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TikTok Deal with Oracle and Walmart Trips Over U.S.-China Feud

by mujair | Sep 21, 2020 | Business & Finance News

WASHINGTON — A deal intended to address the Trump administration’s concerns about TikTok’s ties to China was complicated on Monday by a disagreement over whether a U.S. company would control the social media app and the president’s threat to block any agreement that...

‘There’s No There There’: What the TikTok Deal Achieved

by mujair | Sep 20, 2020 | Business & Finance News

SAN FRANCISCO — The saga of TikTok had everything: Ominous threats of surveillance. A forced fire sale. Threats of retaliation. Head-spinning deal terms that morphed by the hour. Dark horse bidders and a looming deadline. Now, as the dust settles on the weeks of drama...

TikTok Deal Exposes a Security Gap, and a Missing China Strategy

by mujair | Sep 20, 2020 | Business & Finance News

For the first time, a genuine Chinese app — not a knockoff of something invented in the United States or Europe — captured the hearts of American teenagers and millennials. On one level, it was harmless: TikTok is mostly jammed with one-minute dance videos. By many...

Trump Approves Deal Between Oracle and TikTok

by mujair | Sep 19, 2020 | Business & Finance News

WASHINGTON — President Trump said on Saturday that he had approved a deal between the Chinese-owned social media app TikTok and major American companies, an agreement that will delay the U.S. government’s threat to block the popular app in the United States over...

Trump Says Deal Between Oracle and TikTok Has His ‘Blessing’

by mujair | Sep 19, 2020 | Business & Finance News

WASHINGTON — President Trump said Saturday that he had given his “blessing” to an investment by the software maker Oracle in the Chinese-owned social media app TikTok, suggesting that the app may be given a reprieve from his administration’s upcoming ban on the...
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