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Trump Says He Approves TikTok Sale To Silicon Valley’s Oracle

(CNN) — President Donald Trump said Saturday he has approved a deal between TikTok’s parent company, ByteDance, and Oracle, temporarily averting a ban on TikTok in US app stores. The Commerce Department confirmed in a statement Saturday evening that it would delay — by one week — restrictions that were originally to take effect on Sunday. ByteDance will continue to be majority owner of TikTok under the agreement Trump said he approved, according to a person familiar with the matter. Speaking to ...
Tags: Apple, Business, Politics, Texas, Technology, US, California News, Tech, Walmart, Cnn, Larry Ellison, Silicon Valley, US Treasury, Donald Trump, Oracle, Trump


Trump backs proposed deal to keep TikTok operating in US

By STAN CHOE | AP Business Writer NEW YORK — President Donald Trump said Saturday he’s given his “blessing” to a proposed deal that would see the popular video-sharing app TikTok partner with Oracle and Walmart to become a US company. Trump has targeted Chinese-owned TikTok for national security and data privacy concerns. The announcement comes just a day after the Commerce Department announced restrictions that if put in place could eventually make it nearly impossible for TikTok fans to use th...
Tags: Facebook, Business, Politics, New York, Texas, Technology, News, Instagram, China, US, Walmart, Sport, Social-media, Soccer, United States, Commerce


Commerce Department To Ban TikTok, WeChat Downloads In U.S.

(CNN) — The Commerce Department plans to restrict access to TikTok and WeChat on Sunday as the Trump administration’s executive orders against the two apps are set to take effect. The Department said Friday that as of Sunday, any moves to distribute or maintain WeChat or TikTok on an app store will be prohibited. Apple and Google didn’t immediately respond to requests for comment. While users who have already downloaded the apps may be able to continue using the software, the restrictions mean u...
Tags: Apple, Google, Business, Politics, Technology, China, US, Tech, Cnn, Commerce, Tencent, WeChat, Chinese communist party, Oracle, Ross, Trump


Brexit: consortium of companies led by Fujitsu wins £200m Irish Sea contract

Deal is the first concrete implementation of the special arrangements for Northern IrelandA £200m contract to implement Brexit checks on goods in the Irish Sea has been won by a consortium of companies led by Japanese company Fujistu.HMRC announced on Friday that a two-year contract for the new trader support service (TSS) has been awarded to a consortium led by the tech company and its partners, the Customs Clearance Consortium, an organisation run by customs expert Robert Hardy and the Institu...
Tags: Europe, Business, Japan, Politics, Hmrc, European Union, UK News, World news, Asia Pacific, Ireland, Foreign Policy, Northern Ireland, Boris Johnson, Brexit, Tss, Fujitsu


Judge blocks US Postal Service changes that slowed mail

SEATTLE — A U.S. judge on Thursday blocked controversial Postal Service changes that have slowed mail nationwide, calling them “a politically motivated attack on the efficiency of the Postal Service” before the November election. Judge Stanley Bastian in Yakima, Washington, said he was issuing a nationwide preliminary injunction sought by 14 states that sued the Trump administration and the U.S. Postal Service. The states challenged the Postal Service’s so-called “leave behind” policy, where tru...
Tags: Business, Politics, New York, News, Washington, Virginia, Sport, Soccer, Gop, US Postal Service, Nevada, Postal Service, Seattle, Donald Trump, Justice Department, Trump


Judge blocks changes that slowed US mail delivery

SEATTLE — A U.S. judge on Thursday blocked controversial Postal Service changes that have slowed mail nationwide, calling them “a politically motivated attack on the efficiency of the Postal Service” before the November election. Judge Stanley Bastian in Yakima, Washington, said he was issuing a nationwide preliminary injunction sought by 14 states that sued the Trump administration and the U.S. Postal Service. The states challenged the Postal Service’s so-called “leave behind” policy, where tru...
Tags: Business, Politics, New York, News, Washington, Virginia, US, Sport, Soccer, Gop, Nevada, Postal Service, Seattle, Donald Trump, Justice Department, Trump


