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White House at a Total Fucking Loss to Explain Trump's TikTok Shakedown

No one in the White House has any idea what the fuck Donald Trump was talking about when he suggested that the U.S. Treasury should get a slice of any deal for Microsoft to buy TikTok.Read more...
Tags: Apps, Science, Technology, Microsoft, Privacy, White House, China, Cybersecurity, Espionage, Donald Trump, Trump, U S Treasury, CFIUS, Tiktok, Committee On Foreign Investment In The US, Repeat After Me B R I B E


ByteDance CEO Says Trump's Real Goal Is To Kill Off TikTok

A U.S. investigation into ByteDance's TikTok is really intended to smother a Chinese-owned app that's become a sensation with Americans, founder Zhang Yiming told employees in China Tuesday. From a report: In his second missive to the troops in as many days, the billionaire entrepreneur said a government probe into the company's 2017 purchase of Musical.ly, -- TikTok's progenitor -- was intended to spur a complete shutout. Escalating U.S.-China tensions had prompted American politicians to warn ...
Tags: Microsoft, White House, China, Tech, Beijing, Donald Trump, Trump, Zhang, U S, Zhang Yiming, Bytedance, Tiktok, U S TikTok


Apple Has Reportedly Expressed 'Serious Interest' in Purchasing TikTok [Denied]

Apple has expressed interest in purchasing video-sharing social media platform TikTok, according to Axios' Dan Primack:Multiple sources tell me that Apple has expressed interest, albeit no sources inside of Apple, and that at least one other strategic has expressed interest. Yes, it would be an unusual deal for Apple, given that TikTok is a cross-platform app, and a bigger political headache than Tim Cook may want (both here and in China). But if anyone has the cash on hand...In a follow-up tw...
Tags: Apple, Featured, China, United States, Tim Cook, Donald Trump, Trump, U S Treasury, Dan Primack, Primack, Axios, Tiktok


TikTok row: China hits out at US 'smash and grab' as tech dispute deepens

Foreign affairs spokesman accuses US of hypocrisy and editorial in state-run newspaper decries choice between submission at ‘mortal combat’The US has offered China the “choice of submission or mortal combat in the tech realm”, state media in Beijing have said, as the two rival powers manoeuvred on the thorny issue of splitting up TikTok.The popular video-sharing app has joined Huawei to become a technology flashpoint, with Chinese officials and media rushing to defend it following Donald Trump’s...
Tags: Technology, China, US, World news, US news, Beijing, Asia Pacific, Donald Trump, Huawei, Tiktok


TikTok: China hits out at US 'smash and grab' as tech row deepens

Foreign affairs spokesman accuses US of hypocrisy and editorial in state-run newspaper decries choice between submission at ‘mortal combat’The US has offered China the “choice of submission or mortal combat in the tech realm”, state media in Beijing have said, as the two rival powers manoeuvred on the thorny issue of splitting up TikTok.The popular video-sharing app has joined Huawei to become a technology flashpoint, with Chinese officials and media rushing to defend it following Donald Trump’s...
Tags: Technology, China, US, World news, US news, Beijing, Asia Pacific, Donald Trump, Huawei, Tiktok


China will not accept 'theft' of TikTok by Trump and the U.S, reports state-run China Daily

China isn't prepared to accept the “theft” of Chinese technology company TikTok, and has the capability to respond to Trump's move to push ByteDance to sell short-video app TikTok’s U.S. operations to Microsoft, state-controlled China Daily newspaper said on Tuesday. From Reuters: The United States’ “bullying” of Chinese tech companies was a consequence of Washington’s zero-sum vision of “American first” and left China no choice but “submission or mortal combat in the tech realm”, the state-...
Tags: Post, Business, Technology, News, Microsoft, Washington, China, United States, Donald Trump, China Daily, Trump, Reuters, State, Microsoft Corp, Reuters Microsoft, Mike Pompeo


Trump Admin Moves to Boot GOP FCC Commissioner Who Hinted Its Social Media Order Is 'Gibberish'

The White House has yanked its nomination to give GOP Federal Communications Commissioner Mike O’Rielly another term at the agency, offering no explanation as to why.Read more...
Tags: Facebook, Twitter, Politics, Science, Technology, Fcc, Youtube, White House, Social Media, Federal Communications Commission, Donald Trump, Free Speech, Tech Policy, Section 230, Mike O'Rielly, Mike Orielly


Daily Crunch: Microsoft-TikTok acquisition inches closer to reality

A possible Microsoft -TikTok acquisition is causing plenty of drama, we review Google’s new budget Pixel and SpaceX’s Crew Dragon returns to Earth. Here’s your Daily Crunch for August 3, 2020. Microsoft-TikTok acquisition inches closer to reality This weekend, Microsoft confirmed reports that it’s in talks to acquire TikTok, the popular mobile video app currently owned by Chinese company ByteDance. It sounds like the outcome of those talks may ultimately have less to do with Microsoft and m...
Tags: Google, Social, Mobile, Facebook, Spacex, Microsoft, Satya Nadella, Tech, Nasa, Earth, Policy, Netflix, United States, Treasury, Federal Reserve, Donald Trump


