report that it could sell its threatened US operations to Elon Musk as “pure fiction”. The Chinese owners of the short video platform, ByteDance, face the prospect of a TikTok be closed permanently in America on Sunday. It was then that a US government banfor reasons of national security, should come … Read more

Restaurateur Pizza Hut rushes to finalize new ownership | Money News Aitrend

Restaurateur Pizza Hut rushes to finalize new ownership | Money News

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The operator of almost 150 Pizza Hut restaurants in the UK is in advanced talks with potential buyers as it strives to secure a deal to secure its future. Sky News has learned that Heart With Smart (HWS), the US brand’s largest UK franchisee, aims to select a preferred bidder in January after weeks of … Read more

NatWest to increase chief’s pay as bank returns to fully private ownership | Money News Aitrend

NatWest to increase chief’s pay as bank returns to fully private ownership | Money News

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NatWest Group is to give its CEO a potential multi-million pound raise as it becomes fully privately owned again after almost 17 years in state hands. Sky News has learned that the chair of the bank’s remuneration committee, Lena Wilson, is consulting with major institutional shareholders over an overhaul of its board remuneration policy. Details … Read more