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As Biden warns of an ’oligarchy,’ Trump will be flanked by tech billionaires at his inauguration

  • Donald Trump will be inaugurated as US President again on Tuesday NZT, and his administration plans a large immigration raid in Chicago starting the day after his inauguration, as reported by the Wall Street Journal.
  • The Supreme Court upheld a federal law that bans TikTok unless its parent company, ByteDance Ltd., sells it to an approved buyer, ending a legal battle over national security and free speech rights.
  • Trump's incoming border tsar, Tom Homan, stated that deportation operations would start in Chicago, threatening prosecution against the Chicago mayor if he obstructs these efforts, according to the Journal.
  • The legislation upheld by the Supreme Court allows ByteDance nine months to sell TikTok, with new users unable to download the app starting Sunday, as noted by the Justice Department.
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Market Screener broke the news in on Thursday, January 16, 2025.
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