Trump Demands Microsoft Pay Off the U.S. Treasury to Secure TikTok Deal

Donald Trump is demanding the U.S. government somehow get a juicy cut of any deal for Microsoft to buy Chinese-owned video app TikTok—or else.Read more...
Tags: Security, Apps, Music, Science, Technology, Microsoft, Privacy, China, Espionage, Donald Trump, U S Treasury, Bytedance, Tiktok, Trump Demands Microsoft


Microsoft's next big policy battle could be over its ties to China, as a GOP adviser calls on the tech titan to divest its Chinese holdings amid TikTok talks (MSFT)

Microsoft confirmed the company is exploring a deal to buy TikTok's operations in several countries including the US. President Donald Trump has threatened to ban the app over concerns including national security. Those concerns could affect Microsoft's bid. White House trade adviser Peter Navarro on Monday questioned Microsoft's relationship with China, suggesting the company should divest its Chinese holdings. China is home to Microsoft's largest R&D center outside the US, and its ties to th...
Tags: Google, Microsoft, White House, China, Satya Nadella, US, Trends, Gop, United States, Xi Jinping, Bill Gates, Xiaomi, Baidu, Seattle, Donald Trump, Signal


What Microsoft should demand in exchange for its ‘payment’ to the US government for TikTok

In one of the crazier news stories (and in 2020, that is saying something), President Donald Trump said today during a media availability event that in order for the U.S. government to sign off on a potential Microsoft/TikTok deal, “a very substantial portion of that price is going to have to come into the Treasury of the United States,” based on my colleague Alex Wilhelm’s rough transcript. Trump calls TikTok a hot brand, demands a chunk of its sale price That seems nearly impossible to a...
Tags: Facebook, Apps, Microsoft, California, Government, China, Satya Nadella, US, Tech, Policy, United States, Treasury, Capitol Hill, Donald Trump, Federal Trade Commission, Ftc


This chart shows how a Microsoft acquisition of TikTok for $50 billion would stack up against tech's largest deals ever (MSFT)

Microsoft is in talks to purchase TikTok, the massively popular video app that's owned and operated by the Chinese company ByteDance. The purchase talks come amid threats from President Donald Trump to ban the app in the United States. Trump says the app funnels user information to the Chinese government, and must be operated by an American company to ensure the safety of user information. The cost to purchase TikTok could be as high as $50 billion, according to a recent valuation reported by...
Tags: Apple, Google, Amazon, Motorola, Facebook, Adobe, Microsoft, Softbank, Nokia, Satya Nadella, US, Trends, Linkedin, Cisco, Walmart, Intel


FCC Chair Says Agency Will Take Public Comment on Trump Social Media Petition

The Federal Communications Commission will take public comment for 45 days on a petition filed by the Trump administration seeking new transparency rules in how social media companies moderate content, FCC Chairman Ajit Pai said on Monday. From a report: Pai rejected calls from Democrats that he summarily dismiss the petition without public comment. The decision came after President Donald Trump directed the Commerce Department's National Telecommunications and Information Administration (NTIA) ...
Tags: Google, Fcc, Congress, Tech, Federal Communications Commission, Donald Trump, Pai, Trump, Twitter Inc, Twitter Facebook, Starks, Ajit Pai, Geoffrey Starks, Trump Social Media Petition


Trump calls TikTok a hot brand, demands a chunk of its sale price

Today the President appeared to bless the budding Microsoft-TikTok deal, continuing his evolution on a possible transaction. After stating last Friday that he’d rather see TikTok banned than sold to a US-based company, Trump changed his tune over the weekend. TikTok is owned by China-based company ByteDance, which owns a portfolio of apps and services. A weekend phone call between Satya Nadella, the CEO of Microsoft, and the American prime appeared to change his mind, leading to the software ...
Tags: TC, Microsoft, Government, China, Satya Nadella, US, Tech, Policy, United States, M&a, Treasury, Donald Trump, Trump, Nadella, Bytedance, Tiktok


TikTok ponders HQ in London after Donald Trump's hostility

Video app’s owner ByteDance already has 800 of its European workforce in UK and IrelandThe Chinese firm behind the TikTok video app is weighing up plans to open a headquarters in London, with Boris Johnson reportedly prepared to risk Donald Trump’s anger by rolling out the red carpet for the company.The US president has been openly hostile to TikTok, amid widespread concern in the country about Chinese companies’ ties to the Communist party and the risk posed to customers’ personal information. ...
Tags: Apps, Business, UK, Technology, London, Media, China, US, Social Media, UK News, Digital Media, Boris Johnson, Donald Trump, Communist Party, Tiktok


