AI Companies Stole Your Data, and Now They Owe You...

If you didn't know...AI companies stole your data to train their models. AI firms are now legally obligated to pay a handsome monthly fee to a few special companies, who then distribute these checks to everyday Americans like you. And all you have to do to join them is to make an investment as low as $10.

TikTok CEO Shou Chew To Join Trump's Inauguration Alongside Musk, Bezos And Zuckerberg Amid Looming US Ban: Report

Ananya Gairola
January 16, 2025

TikTok CEO Shou Chew is reportedly set to attend President-elect Donald Trump’s inauguration, joining other tech leaders like Elon Musk, Mark Zuckerberg, and Jeff Bezos.

What Happened: The Trump Vance Inaugural Committee extended an invitation to TikTok’s CEO, reported the New York Times, citing two people familiar with the plans on Wednesday.

Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) CEO Sundar Pichai is also expected to attend the event, reported NBC News, citing a Trump transition official.

TikTok and Alphabet did not immediately respond to Benzinga's request for comments.

See Also: Analyst Sees ‘Broadening Rally' In Semiconductors In 2025: 2 Top Stock Picks, 2 To Avoid

The inauguration ceremony for Trump and Vice President-elect JD Vance is scheduled for Monday, with festivities beginning on Saturday at Trump’s Virginia golf club.

Why It Matters: TikTok CEO’s invitation to the Trump inauguration comes just days before a potential U.S. ban on the app.

The ban could lead to its removal from platforms like Google Play and the Apple App Store unless its parent company, ByteDance, divests its U.S. operations.

Subscribe to the Benzinga Tech Trends newsletter to get all the latest tech developments delivered to your inbox.

Already reports of Tesla CEO Musk and other potential buyers making a bid are making rounds. 

ByteDance has so far resisted selling, and the Supreme Court has yet to make a definitive ruling after hearing arguments last Friday. Trump has filed an amicus brief urging the court to block the ban, seeking a political resolution instead.

On Thursday, TikTok’s prospects improved as an increasing number of U.S. officials advocated for giving ByteDance additional time to sell the app, reported Reuters.

Photo Courtesy: Shutterstock.com

Check out more of Benzinga's Consumer Tech coverage by following this link.

Read Next:

  • Tesla Shares Rise Over 2% After Hours On Morgan Stanley's Price Target Hike, FSD Breakthroughs: Gary Black Highlights Key Drivers

Disclaimer: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.

Continue Reading...

Popular

Elon Musk's OpenAI Bid, Meta's AI Robots, Intel's Lifeline, Johansson's AI Regulation Plea, And More: This Week In AI

Tech giants make big moves: OpenAI rejects Musk's $97B offer, Meta investing in AI robots, Intel-TSMC JV rumors, Scarlett Johansson calls for AI regulation.

Crypto Analyst Predicts More Gains for Altcoin That Skyrocketed 920% in Just One Month

A significant surge is anticipated for an altcoin that has already seen a 920% increase within a month. The same analyst also shares his insights on Cardano (CRYPTO: ADA) and Bitcoin (CRYPTO: BTC).

Legendary Tech Investor: "Forget Nvidia, Buy This Instead" - Ad

In February 2016, Jeff Brown picked Nvidia as one of his favorite stocks. Since then, shares have jumped enough to turn $1,000 into more than $230,000. If you missed out on those massive gains...

GameStop-Linked Crypto Soars, Trump-Backed Project Bolsters Bitcoin, And More: This Week In Crypto

The week was a rollercoaster ride in the world of cryptocurrencies. From GameStop-themed crypto rallying to a Trump-backed project bolstering Bitcoin and Ethereum, the crypto market was buzzing with activity. Here’s a quick round-up of the top stories. GameStop-Themed Crypto Rallies

The DOGE Agenda (Nine Stocks to Buy) - Ad

One Boston based think tank – who has studied Elon's work for decades – is stepping forward to share what they've found. They believe his TRUE plan is far more radical than anyone realizes. It could change the way you live, work, get paid...AND could make more people rich than all of Elon's previous ventures.

Trump orders US to ditch the penny. What's its connection to NASCAR's most impactful Daytona 500?

