1 00:00:01,720 --> 00:00:04,720 Speaker 1: News when you wanted with Bloomberg News. Now, I'm Doug Prisner. 2 00:00:05,040 --> 00:00:08,200 Speaker 1: TikTok has restored service in the US after a brief 3 00:00:08,280 --> 00:00:11,680 Speaker 1: outage earlier. This move comes after President elect Trump said 4 00:00:12,000 --> 00:00:14,360 Speaker 1: he plans to extend the deadline for the app to 5 00:00:14,400 --> 00:00:17,680 Speaker 1: comply with US law. You might recall last Friday, the 6 00:00:17,680 --> 00:00:22,000 Speaker 1: Supreme Court unanimously upheld the law. It requires TikTok's Chinese 7 00:00:22,040 --> 00:00:27,080 Speaker 1: parent to sell the app and its US operations by today. However, 8 00:00:27,120 --> 00:00:30,280 Speaker 1: Trump said he's going to give TikTok owners three months 9 00:00:30,680 --> 00:00:33,199 Speaker 1: to find a buyer, and he's aiming to facilitate a 10 00:00:33,280 --> 00:00:38,000 Speaker 1: joint venture with new US based owners purchasing fifty percent 11 00:00:38,200 --> 00:00:41,479 Speaker 1: of TikTok. Here is Trump, speaking earlier at a rally 12 00:00:41,479 --> 00:00:42,400 Speaker 1: in Washington, DC. 13 00:00:43,159 --> 00:00:46,000 Speaker 2: We need to save TikTok because we're talking about a 14 00:00:46,040 --> 00:00:50,000 Speaker 2: tremendous who in this audience goes with TikTok. 15 00:00:50,200 --> 00:00:53,320 Speaker 3: Mane very popular. 16 00:00:55,240 --> 00:00:58,720 Speaker 2: And frankly, we have no choice. We have to save it. 17 00:00:58,760 --> 00:00:59,560 Speaker 2: A lot of jobs. 18 00:01:00,080 --> 00:01:01,840 Speaker 3: We don't want to give our business to China. 19 00:01:01,880 --> 00:01:04,000 Speaker 2: We don't want to give our business to other people. 20 00:01:04,280 --> 00:01:07,360 Speaker 1: Trump speaking there at a rally at the Capital One 21 00:01:07,400 --> 00:01:11,319 Speaker 1: Arena in Washington Now some lawmakers are saying fifty percent 22 00:01:11,440 --> 00:01:14,240 Speaker 1: US ownership would violate the law, and they say full 23 00:01:14,319 --> 00:01:18,840 Speaker 1: divestiture from the Chinese Communist Party is necessary. And you 24 00:01:18,880 --> 00:01:21,959 Speaker 1: can stay with Bloomberg Radio and TV for live coverage 25 00:01:22,000 --> 00:01:25,640 Speaker 1: of the inauguration. It all begins tomorrow morning at eleven 26 00:01:25,640 --> 00:01:28,319 Speaker 1: a m. Wall Street time. One of the highest ranking 27 00:01:28,360 --> 00:01:31,240 Speaker 1: officials in the Chinese Communist Party will be at the 28 00:01:31,280 --> 00:01:35,440 Speaker 1: inauguration of Donald Trump. Vice President Han Jung will attend 29 00:01:35,480 --> 00:01:39,440 Speaker 1: as a special representative of Chinese President Chi Jinping Now. 30 00:01:39,480 --> 00:01:43,000 Speaker 1: Trump had invited she to the ceremony. Earlier, on Sunday, 31 00:01:43,080 --> 00:01:46,600 Speaker 1: Vice President elect JD. Vance met with Han. The Washington 32 00:01:46,640 --> 00:01:49,520 Speaker 1: Post quotes a transition team statement saying the two men 33 00:01:49,560 --> 00:01:55,040 Speaker 1: discussed fentanyl, balancing trade, and regional stability. Meantime, Chinese state 34 00:01:55,080 --> 00:01:58,520 Speaker 1: media is reporting Han also met with Elon Musk, and 35 00:01:58,680 --> 00:02:02,280 Speaker 1: Musk said that TESLA is willing to deepen investment in China. 36 00:02:02,440 --> 00:02:06,080 Speaker 1: We go to Gaza next, where three female Israeli hostages 37 00:02:06,160 --> 00:02:09,760 Speaker 1: have been freed as the ceasefire between Israel and Tomas 38 00:02:09,800 --> 00:02:13,239 Speaker 1: takes effect after fifteen months of war, and now the 39 00:02:13,280 --> 00:02:18,120 Speaker 1: Associated Press is reporting Israel has freed ninety Palestinian prisoners 40 00:02:18,160 --> 00:02:22,040 Speaker 1: and detainees. President Biden spoke earlier with reporters. 