Saturday, January 24, 2026 - TikTok Ownership Shifts, Amazon Cuts, and Concert Economy Booms

Good evening, I'm here with your news summary for Saturday, January twenty-fourth, twenty twenty-six. From major tech industry shakeups to political developments and market movements, we have significant stories shaping the weekend news cycle.

1. TikTok Undergoes Major Ownership Restructuring in United States

The popular social media platform TikTok has completed a significant ownership change in the U.S., with non-Chinese investors now controlling approximately eighty percent of American operations. ByteDance retains just under twenty percent ownership, while new investors gain licensing rights to the platform's powerful recommendation algorithm.

Source: The Times of India

2. President Trump Engages in Federal Reserve Independence Debate

Meanwhile, political tensions are rising as President Trump continues his public dispute with the Federal Reserve over central bank independence. Analysts suggest this confrontation goes beyond traditional monetary policy disagreements, highlighting deeper questions about the Fed's expansive role and internal conflicts within the institution.

Source: Nakedcapitalism.com

3. Taiwan's Qisda Invests One Hundred Million in Audio Technology

In global markets news, Taiwan-based Qisda Corporation has announced a strategic investment worth one hundred and one million U.S. dollars to acquire a thirty-five percent stake in Eastech Holdings. This major acquisition signals the company's ambitious push into the high-value acoustic and audiovisual speaker systems industry.

Source: Digitimes

4. College Hockey Game Postponed Due to Extreme Weather Conditions

Turning to sports, Saint Norbert College has postponed its Friday night hockey game due to dangerously bitter cold temperatures in Wisconsin. The Assistant Athletic Director announced the decision via email, prioritizing player and spectator safety during the severe weather conditions affecting the region.

Source: Wearegreenbay.com

5. India's Concert Economy Experiences Seventeen Percent Growth Surge

Finally, in entertainment news, India's live events industry is booming with a seventeen percent rise in twenty twenty-five, driven primarily by Generation Z and millennial audiences. Young consumers are increasingly prioritizing live experiences over material purchases, creating a thriving concert economy that's attracting significant investment and attention.

Source: CNBC

That wraps up today's news summary. Thank you for staying informed with us, and we'll have more updates as stories develop throughout the weekend.