LA needs more days to have its say on Burbank Airport project, says councilman and city attorney

LOS ANGELES — Los Angeles City Attorney Mike Feuer and Councilman Paul Krekorian said Tuesday that they have requested a 75-day extension for public comment on the Federal Aviation Administration’s environmental report on a proposal to replace the passenger terminal at Hollywood Burbank Airport. “This Burbank Airport project is a big deal, and San Fernando Valley residents deserve a full opportunity to weigh in with their views,” Feuer said. “That’s why I’m calling on the FAA to significantly ex...
Tags: Business, Politics, News, La, California News, Los Angeles, Recommended, Sport, Soccer, Local News, Faa, Federal Aviation Administration, Valley, Burbank, Los Angeles City, Feuer


Trump to approve Oracle Tiktok deal Tuesday: CNBC

The arranged deal in which Donald Trump's political ally and campaign donor Larry Ellison and his company Oracle become the sole U.S. technology provider to Tiktok, from China's ByteDance, is reportedly getting Trump's approval today. The Oracle-Tiktok deal will be announced by the White House on Tuesday afternoon, CNBC reported on Tuesday morning, citing sources. More at CNBC, and Reuters. Larry Ellison's Oracle wants to acquire TikTok: Report TikTok admits secretly b...
Tags: Post, Business, Technology, White House, China, Russia, Tech News, Larry Ellison, Donald Trump, Oracle, Cnbc, Trump, Reuters, Tiktok, Oracle TikTok


Austin-based EmPath’s employee training and re-skilling service snags seed funding from B Capital

By the time Felix Ortiz III left the Army in 2006, the Brooklyn, NY native had spent time taking classes at the City University of New York and St. John’s. Those experiences led him to found ViridisLearning, which aimed to give universities a better way to track student development to help graduates land jobs. Now he’s taken the learnings of that attempt to reshape education into the corporate world and raised over $1 million in financing from investors including B Capital, the investment firm l...
Tags: TC, Facebook, Business, New York, Entrepreneurship, White House, Articles, Startup, Chief executive officer, Tech, Economy, Brooklyn, Commerce, AT&T, Army, Machine Learning


Netflix Allegedly Lose $9 Billion After the Launch of “Cuties”

Websites have been alleging that entertainment platform Netflix has suffered losses of about $9 billion ever since they launched the grotesque child-exploiting film that is Cuties, a development that those with any sense of decency are likely hoping to be true. Directed by Maimouna Doucoure, the film is said to “explore the difficulties being a […]
Tags: Business, Politics, Crime, Movies, Money, Children, International, Netflix, Feminism, Anime, Maïmouna Doucouré


Replace furlough and stop firms 'firing and rehiring', Starmer to tell PM

Labour leader to accuse Boris Johnson of failing to Covid testing right in speech to unionsCoronavirus – latest updatesSee all our coronavirus coverageKeir Starmer is to call on Boris Johnson to replace the furlough scheme and outlaw “firing and rehiring” practices in a speech to union leaders on Tuesday.The Labour leader will also accuse the prime minister of failing to get the basics of coronavirus testing right or formulate a plan for care homes over the summer and of attempting to “re-open o...
Tags: Business, Politics, UK News, Labour, Trade unions, TUC, Boris Johnson, Keir Starmer, British Airways, Starmer, Coronavirus outbreak


Motor manufacturers warn of £100bn losses if no Brexit deal struck

Automotive trade bodies predict wave of job cuts if UK crashes out of the single marketBritish and European motor manufacturers have warned of “catastrophic” £100bn losses in the industry over the next five years if a Brexit trade deal is not struck.As trade talks hang by a thread in the face of a political showdown over the EU withdrawal agreement, sector leaders from across Europe predicted a wave of job losses in both factories and their suppliers if the UK crashes out of the single market. C...
Tags: Europe, Business, Politics, UK, Eu, European Union, UK News, World news, Automotive Industry, Brexit