41 00:02:22,600 --> 00:02:26,480 Speaker 2: Today's ceasefire and Gaza and the release of hostages is 42 00:02:26,520 --> 00:02:29,440 Speaker 2: a result of a principle and effective policy that we 43 00:02:30,280 --> 00:02:33,440 Speaker 2: preside over for months, and we got here without a 44 00:02:33,440 --> 00:02:36,320 Speaker 2: wider war in the Middle East than many predicted, and 45 00:02:36,360 --> 00:02:39,440 Speaker 2: now falls the next administration to help him implement this deal. 46 00:02:39,600 --> 00:02:42,800 Speaker 1: That is President Biden speaking earlier in South Carolina, where 47 00:02:42,800 --> 00:02:47,200 Speaker 1: he attended an MLK Day celebration. It's a holiday shortened 48 00:02:47,200 --> 00:02:50,200 Speaker 1: trading week in the US and the economic calendar is light. 49 00:02:50,520 --> 00:02:52,600 Speaker 1: Bloomberg's Karen Moscow has a preview. 50 00:02:52,680 --> 00:02:54,960 Speaker 3: The markets are closed Monday and observant of the Martin 51 00:02:55,040 --> 00:02:58,000 Speaker 3: Luther King Junior Federal holiday. Monday's also the start of 52 00:02:58,000 --> 00:03:01,120 Speaker 3: the World Economic Forum in Davos. Tuesday, beget earnings from 53 00:03:01,160 --> 00:03:04,400 Speaker 3: Netflix leading indicators around Wednesday. Thursday, we get the weekly 54 00:03:04,440 --> 00:03:07,079 Speaker 3: report on initial job as claims, and it is busy 55 00:03:07,120 --> 00:03:10,760 Speaker 3: Friday with consumer sentiment from the University of Michigan, Existing 56 00:03:10,800 --> 00:03:15,480 Speaker 3: home sales and SMP Manufacturing and Services PMI. Karen Moscow, 57 00:03:15,520 --> 00:03:16,440 Speaker 3: Bloomberg Radio. 58 00:03:16,880 --> 00:03:20,720 Speaker 1: Snow is falling across much of the Northeast Bloomberg's Charlie 59 00:03:20,720 --> 00:03:24,040 Speaker 1: Pellett is watching snow removal efforts in the Forest Hills 60 00:03:24,080 --> 00:03:25,680 Speaker 1: neighborhood of Queens, New York. 61 00:03:28,080 --> 00:03:30,359 Speaker 4: I've been out for only a few minutes, but already 62 00:03:30,360 --> 00:03:33,320 Speaker 4: I've seen at least half a dozen snowplows going by. 63 00:03:33,800 --> 00:03:37,240 Speaker 4: I'm on Queens Boulevard, which is a major thoroughfare connecting 64 00:03:37,320 --> 00:03:40,520 Speaker 4: New York City with Nassau County. And while the snow 65 00:03:40,640 --> 00:03:44,200 Speaker 4: is falling, I'm watching merchants cleaning off the space in 66 00:03:44,200 --> 00:03:47,080 Speaker 4: front of their stores. And as soon as they get done, 67 00:03:47,200 --> 00:03:50,080 Speaker 4: they got to start all over again. In New York 68 00:03:50,320 --> 00:03:52,840 Speaker 4: Charlie Pellett's Bloomberg Radio, we go. 69 00:03:52,840 --> 00:03:56,120 Speaker 1: To the NFL next, where the divisional playoffs have wrapped up. 70 00:03:56,480 --> 00:03:59,880 Speaker 1: The Philadelphia Eagles have defeated the Los Angeles Rams twenty 71 00:03:59,840 --> 00:04:02,960 Speaker 1: eight twenty two, and now the Eagles will advance to 72 00:04:03,000 --> 00:04:07,600 Speaker 1: the NFC Championship Game to face the Washington Commanders. Meantime, 73 00:04:07,600 --> 00:04:10,760 Speaker 1: the Buffalo Bills have defeated the Baltimore Ravens twenty seven 74 00:04:10,800 --> 00:04:13,720 Speaker 1: to twenty five, and the Bills will advance to the 75 00:04:13,760 --> 00:04:18,520 Speaker 1: AFC Championship Game to face the defending Super Bowl champion 76 00:04:18,760 --> 00:04:21,960 Speaker 1: Kansas City chiefs, and that is news when you want it, 77 00:04:22,000 --> 00:04:24,520 Speaker 1: with Bloomberg News. Now, I'm Doug Chrisner, and this is 78 00:04:24,520 --> 00:04:25,039 Speaker 1: Bloomberg