Trump Targets TikTok

What to expect when you're expecting a trade war.
Tags: Technology, Law, Government, Donald Trump, Quote Of The Day, Tiktok


Microsoft confirms it’s seeking to buy U.S. arm of TikTok

Microsoft confirmed Sunday it is in talks with Chinese company ByteDance to acquire the U.S. arm of its popular video app TikTok and has discussed with President Donald Trump his concerns about security and censorship surrounding such an acquisition. In a statement, Microsoft said Microsoft and ByteDance have provided notice of their intent to explore a deal resulting in Microsoft owning and operating the TikTok service in the U.S., Canada, Australia and New Zealand. The company said it expects ...
Tags: Europe, Business, Technology, Media, Microsoft, Congress, Abc, California, White House, China, Satya Nadella, Sport, Soccer, United States, New Zealand, Treasury


Facebook, Google, and the US government each have their own reasons to make you believe that TikTok is scary — but they're all self-serving

President Trump and the US government have been considering a ban on TikTok over long-held concerns regarding its ties to China, and its access to user data and influence over content moderation. The threat of a TikTok ban would mean that the app's massive US userbase, estimated to be near 80 million, is up for grabs, and US tech companies are already capitalizing with new apps and formats borrowing from TikTok's viral short-form video format. Concerns over national and data security are level...
Tags: Google, Facebook, Mark Zuckerberg, Instagram, Congress, China, US, America, Trends, Linkedin, Silicon Valley, Fox News, Donald Trump, Zuckerberg, Trump, State


Cannabis, Lies and Foreign Cash: A Mother and Daughter’s Journey Through the Underground Mask Trade

This story first appeared at ProPublica. ProPublica is a Pulitzer Prize-winning investigative newsroom. Sign up for The Big Story newsletter to receive stories like this one in your inbox. In late April, as an escalating pandemic shut down most of the country and the federal government shelled out billions of dollars to untested contractors for protective masks, Juanita Ramos got a call from a friend in the marijuana business. Her friend and some other ganjapreneurs were buzzing over a potenti...
Tags: Google, Florida, UK, Texas, London, News, Colorado, California, Washington, White House, Massachusetts, Alabama, Linkedin, Atlanta, Chicago, Austin


Facebook moderators call for advertiser boycott to be extended

Action needs long-term commitments to be is more than ‘PR stunt’, employees sayCurrent and former Facebook moderators have called for the unprecedented advertiser boycott of the site to be extended to prove that the action is more than a “PR stunt”.Speaking to the Guardian, one current moderator who asked to remain anonymous because they feared for their job, said that without long-term commitments, this was a “PR stunt that will pass when they get enough of the reports that they want”. Continue...
Tags: Facebook, Mark Zuckerberg, Technology, Media, Social Networking, Advertising, Unilever, World news, Donald Trump


Mark Zuckerberg and Jeff Bezos got $14 billion richer in a single day as Facebook and Amazon shrugged off the coronavirus recession (AMZN, FB)

Amazon, Apple, and Facebook all reported blowout earnings on Thursday.  The companies' stock prices all soared following the reports, helping executives continue their winning streak.  But as a whole, the US economy is reeling from record job losses and shrinking GDP figures.  Visit Business Insider's homepage for more stories. You'd never know there's a recession gripping the US economy by the looks of mega-cap tech stocks. On Friday alone, some of the wealthiest executives added billions to...
Tags: Apple, Amazon, Facebook, Mark Zuckerberg, Cook, US, Trends, Bloomberg, House Of Representatives, Tim Cook, Silicon Valley, The New York Times, Jeff Bezos, Donald Trump, Amazon Apple, Facebook Amazon


TikTok row: Microsoft pursues deal as China vows to resist US sanctions

Acquisition plans confirmed hours after US secretary of state says Chinese software firms are feeding data directly to Communist partyChina has pushed back against the threat of further action by the US against its software companies, after Microsoft revealed it was pursuing an acquisition deal for TikTok.On Sunday, the US secretary of state, Mike Pompeo, told Fox News Donald Trump was likely to take unspecified action in the coming days. Continue reading...
Tags: Technology, Microsoft, China, US, Social Media, World news, US news, US politics, Donald Trump, Acquisition, State, Mike Pompeo, Fox News Donald Trump, Tiktok


Pompeo says U.S. may take action against TikTok and other Chinese tech companies “shortly”