Ubisoft CEO Apologizes for Company’s Misconduct & Harassment of Employees

CEO of Ubisoft, Yves Guillemot, has issued an official apology ahead of Ubisoft’s Forward livestream presentation regarding the recent misconduct and harassment allegations put forward by multiple individuals against the company. The full video message from Ubisoft CEO Yves Guillemot addressing the controversy surrounding the company for the last couple of months: Earlier in the […]
Tags: Business, Games, Politics, Anime, Ubisoft, Announcements, Yves Guillemot, Ubisoft Yves Guillemot, Ubisoft CEO Apologizes for Company


Los Angeles-Orange County rent hikes take biggest tumble in 10 years

Rent hikes in Los Angeles and Orange counties shrunk by the largest amount in 10 years, according to the Consumer Price Index. The U.S. Bureau of Labor Statistics’ CPI shows the local cost of renting rose at a 3.1% annual rate in August vs. 5.5% a year earlier. That’s the largest one-year drop since 2010. The CPI tracks rental costs by polling consumers on they’re spending habits vs. other measurements that come from landlord surveys seeking asking rents. Industry stats show landlords offering f...
Tags: Business, Real Estate, News, California, Cdc, Housing, White House, Los Angeles, Sport, Economy, Soccer, Rent, Seattle, Orange, Bay Area, San Bernardino


Japan trade deal is small beer – but a welcome distraction

Agreement offers more for its symbolism than what Britain stands to gain economicallyThe international trade secretary, Liz Truss, said it was a historic moment and in a way it was. For the first time since leaving the EU, Britain has struck a free trade deal and with the world’s third biggest economy – Japan – at that.In practical terms, the agreement is small beer. On the government’s own estimates, the impact will be to boost the size of the UK economy by £1.5bn. Given that Britain’s annual o...
Tags: Europe, Business, Japan, Politics, UK, Economics, European Union, UK News, World news, Britain, Asia Pacific, Liz Truss, Trade Policy, EU Britain


UK government hails 'historic' trade deal with Japan

Agreement in principle comes as Britain races to secure deals before Brexit transition endsJapan and the UK have agreed a “historic” free trade deal, as Britain races to secure easy access to overseas markets as it prepares to leave the European Union.“This is a historic moment for the UK and Japan as our first major post-Brexit trade deal,” Liz Truss, the international trade secretary, said after a video call with the Japanese foreign minister, Toshimitsu Motegi, on Friday. Continue reading...
Tags: Business, Japan, Politics, UK, International Trade, European Union, UK News, World news, Britain, Asia Pacific, Foreign Policy, Brexit, Liz Truss, Toshimitsu Motegi


Covid vaccine: '8,000 jumbo jets needed' to deliver doses around world

Industry body IATA warns of capacity shortage for ‘biggest aviation challenge ever’Shipping a coronavirus vaccine around the world will be the airline industry’s biggest ever challenge, requiring the equivalent of 8,000 jumbo jet planes to get a single dose to 7.8 billion people, according to the aviation industry.The International Air Transport Association warned of severe capacity constraints that could hamper efforts to get a vaccine out quickly around the globe. While drugmakers are racing t...
Tags: Business, Politics, World news, Air transport, Transport, Airline Industry, Transport policy, IATA, International Air Transport Association, Couriers/delivery industry, Coronavirus outbreak


We have too few planes to deliver any Covid-19 vaccine, warns aviation group

IATA flags up logistical constraints saying 8,000 jumbo jets needed for ‘biggest aviation challenge ever’Shipping a coronavirus vaccine around the world will be the airline industry’s biggest-ever challenge, requiring the equivalent of 8,000 jumbo jet planes to get a single dose to 7.8 billion people, according to the aviation industry.The International Air Transport Association warned of severe capacity constraints that could hamper efforts to get a vaccine out quickly around the globe. While d...
Tags: Business, Politics, World news, Air transport, Transport, Airline Industry, Transport policy, IATA, International Air Transport Association, Couriers/delivery industry, Coronavirus outbreak


Gov. Newsom Signs Law Offering Credits To Small Businesses Hurt By Pandemic

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Tags: Business, Politics, News, California, California News, Sacramento, Small Businesses, Salinas, Gavin Newsom, Gardena, Newsom, Sen Steven Bradford, Anna Caballero, Coronavirus, Wednesday Newsom


Do you feel sorry for first year university students?

