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Microsoft emerges as leading suitor for TikTok’s U.S. business, as Trump considers ordering its divestiture from Chinese parent

Trump is considering forcing ByteDance to sell U.S. video app TikTok......»»

Category: topSource: washpostJul 31st, 2020

Microsoft emerges as leading suitor for TikTok’s U.S. business, as Trump plans to order its divestiture from Chinese parent

Trump is considering forcing ByteDance to sell U.S. video app TikTok......»»

Category: topSource: washpostJul 31st, 2020

As Trump plans to order TikTok sale, Microsoft emerges as top suitor

Microsoft could acquire the popular short-form video platform’s U.S. service, with President Trump poised to order China’s ByteDance to sell the business, said a person familiar with the talks......»»

Category: topSource: washpostJul 31st, 2020

Trump just issued 2 executive orders aimed at Chinese-owned apps, barring US companies from doing business with TikTok parent company ByteDance and messaging app WeChat (MSFT)

s Trump issued an e.....»»

Category: topSource: businessinsiderAug 7th, 2020

Inside the rise of TikTok, the viral video-sharing app that Trump is trying to order its Chinese parent to sell

Tolga Akmen/AFP/Getty Images; Clancy Morgan/Business Insider TikTok is a short-form video app that's become one of the most popular social platforms among Generation Z. It has more than 2 billion all-time downloads, and up to .....»»

Category: topSource: businessinsiderAug 3rd, 2020

Microsoft faces complex technical challenges in carving out TikTok from its Chinese owner

Stephen Lam/Stringer/Getty Images The Trump administration has given Microsoft until Sept. 15 to.....»»

Category: topSource: businessinsiderAug 12th, 2020

Trump’s TikTok and WeChat ban hurts Chinese internet stocks — here’s why his executive order also puts pressure on Microsoft

Two executive orders on Thursday gave American citizens and businesses 45 days to sever any relations with popular Chinese social media apps TikTok and WeChat......»»

Category: topSource: marketwatchAug 7th, 2020

TikTok threatens to sue the Trump administration over the executive order barring US firms from doing business with its parent

Tolga Akmen/AFP/Getty Images; Clancy Morgan/Business Insider TikTok has threatened to sue the Trump administration over Thursday's executive order that bans US citizens and companies from doing business with its.....»»

Category: topSource: businessinsiderAug 7th, 2020

Trump just issued an executive order barring US companies from doing business with TikTok parent company ByteDance, giving it 45 days to sell the app (MSFT)

AP Photo/Alex Brandon Trump issued an executive order Thursday evening prohibiting US companies from making "any transactions" with TikTok's parent company ByteDance. The or.....»»

Category: topSource: businessinsiderAug 6th, 2020

Meet Zhang Yiming, the secretive Chinese billionaire behind TikTok who made over $12 billion in 2018 and called Trump"s demands to sell the app "unreasonable"

Visual China Group via Getty Images; Ruobing Su/Business Insider Zhang Yiming built a $16.2 billion fortune after founding ByteDance, the Chinese software developer behind TikTok. Despite being one o.....»»

Category: topSource: businessinsiderAug 5th, 2020

The CEO of TikTok"s parent firm says Trump"s "real objective" is to ban TikTok, not force a sale to Microsoft

Visual China Group via Getty Images/Visual China Group via Getty Images Zhang Yimin.....»»

Category: topSource: businessinsiderAug 4th, 2020

Microsoft in advanced talks to buy TikTok’s U.S. operations, source says, as Trump says he’ll act soon to ban video platform

Microsoft is in advanced talks to buy the U.S. operations of TikTok, the popular Chinese-owned video app that has been a source of national security and censorship concerns, according to a person .....»»

Category: topSource: chicagotribuneAug 1st, 2020

Promising a TikTok ban, Trump escalates tech war with China

In reportedly preparing an order to force TikTok's Chinese parent company to sell it off, the Trump administration chooses a peculiar cyberdefense beachhead in an em.....»»

Category: topSource: latimesJul 31st, 2020

Why the Trump administration may try to force TikTok"s Chinese owner to sell it

In reportedly preparing an order to force TikTok's Chinese parent company to sell it off, the Trump administration chooses a peculiar cyberdefense beachhead in an em.....»»

Category: topSource: latimesJul 31st, 2020

Analysis: Why Trump is not a pro-business president

President Trump considers himself a business-friendly leader, but his recent attacks some of America's biggest companies and tariffs on steel and aluminum and Chinese goods suggest otherwise. CNN Chief Business Correspondent Christine Romans reports......»»

Category: videoSource: cnnApr 13th, 2018

TikTok"s US employees are scared they won"t get paid if the app is banned and now they"re planning to sue the Trump administration

Tolga Akmen/AFP/Getty Images; Clancy Morgan/Business Insider A US TikTok employee, Patrick Ryan, has launched a crowdfunder to sue the Trump administration over t.....»»

Category: topSource: businessinsider2 hr. 25 min. ago

TikTok"s US employees want to sue the Trump administration so they can keep getting paid

Tolga Akmen/AFP/Getty Images; Clancy Morgan/Business Insider A US TikTok employee, Patrick Ryan, has launched a crowdfunder to sue the Trump a.....»»

Category: topSource: businessinsider3 hr. 55 min. ago

TikTok has entertained offers from potential buyers like Microsoft and Twitter to appease Trump while ByteDance has been preparing to fight back

Tolga Akmen/AFP/Getty Images; Clancy Morgan/Bus.....»»

Category: topSource: businessinsiderAug 10th, 2020

Trump banned TikTok and WeChat. Are video games next?

The executive order singling out WeChat and its parent company, Tencent, caused a furor in the gaming world Thursday night. Officials say the order is focused on WeChat, not Tencent's gaming holdings — but how lon.....»»

Category: topSource: latimesAug 7th, 2020

Inside the rise of TikTok, the viral video-sharing app wildly popular with teens and loathed by the Trump administration

Tolga Akmen/AFP/Getty Images; Clancy Morgan/Business Insider TikTok, the short-form video app, has become one of the most popular social platforms among Generation Z. It has more than 2.3 billion all-time downloads, and.....»»

Category: topSource: businessinsiderAug 7th, 2020

Trump Signs Executive Orders To Ban TikTok, WeChat In 45 Days, Unless Parent Firms Agree To Sell Apps

President Donald Trump signed two executive orders Thursday evening that would effectively ban TikTok and WeChat operations in the United States, if China-based parent companies read more.....»»

Category: blogSource: benzingaAug 7th, 2020