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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

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

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

The Wall Street Journal: Trump administration seeks to force Chinese companies listed in U.S. to comply with accounting rules or delist

Chinese companies with shares traded on U.S. stock exchanges would be forced to give up their listings unless they comply with American accounting requirements under a plan recommended Thursday by the Trump administration......»»

Category: topSource: marketwatchAug 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

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

Trump has given TikTok"s owner ByteDance 45 days to reach a deal to sell the app

Chip Somodevilla/Getty Images President Trump has given TikTok owner ByteDance and US tech giant Microsoft just 45 days to negotiate an acquisition. News broke over .....»»

Category: topSource: businessinsiderAug 3rd, 2020

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

Trump to reportedly order TikTok"s owner ByteDance to sell its US operations

TOLGA AKMEN/AFP/Getty Images Donald Trump is planning to sign an order directing the ByteDance, TikTok's parent company, to .....»»

Category: topSource: businessinsiderJul 31st, 2020

U.S. could decide on licenses for companies to sell to Huawei by next week - Ross

The Trump administration could respond by next week to companies that have requested special licenses to sell to Chinese telecoms giant Huawei Technologies Co Ltd, U.S. Commerce Secretary Wilbur Ross said on Tuesday during a visit to Brazil......»»

Category: topSource: reutersJul 30th, 2019

U.S. could have decision on companies selling to Huawei by next week

The Trump administration could by next week issue decisions to companies that have requested special licenses to sell to Chinese telecoms giant Huawei, U.S. Commerce Secretary Wilbur Ross said on Tuesday during a visit to Brazil......»»

Category: topSource: reutersJul 30th, 2019

U.S. Weighs Curbs on Chinese Telecom Firms Over National Security Concerns

The Trump administration is considering executive action that would restrict some Chinese companies’ ability to sell telecommunications equipment in the U.S., based on national-security concerns......»»

Category: topSource: wsjMay 2nd, 2018

Stocks are getting slammed following report the Trump administration is thinking about curbing Chinese investment in some American firms

REUTERS/Jonathan Ernst All three major US indexes were lower early Monday. The Nasdaq fell nearly 2%. The sell-off came after the Trump administration said it could bar.....»»

Category: topSource: businessinsiderJun 25th, 2018

US Orders Chinese Conglomerate To Sell Office Building Near Trump Tower

Yesterday we reported that in what would mark an abrupt and serious escalation of the US-China trade and currency war, the NY Post  reported that the Trump administration, as part of a crackdown on .....»»

Category: blogSource: zerohedgeAug 10th, 2018

U.S. firms warn next China tariffs to cost Americans from cradle to grave

A broad cross-section of U.S. businesses has a message for the Trump administration: new tariffs on $200 billion of Chinese imports will force Americans to pay more for items they use throughout their daily lives, from cradles to coffins......»»

Category: topSource: reutersAug 20th, 2018

Walmart warns Trump tariffs may force price hikes: letter

Walmart Inc said that it may hike prices of products if the Trump administration imposes a tariff on Chinese imports, according to a letter the company wrote to U.S. Trade Representative Robert Lighthizer two weeks ago and seen by Reuters on Thursday......»»

Category: topSource: reutersSep 20th, 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. 21 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. 51 min. ago

TikTok"s US fate reportedly rests on a brawl between two senior White House advisers

Jabin Botsford/The Washington Post/Getty Images/Reuters The confused messages from the Trump administration about the fate of ByteDance-owned TikTok may stem from a disagr.....»»

Category: topSource: businessinsiderAug 10th, 2020

TikTok planning to sue Trump administration over ban, NPR reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallAug 9th, 2020