“It was the best of times, it was the worst of times.” Said by Dickens many years ago but with eerie relevance to our current situation.The global pandemic is itself an overwhelming health tragedy. Moreover, it has laid bare so many other local, national, and global issues that have been simmering beneath the surface. To name but a few: health systems that treat the sick—if they can afford it—rather than social systems that maintain and promote health; online communities that replace a sense of ...
Tags: Europe, Books, Business, Politics, UK, Featured, Law, Finance, Economics, History, Critical Thinking, Higher Education, Language, Vietnam, Newton, University of Edinburgh


Business leaders warn Boris Johnson that Brexit deal is essential

Government told failure will damage UK economy as critical negotiations beginBusiness leaders have warned Boris Johnson that securing a Brexit deal is essential for safeguarding Britain’s economic recovery from the coronavirus outbreak and avoiding higher prices in the shops for British consumers.Sounding the alarm after the prime minister said no deal would be a “good outcome” for Britain and confirmed plans that could undermine the government’s commitment to the EU withdrawal agreement, busine...
Tags: Europe, Business, Politics, UK, Economics, Eu, European Union, UK News, Euro, Britain, Foreign Policy, Currencies, Dollar, Economic policy, Boris Johnson, Sterling


Softbank's $4bn profit on US tech bets hasn't impressed investors | Nils Pratley

Masayoshi Son looks like a gambler on a lucky streak so it’s no wonder shares in his firm were down 7%Would you trust Masayoshi Son, the man who did so much to promote and finance the WeWork silliness, to take huge short-term punts on your behalf on the value of US technology stocks?Retail shareholders in Softbank, the Japanese firm founded and led by Son, clearly do not. Softbank’s value fell by almost $9bn (£6.8bn), or 7%, on the Tokyo market on Monday after the company was revealed over the w...
Tags: Business, Japan, Politics, Technology, Softbank, US, European Union, UK News, World news, Retail industry, Stock Markets, Currencies, Tokyo, WeWork, Son, Sterling


Extend UK furlough or risk job cuts and loss of key skills, warn manufacturers

Long-term competitiveness at risk if scheme ends for critical industrial sectors, says Make UKThe government’s furlough scheme must be extended for critical sectors of British industry or the country risks losing key skills as it recovers from the pandemic, according to the UK’s foremost manufacturing group.Make UK is joining calls for the government to change its mind about ending the coronavirus job retention scheme in the autumn, after a survey of its members showed almost two-thirds (62%) of...
Tags: Business, Politics, UK, Economics, UK News, Economic policy, Economic recovery, Job losses, Manufacturing sector, Economic growth (GDP, Coronavirus outbreak, UK job furlough scheme


Extend UK furlough or risk job cuts and loss of key skills, say manufacturers

Long-term competitiveness at risk if scheme ends for critical industrial sectors, says Make UKThe government’s furlough scheme must be extended for critical sectors of British industry or the country risks losing key skills as it recovers from the pandemic, according to the UK’s foremost manufacturing group.Make UK is joining calls for the government to change its mind about ending the coronavirus job retention scheme in the autumn, after a survey of its members showed almost two-thirds (62%) of...
Tags: Business, Politics, UK, Economics, UK News, Economic policy, Economic recovery, Job losses, Manufacturing sector, Economic growth (GDP, Coronavirus outbreak, UK job furlough scheme


