The delay was inevitable given Trump’s promise that a deal is nearly finalised for the ByteDance-owned platform’s US assets.
Read more: TikTok US ban delayed again as deal for US assets underway
US-UK tech ties are deepening as US Big Techs promise to invest billions in the UK.
Read more: OpenAI, Microsoft pledge billions for UK AI as Trump visit continues
The acquisition will enable the organisation to extend its AI capabilities.
Read more: Workday to buy AI company Sana for $1.1bn
‘We continually evaluate our real estate footprint to ensure we are operating efficiently’, the company said, hinting at a possible reason behind the closure.
Read more: US finance giant BNY to close Cork office employing 200
The new feature will enable users to send and receive money ‘as easily as sending a text, across apps, borders and currencies’.
Read more: PayPal launches new peer-to-peer payment feature
We can expect a flurry of tech announcements in the coming days as Donald Trump visits the UK, reportedly accompanied by Nividia and OpenAI CEOs. Google is first out of the blocks.
Read more: Google announces £5bn UK investment as details of UK-US ‘tech pact’ awaited
The new deal could bring the platform’s ownership to the US, treasury secretary Scott Bessent said.
Read more: US, China nearly finalise deal on TikTok
The probe surrounds Nvidia’s acquisition of Mellanox Technologies, which China conditionally approved in 2020.
Read more: China finds Nvidia broke antitrust law over acquisition deal
A survey from Deloitte of businesses participating in Ireland’s Best Managed Companies programme finds two-thirds deploying AI, while one-third see talent and rising costs as key concerns.
Read more: Talent, rising costs, AI key concerns for leading Irish businesses – survey