DAYTONA BEACH, Fla (AP) — Cease production of the penny, let collector’s gobble up what's left of the 1 cent coin, and there will still be one eternally glued to Dale Earnhardt’s old Chevrolet, the luckiest piece of loose change in NASCAR history.

22X Better Than Bitcoin... Without Crypto - Ad

For every $1,000 made in Bitcoin... you could have made as much as $22,000 with this strategy. legendary former hedge fund manager Larry Benedict calls it "Bitcoin Skimming." And get this... it's CRUSHING Bitcoin's returns. If you want to get in on the ground floor then watch this free interview NOW.

At 50, 'Saturday Night Live' celebrates its past as a comedy icon — and wonders about its future

NEW YORK (AP) — Tune into the Oct. 11, 1975 premiere episode of — then without “live” in its name — and you may be instantly surprised at some of the bones of the show that are still intact today.

Utah governor signs collective bargaining ban for teachers, firefighters and police unions

SALT LAKE CITY (AP) — Utah's Republican governor on Friday signed a that experts are calling one of the most restrictive labor laws in the country, despite overwhelming opposition from union members.

"Trump Coins:" the Next Big Thing - Ad

Have you heard of "Trump Coins?" Even though these coins are associated with or endorsed by President Trump... Tech legend Jeff Brown believes his policies will help send these coins higher than anyone can imagine in 2025.

Bill Ackman's Pershing Square Adjusts Portfolio, Trims Chipotle and Boosts Nike

Billionaire investor Bill Ackman has ramped up his stake in Nike by 15%, while simultaneously cutting back his investment in Chipotle Mexican Grill  by 14%.

Musk and Trump Bullish on New Tech Beyond AI - Ad

Elon Musk is heavily invested in a cutting-edge new technology. In fact, Musk has turned the new president on to this breakthrough. And President Trump could make an announcement any day that could spike the price of stocks in this sector.

Abu Dhabi Wealth Fund Buy $437 Millions Worth Of BlackRock's Bitcoin ETF

Abu Dhabi's sovereign wealth fund, Mubadala Investment Company, has acquired $436.9 million worth of shares in BlackRock's (NYSE:

Market Instability Looms in Trump's Second Term, Warns Paul Tudor Jones: 'There's No Room for Mistakes'

Hedge fund manager Paul Tudor Jones voiced his apprehensions about the stability of financial markets during President Trump's second term.

The Top AI Investment of 2025 (And It's Not AI) - Ad

Because this "Miracle Metal" is not only 400 times stronger than steel... Weighs 85% less...And it conducts electricity better than copper... But it's poised to solve a $267 billion flaw threatening artificial intelligence as a whole... and could stop development in its tracks.

AP reporter and photographer barred from Air Force One over 'Gulf of Mexico' terminology dispute

The White House barred a credentialed Associated Press reporter and photographer from boarding the presidential airplane Friday for a weekend trip with Donald Trump, saying the news agency’s stance on how to refer to the Gulf of Mexico was to blame for the exclusion. It represented a significant escalation by the White House in a four-day dispute with the AP over access to the presidency.

What to stream: '1923' returns, Tate McRae, 'Reacher,' Baldwins' reality show and a 'Suits' spin-off

A modern reimagining of the graphic novel “The Crow” starring Bill Skarsgård plus Canadian pop musician Tate McRae offering her third album are some of the new television, films, music and games near you.

3 AI Stocks Tied to President Trump's White House Return - Ad

Trump's return to the White House coincides with AI's -- and Nvidia's -- continued boom. That's why the President is crucial to Michael Robinson's 2025 AI Blueprint. Michael is a 40-year veteran of Silicon Valley has an AI Blueprint featuring three companies working with Nvidia who could be poised to benefit now that Trump is back in the White House.

Honda Shares Are Up Today: What's Going On?

Honda Motor Company Ltd. (NYSE: HMC) shares are moving higher Friday following the company's release of its fiscal third-quarter financial results and the announcement that it terminated merger discussions with Nissan Motor Co., Ltd.

Daughters of Target's late cofounder raise concern over company's pullback on DEI efforts

NEW YORK (AP) — The daughters of one of the cofounders of Target are expressing their alarm and shock at the discounter's recent moves to roll back its initiatives that have come under attack from conservative activists and of last month, .

