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...
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...
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...
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...
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...