Videos

Q&A: What would a US ban on Chinese-owned app TikTok mean?

3 days ago   |   By Chron

NEW YORK - President Donald Trump says he wants to take action to ban TikTok, a popular Chinese-owned video app that has been a source of national security and censorship concerns.
The threat comes as Microsoft Corp. is in advanced talks to buy the Chinese app, owned by Bytedance Ltd., according to a person familiar with the discussions who spoke only on condition of anonymity because of the sensitivity to the negotiations. Microsoft declined to comment.
It's not clear whether Trump would accept a divestment as a concession. But there have been reports of U.S. tech giants and financial...
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China's ByteDance prepared to divest 100% of TikTok in US

China's ByteDance prepared to divest 100% of TikTok in US

4 days ago   |   By Stl Today

China's ByteDance Ltd. is prepared to sell 100% of TikTok's U.S. operations as a way to head off a proposed ban on the music-video site by President Donald Trump, said two people with knowledge of the situation. Details of the...
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What's Going On With TikTok? Here's What We Know

4 days ago   |   By NY Times

President Trump is talking about banning the app. TikTok may also sell its U.S. operations. Let's sort through it all here.
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Is This The Real Reason Why Trump Wants To Ban TikTok?

4 days ago   |   By Forbes

The president and his advisors say TikTok is a national security threat. But maybe the ban is really about Trump's hurt feelings over his ruined rally in Tulsa.
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A Singaporean tech stock has skyrocketed a world-beating 1,100% since the...

A Singaporean tech stock has skyrocketed a world-beating 1,100% since the start of 2019

Singaporean tech giant Sea's stock has ballooned more than 1,100% since the start of 2019. The astounding gain has raised its market capitalization from about $5 billion to $64... Read more ...

Square surges 16% after reporting quarterly earnings showing a 64% jump in...

Square surges 16% after reporting quarterly earnings showing a 64% jump in revenue

Square released its second quarter earnings results on Tuesday, a day early, after Bloomberg News reported the numbers. The company reported a 64% jump in revenue and a 167%... Read more ...

The Galaxy Tab S7 will bring 5G to Samsung's tablet line

The Galaxy Tab S7 will bring 5G to Samsung's tablet line

Samsung's going all in on 5G. The company was an early adopter for the next-gen wireless technology and has just offered it across the newly announce Galaxy Note 20. Turns out... Read more ...

Consumer spending could regress in the coming months as monthly personal...

Consumer spending could regress in the coming months as monthly personal income growth falls

US consumer spending improved on a monthly basis in May and June, but personal income could plunge as government programs end. And a drop in consumer spending and personal... Read more ...

Royal Caribbean, Carnival, Disney, and dozens of other cruise lines won't...

Royal Caribbean, Carnival, Disney, and dozens of other cruise lines won't sail out of the US until at least October 31

An industry group of roughly 60 cruise lines announced on Wednesday that they won't sail from US ports until October 31 at the earliest. This extension from an earlier... Read more ...

ISM Services Index increased to 58.1% in July, Employment Index Declined

ISM Services Index increased to 58.1% in July, Employment Index Declined

The July ISM Services index was at 58.1%, up from 57.1% in June. The employment index decreased to 42.1%, from 43.1%. Note: Above 50 indicates expansion, below 50... Read more ...

US companies added 167,000 in July, badly missing economist forecasts, ADP says

US companies added 167,000 in July, badly missing economist forecasts, ADP says

US private payrolls rose 167,000 in July, a Wednesday report from ADP showed . Economists had expected that private payrolls would rise by 1.2 million in July. The report is a... Read more ...

The US just struck a deal for 100 million doses of a coronavirus vaccine...

The US just struck a deal for 100 million doses of a coronavirus vaccine from Johnson & Johnson

Johnson & Johnson have entered into an agreement with the U.S. government to provide 100 million doses of its experimental coronavirus vaccine, with the option of 200 million... Read more ...

'Nothing Feels Tangible': Virtual Is New Reality For Grads Starting New Jobs

'Nothing Feels Tangible': Virtual Is New Reality For Grads Starting New Jobs

Job postings for entry-level positions popular with new college grads fell by 73%, compared with before COVID-19 hit. And for the class of 2020 who have landed jobs it's often... Read more ...

Oil jumps 4% to the highest in 5 months after the EIA reports an inventory drop

Oil jumps 4% to the highest in 5 months after the EIA reports an inventory drop

Oil prices rose Wednesday to the highest level since March after the Energy Information Administration reported that crude inventories fell last week by 7.4 million, more than... Read more ...