Days after President Donald Trump announced he could use an executive order to ban TikTok from the United States, Secretary of State Michael Pompeo said the administration is “closing in on a solution and I think you’ll see the president’s announcement shortly.” In an interview on Fox News’ “Sunday Morning Futures” host Maria Bartiromo, Pompeo also said that the Trump administration may take action against other Chinese tech companies doing business in the U.S., claiming that some are “feeding d...
Tags: TC, Apps, Microsoft, White House, China, India, Satya Nadella, America, Tech, Policy, Beijing, United States, New Zealand, WeChat, Treasury, Fox News


TikTok row: Microsoft pursues deal as Pompeo says Trump will take action soon

Microsoft confirms acquisition plans, hours after US secretary of state says Chinese software companies are feeding data directly to Communist party Donald Trump will take action in coming days to tackle an array of national security risks presented by TikTok and other Chinese software companies, Mike Pompeo has said, as Microsoft revealed it was pursuing a deal after speaking to the US president.Microsoft said late on Sunday that - after a conversation between Trump and its CEO, Satya Nadella –...
Tags: Technology, Microsoft, China, Satya Nadella, US, Social Media, World news, US news, US politics, Donald Trump, Trump, State, Pompeo, Mike Pompeo, Tiktok


TikTok row: Trump to take action soon, says Pompeo, as Microsoft pursues deal

Chinese software companies are feeding data directly to Communist party, says secretary of state, as Microsoft confirms acquisition plansDonald Trump will take action in coming days to tackle an array of national security risks presented by TikTok and other Chinese software companies, Mike Pompeo has said, as Microsoft revealed it was pursuing a deal after speaking to the US president.Microsoft said late on Sunday that, after a conversation between Trump and its CEO, Satya Nadella, it would move...
Tags: Technology, Microsoft, China, Satya Nadella, US, Social Media, World news, US news, US politics, Donald Trump, Trump, State, Pompeo, Mike Pompeo, Tiktok


Microsoft pursuing TikTok purchase by September 15th, may invite U.S. investors to deal

Microsoft has posted a statement today on its corporate blog that says it will continue discussions on a potential TikTok purchase in the U.S.. As a part of the statement, it says that it may invite other “American investors” to participate on a minority basis. The company says that this is a result of conversations between CEO Satya Nadella and President Trump. That is, basically, the ‘news’ here. Previous reports and our own digging pointed to the situation being totally in the hands of ...
Tags: TC, Business, Microsoft, White House, China, Satya Nadella, Tech, Ceo, United States, President, New Zealand, Donald Trump, Trump, Facebook Twitter Google, Donald J Trump, Canada Australia


We now know exactly what Jeff Bezos and Mark Zuckerberg think about before they acquire a startup

Hello everyone! Welcome to this weekly roundup of Business Insider stories from executive editor Matt Turner. Please subscribe to Business Insider here to get this newsletter in your inbox every Sunday.  Hello! It's been a dizzying week for Big Tech, with Jeff Bezos et al appearing in front of Congress, then earnings, before the week wrapped up with an unexpected twist involving Tik Tok, President Trump, and Microsoft.  For smart commentary on the Congressional hearing on tech antitrust, I'd re...
Tags: Google, Amazon, Mark Zuckerberg, Microsoft, Congress, Youtube, Washington, China, US, Trends, Walmart, Tim Cook, Evan Spiegel, Jeff Bezos, Donald Trump, Young


TikTok says it’s “not planning on going anywhere” in response to pending U.S. ban

TikTok’s U.S. General Manager Vanessa Pappas has posted a video message to the platform that appears to be a response to reports from Friday that President Trump is working on an effective “ban” of the app in the U.S., a plan he shared with reporters from the White House pool on board Air Force One. Whether or not he’s even able to do this remains an open question, but in the meantime TikTok seems keen to reassure U.S. users it doesn’t intend to change its operational plans in response to ...
Tags: Social, TC, Apps, Asia, Microsoft, White House, China, Tech, Software, United States, President, Computing, Donald Trump, Adware, Executive, Trump


Big Tech's CEOs testified in a historic antitrust hearing last week. Now what happens?

Wednesday's highly-anticipated antitrust hearing featuring Amazon CEO Jeff Bezos, Google and Alphabet CEO Sundar Pichai, Facebook CEO Mark Zuckerberg, and Apple CEO Tim Cook has officially come and gone. Now, Congress will consider the testimonies delivered during the hearing as well as other meetings and hearings made in the last year as part of its investigation into online competition. Lawmakers will also take into account hundreds of thousands of internal company emails, memos, and other d...
Tags: Apple, Google, Amazon, Facebook, Mark Zuckerberg, Congress, US, Trends, House, Tim Cook, Jeff Bezos, Republican, App Store, Donald Trump, Sundar Pichai, Jim Jordan


Trump told reporters he will use executive power to ban TikTok

President Donald Trump told reporters on Air Force One that he will act as soon as Saturday to ban TikTok from the US, CNBC reported. The story is updating.
Tags: TC, US, Tech, Donald Trump, Cnbc, Trump



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