Elon's Next Millionaire-Making Project? - Ad

This could create more wealth than all of his previous ventures... combined.

Applied Materials Navigates China Slowdown, Analysts See Early Recovery Despite Soft Guidance

Analysts revised price targets for Applied Materials after Q1 results, beating estimates on revenue and EPS, but Q2 guidance fell short. Buy-rated with price targets of $195, $217, and $225.

Looking for a new home? Builders offering valuable incentives to entice homebuyers

LOS ANGELES (AP) — Americans looking to buy a newly built home this spring are likely to get a helping hand with their mortgage rate and other costs.

This Is the "New" Gold -- "MIT Miracle Metal" - Ad

MIT scientists just developed a brand-new metal... A metal that's shaping up to be, not only the biggest breakthrough in artificial intelligence... but in human technology. It's so valuable that some are referring to it as the "new gold".

Nvidia faces a reckoning as an upstart rival raises questions about Wall Street's darling

NEW YORK (AP) — The superstar run for Nvidia’s stock the last few years has been astonishing. So was its tumble Monday, which caused $595 billion in wealth to vanish. That’s about as much as PepsiCo, McDonalds, Starbucks and Target are worth, combined.

No, Spain isn't banning tourists. Here's what to know before planning a trip

MADRID (AP) — Spain , making the Southern European nation famous for its Mediterranean coastline, sweeping landscapes and historic cities among the most visited countries on earth.

"Boring Trade" Generates $185 Every Day. Like Clockwork. - Ad

Forget cryptos, pot stocks, and other "shiny object" investments. Instead, you could collect an average of $185 every day of the year with this "boring" trade strategy Forbes magazine says is "like finding money in the street."

Senate confirms Zeldin to lead Environmental Protection Agency as Trump vows to cut climate rules

WASHINGTON (AP) — The Republican-controlled Senate on Wednesday confirmed Lee Zeldin to lead the Environmental Protection Agency, a key role to help President Donald Trump fulfill his pledge to roll back major environmental regulations, including those aimed at slowing climate change and encouraging use of electric vehicles.

Warren Buffett's Investing Partner's Shocking Final Move - Ad

Before he passed away, Charlie Munger, Warren Buffett's investing partner of 60 years, was rumored to have quietly made one final investment... Up until now, it has remained hidden from the public. It's potentially the smartest, most profitable, and most under-valued AI investment you can make today.

Trump's Commerce Secretary nominee, Howard Lutnick, vows to sell his business interests in 90 days

WASHINGTON (AP) — Billionaire financier Howard Lutnick, President Donald Trump's choice to lead the Commerce Department, said Wednesday that he would sell all of his business holdings within 90 days.

DeepSeek News Plunges IT Hardware Stocks, But Analyst Sees 5 Bright Spots Among Tech Giants

IT hardware stocks dip after DeepSeek news, but analyst sees growth potential in Corning, Hewlett Packard Enterprise, Western Digital, Seagate Technology and Apple due to specific catalysts.

Is This Defi Coin Your Next "10-Bagger" Investment? - Ad

Our #1 pick in decentralized finance is largely overlooked by mainstream investors (for now). This governance token could skyrocket as DeFi adoption surges with the smart money and institutions.

Next week: Housing starts, Fed minutes and Walmart earnings

A look at some of the key business events and economic indicators upcoming next week.

Europe's economy showed zero growth at end of 2024 as Germany, eurozone's biggest economy, struggled

FRANKFURT, Germany (AP) — Europe’s economy stagnated at the end of last year as its former growth engine, Germany, finished a second straight year of shrinking output, officials said Thursday.

Get Your Piece of the $5.39 Billion by March 25... - Ad

Once you hear more about what these AI firms have been up to...You'll feel like you're owed the $3,452.50 that is being paid out to folks like you every month. The opportunity to grab the next payout ends on March 25 -- so be quick.

6 Clean Energy Stocks Face Challenges, Opportunities Ahead Of Earnings

Analyst revises ratings/price forecast on clean energy stocks ahead of earnings release. Highlights key areas to watch for each company.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright technicaltrading.org
Privacy Policy | Terms of Service