The Rundown Trump Pushes Back Enforcement of TikTok Ban, StubHub to Make IPO Debut
20 snips
Sep 17, 2025 The podcast dives into the stock market's calm as it anticipates a possible interest rate cut. Trump stirs the pot by delaying the TikTok ban while Oracle's group seeks control over a U.S. version of the app. The discussion shifts to StubHub's IPO debut amid concerns over growth and profitability. A further twist reveals China favoring domestic tech by blocking NVIDIA chips, creating winners and losers among corporate giants. It's a whirlwind of market shifts and tech drama!
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TikTok Sale Could Keep The App In The U.S.
- The U.S. pushed the TikTok ban deadline to December 16 while a U.S.-led group works to buy TikTok US operations.
- The plan hinges on licensing ByteDance's algorithm and building a U.S.-only app and engineering team.
Algorithm Ownership Is The Core Issue
- TikTok's recommendation algorithm is owned by ByteDance and requires Chinese approval to transfer under Chinese law.
- The proposed workaround is licensing the algorithm and rebuilding a U.S.-only version maintained by American engineers.
Watch StubHub IPO Trading Closely
- StubHub priced its IPO at $23.50 and will trade under ticker STUB on the NYSE today; watch initial trading to gauge investor appetite.
- Evaluate StubHub's weak growth, shrinking margins, and heavy direct-to-consumer marketing before deciding to invest.