Trump To Extend TikTok Sale Deadline For Third Time
Washington:
U.S. President Donald Trump will extend a June 19 deadline for China-based ByteDance to divest the U.S. assets of short video app TikTok by 90 days despite a law that had mandated a sale or a shutdown absent significant progress, the White House said on Tuesday.
Trump has already twice granted a reprieve from enforcement of a congressionally mandated ban on TikTok that was supposed to take effect in January. "President Trump will sign an additional executive order this week to keep TikTok up and running," White House press secretary Karoline Leavitt said.
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Time of India
29 minutes ago
- Time of India
Curfew lifted in LA as Trump battles for control of California troops
Curfew lifted in LA as Trump battles for control of California troops (Image: AP) LOS ANGELES: Calm appeared to be returning to protest-hit Los Angeles on Tuesday as the mayor lifted a night time curfew, while President Donald Trump battled to keep control of California troops he deployed to the city. A fraction of the sprawling US city had been off-limits from 8pm to 6am to most people for a week after instances of looting and vandalism during demonstrations against Trump's immigration raids. Los Angeles Mayor Karen Bass said the curfew had been "largely successful in protecting stores, restaurants, businesses and residential communities from bad actors who do not care about the immigrant community." However, she added that, "as we continue quickly adapting to chaos coming from Washington," she was prepared to reissue a curfew if needed. Bass and other California officials have accused Trump of inflaming tensions by sending 4,000 of the state's National Guard troops -- as well as 700 Marines -- to the second-largest US city. In a show of political muscle, Trump ignored the objections of Democratic Governor Gavin Newsom, who would usually oversee the Guard. A judge said Thursday that the Republican president's actions were "illegal" and ordered that he return control of the force to Newsom. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch vàng CFDs với mức chênh lệch giá thấp nhất IC Markets Đăng ký Undo But a higher court paused that ruling after the Trump administration lodged an appeal and slammed the judge's order as an "extraordinary intrusion on the President's constitutional authority as Commander in Chief." Extreme measure At an appeals hearing Tuesday, the Justice Department argued that Trump needed to keep control of California's troops to ensure federal immigration officers could carry out arrests without threats from the public. "Unfortunately, local authorities are either unable or unwilling to protect federal personnel and property from the mob violence ongoing in Los Angeles today," said Brett Shumate, representing the Trump administration. California officials have rejected that charge, insisting that Trump's use of the military has escalated demonstrations that Los Angeles that law enforcement could have handled. Samuel Harbourt, representing Newsom and California, pointed out that local authorities in Los Angeles have made around 1,000 arrests during the disorder. "Are we in a world that's so different from normal conditions as to justify an extreme measure like militarizing the situation and bringing in the National Guard?" he said. Harbourt urged the San Francisco court to lift the pause on the original order, meaning Trump would have to concede control of the Guard. "Every day that this order remains in effect it is causing harm for our nation's broader democratic tradition of separation of the military from civilian affairs," he said. That, he added, "sets a precedent for this president, and future presidents, to take similar actions going forward." 'Totally lost control' The fatigue-wearing guardsmen have been tasked with protecting federal property in Los Angeles, stationed outside buildings with helmets and large shields. US law restricts them from arresting citizens, though some guardsmen have fired tear gas and non-lethal rounds towards protesters, according to local media. It is the first time since 1965 that a US president has deployed the National Guard without the express wishes of a state's governor. Trump has been unrepentant, taking credit for making Los Angeles "safe" and declaring that Newsom -- a contender for the Democratic presidential nomination in 2028 -- had "totally lost control." The dispute mirrors multiple other tussles over Trump's attempts to expand the limits of presidential power, but is the first to involve troops. Like other cases, it could go all the way to the Supreme Court, where conservative judges hold a 6-3 majority. Many in Los Angeles are angry about immigration raids carried out as part of Trump's ambition to deport vast numbers of undocumented migrants around the country. Outrage at the use of masked, armed immigration agents has also sparked protests in other cities, including San Francisco, New York, Chicago and San Antonio, Texas.
