United States — White House & MGX

United States — White House: The United States — White House>>> is scrambling to contain the economic and political fallout of the war, considering measures like suspending the federal gas tax.

MGX: MGX, through Abu Dhabi National Oil Company, is a key player in global oil supply and is taking steps to mitigate the impact of the Strait of Hormuz closure.

United States — White House: The United States — White House, through its United States — Office of Management and Budget, executed the reversal of the ban, reflecting the administration's stance.

MGX: MGX, as a participating investor, benefits from the improved regulatory outlook for ByteDance — TikTok Shop's US business.

United States — White House: The United States — White House>>> defended Donald Trump>>>'s approach, stating his preference for peace and diplomacy while ensuring a deal that prioritizes America's interests.

MGX: MGX, through Abu Dhabi National Oil Company, is a key player in global oil supply and is taking steps to mitigate the impact of the Strait of Hormuz closure.

United States — White House: The United States — White House>>> is the executive branch of the United States>>> government, responsible for organizing meetings with AI executives and formulating policies regarding AI regulation and potential government investment.

MGX: MGX co-led a record funding round for OpenAI in March, indicating its role as a significant investor in the AI sector.

United States — White House: Did not comment on the DOJ opinion; involved in the broader policy process.

MGX: Holds a 15% stake in ByteDance — TikTok Shop USDS; benefits from the venture's continued operation and regulatory acceptance.