Rental eviction bans may topple homebuying’s recovery

“The stability of the entire rental housing sector is thrown into question.” Those are not my words, but I concur. Doug Bibby, president of the National Multifamily Housing Council, wonders how his industry will survive after a week that saw California and President Donald Trump temporarily ban evictions, pushing off a landlord’s ability to toss out non-paying tenants until next year. The coronavirus has made the landlord business difficult in numerous ways — and it’s getting worse with no simpl...
Tags: Business, Real Estate, News, California, Cdc, Housing, White House, New York City, California News, Sport, Soccer, Rent, Federal Reserve, Donald Trump, Zillow, Southern California


Will rental eviction bans topple homebuying’s recovery?

“The stability of the entire rental housing sector is thrown into question.” Those are not my words, but I concur. Doug Bibby, president of the National Multifamily Housing Council, wonders how his industry will survive after a week that saw California and President Donald Trump temporarily ban evictions, pushing off a landlord’s ability to toss out non-paying tenants until next year. The coronavirus has made the landlord business difficult in numerous ways — and it’s getting worse with no simpl...
Tags: Business, Real Estate, News, California, Cdc, Housing, White House, New York City, California News, Sport, Soccer, Rent, Federal Reserve, Donald Trump, Zillow, Southern California


UK businesses demand urgent talks over fears of Brexit border chaos

Firms trading with EU want ministers to address major gaps in supply chain preparationsBusinesses trading with the EU are demanding an urgent meeting with government ministers over concerns there are significant gaps in the UK’s Brexit border preparations.Eight logistics organisations have written to say they fear the supply chain that keeps supermarket shelves stocked daily will be severely disrupted next year if issues are not resolved before Brexit. Continue reading...
Tags: Europe, Business, Politics, UK, Eu, European Union, UK News, World news, Supermarkets, Retail industry, Foreign Policy, Food & drink industry, Brexit


Southern California cities can soon object to giant increases in housing goals

Southern California cities facing enormous increases in the number of homes the state wants them to build over the next decade soon will be able to appeal their “RHNA allocations” under a massive transportation and land-use plan adopted Thursday, Sept. 3. Meeting virtually over Zoom, the Southern California Association of Governments, or SCAG, voted unanimously to approve its “Connect SoCal” plan, which among many other things seeks to encourage higher-density housing near jobs and mass transit ...
Tags: Business, Real Estate, News, California, Cdc, Housing, White House, Sport, Soccer, Long Beach, Housing Crisis, Local News, Orange County, Southern California, Affordable Housing, Ventura


Prevent 'tsunami' of job losses when furlough ends, TUC urges Sunak

UK should adopt German-style wage support for short-time working, unions say Coronavirus – latest updatesSee all our coronavirus coverageRishi Sunak has been urged by union leaders to launch a wage subsidy scheme to prevent a “tsunami” of unemployment when furlough comes to an end this autumn.Demanding the chancellor follows the examples of other leading European countries to avert a looming jobs crisis, the Trades Union Congress said a continental-style system of “short-time working” wage suppo...
Tags: Business, Politics, UK, Money, Economics, UK News, Work & careers, Britain, Unemployment, Trade unions, TUC, Frances O'grady, Trades Union Congress, Rishi Sunak, Coronavirus outbreak, UK job furlough scheme


15-year fixed mortgages drop to record lows

Thirty-year fixed mortgage rates rose slightly in the week ending Thursday, Sept. 3, but still were at their third-lowest level in records dating back 49 years, according to Freddie Mac. The 15-year, fixed-rate mortgage, however, fell to an all-time low in records covering the past three decades. “For real estate markets, low mortgage rates remain a potent fuel, driving demand and keeping purchasing activity rolling,” George Ratiu, a senior economist at Realtor.com, told the Washington Post. “Ho...
Tags: Business, Real Estate, News, California, Washington Post, Cdc, Housing, White House, Sport, Soccer, Mortgage, Freddie Mac, FHA, Mortgage Bankers Association, George Ratiu, Top Stories LADN



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