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First Post
34 minutes ago
- First Post
Chinese herbal medicine firm with no revenue sends investors in frenzy, shares rise 58,000%
The Hong Kong-based firm sells traditional herbal medicine to treat ADHD and autism spectrum disorder. It is largely self-funded by Au and is still in the research and development phase read more A small-scale Chinese herbal medicine manufacturing company was losing money until recently, when its fortunes turned overnight as its shares rose 58,000 per cent as of Monday. The firm, named Regencell Bioscience Holding Ltd., witnessed a phenomenal revenue growth this week after its shares exploded. The move has increased the value of Chief Executive Officer Yat-Gai Au's 86 per cent stake to $25.6 billion, according to the Bloomberg Billionaires Index, pushing Au's paper wealth above that of longtime rich-list figures like Jerry Jones and Masayoshi Son. STORY CONTINUES BELOW THIS AD About the company The Hong Kong-based firm sells traditional herbal medicine to treat ADHD and autism spectrum disorder. It is largely self-funded by Au and is still in the research and development phase. Regencell Bioscience did not turn a profit since it went public, and in fact lost $4.4 million in the fiscal year through June 30, 2024, as per its filings. The company does not have a chief medical officer since the last person resigned in 2022. 'Both entities [Regencell and its associated foundation] are Gai's passion projects, and he will continue to invest his personal funds to defend what he believes in,' Au's bio page on the company's website says. 'He has literally put his money where his mouth is by investing over US$9 million in RGC to demonstrate his personal belief and commitment,' it added. Founded in 2014, Regencell primarily focuses on marketing and licensing traditional remedies developed by the founder's father, Sik-Kee Au. A former security alarm business owner in California with a background in electrical engineering, the father was found guilty of professional misconduct in August 2021 by a Hong Kong practitioners' board for overprescribing medication, according to a public order. What's behind the rally? The rally comes amid US interest in alternative medicine and regulatory changes, but analysts warn the surge is unsustainable. Previous speculative bubbles in similar stocks have ended in sharp corrections.
Time of India
34 minutes ago
- Time of India
'For 37 days, PM didn't say anything': Congress questions PM Modi's silence on Trump's mediation claim; demands all-party meeting
Congress MP Jairam Ramesh and PM Modi (R) NEW DELHI: Congress leader and Rajya Sabha MP Jairam Ramesh on Wednesday asked Prime Minister Narendra Modi to call an all-party meeting to brief opposition leaders about India's stand on US President Donald Trump's repeated claims of mediation between India and Pakistan. Jairam Ramesh raised questions over PM Modi's silence for over a month after his phone call with President Trump during the G7 Summit in Canada. "Now, for 37 days, the Prime Minister did not say anything. Now, today, we are told that he had a 35-minute call with President Trump, and there is a readout of what the Prime Minister is supposed to have said to Mr Trump. President Trump has also put out a statement from the White House; there is a difference between the two statements. Normally, these statements are different because they appeal to different audiences," Ramesh said. He added, "For 37 days, the Prime Minister has kept quiet. And today, we are being asked to believe that this is what he told President Trump. All I'm saying is..... Why can't the Prime Minister call an all-party meeting tomorrow or the day after tomorrow? Take the opposition party leaders into confidence and say the same thing which has been put out today by the foreign secretary." by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Free P2,000 GCash eGift UnionBank Credit Card Apply Now Undo Ramesh also criticised Trump for inviting Pakistan army chief Asim Munir to a one-on-one lunch at the White House. He said, "He should have made the US President aware of the direct link between Asim Munir's inflammatory, incendiary, provocative, absolutely unacceptable remarks that he made, which gave oxygen to the Pahalgam terrorists. Pahalgam terrorist attack was a reflection of those remarks of General Asim Munir and the same person is now being invited for a one-on-one lunch with President Trump. .. In my view, this is an absolute insult to India." Shiv Sena (UBT) MP Sanjay Raut also raised doubts over PM Modi's statement. "Modi's people are saying this, but President Trump should tweet about it and say that he takes back his words. Who will believe what PM Modi will say now?" Raut said. Their remarks came after foreign secretary Vikram Misri said that PM Modi spoke to US President Trump on the sidelines of the G7 Summit in Canada. The conversation lasted about 35 minutes and focused mainly on India's recent counterterror operation in Pakistan, called Operation Sindoor . According to Misri, "Prime Minister Modi made it clear to President Trump that during this entire episode, at no time, at any level, were issues such as the India-US trade deal or mediation by the US between India and Pakistan discussed. The halt to military action was discussed directly between India and Pakistan, through existing channels of the two armies, and was at the request of Pakistan." He also said, "Prime Minister Modi stressed that India has never accepted mediation, does not accept it, and will never accept it. There is complete political unanimity in India on this issue." President Trump has claimed several times in the past that he helped stop hostilities between India and Pakistan by using trade talks. However, Misri said that Trump listened carefully and expressed his support for India's fight against terrorism.
