Tag Archives: TikTok

from the everything-is-propaganda-now dept After years of hyperventilation about TikTok’s impact on privacy, propaganda, and national security, TikTok is likely being sold to a bunch of Trump’s billionaire technofascist buddies who don’t believe in privacy and want to use TikTok to spread right wing propaganda. Bang up job all around, especially to all the befuddled Democrats whose hysteria about the …

For most of his career Larry Ellison has been content to quietly let Oracle be the company, behind the company, behind the technology that makes headlines. Its biggest products being cloud computing and database products that it sells to enterprise customers like DHL, Northwell Health, and Fanatics. But, now in his 80s, Ellison has begun a second act shifting from …

How Vance helped Trump get his TikTok deal, despite political risks  The Washington Post What are TikTok’s new owners buying?  The Economist ByteDance expected to maintain big role in new US TikTok, sources say  Reuters Oracle’s Role as Protector of TikTok Data Panned as Rehash of Earlier Plan  Bloomberg.com TikTok follows an unusual pattern of business deals under the Trump administration  MSNBC News Source link

Photo by CFOTO/Future Publishing via Getty Images The night before Donald Trump’s inauguration, hundreds of influencers crowded into an ornate two-story ballroom for a massive inauguration party sponsored by TikTok. The app was on the verge of being banned, but attendees were confident that Trump would swoop in and seize control. “Trump is gonna save TikTok,” said Dan Joseph, a …

The U.S. government will collect a multibillion-dollar payment from the American investors who will take over TikTok. Some experts call it a fee and other deals like it “extortion.” SCOTT SIMON, HOST: The Trump administration recently approached a group of American investors set to take over TikTok’s U.S. operations with an unusual demand – if they want to close the …

The battle over TikTok in the U.S. has lasted as long as the globally popular app has been available. Since 2019, TikTok has negotiated with the federal government to address concerns of Chinese manipulation and data theft. President Donald Trump was initially for a ban, then against it and then for it again. Through it all, TikTok remained one of …

The first thing to understand about the TikTok deal is that it’s not actually a deal—at least not in any official capacity yet. Trump’s executive order Thursday simply delays the Chinese social media app from being banned in the U.S. (as required by a law passed in the spring of 2024) for another 120 days, while the various parties seek …

WASHINGTON (AP) — The chairman of a House committee that pushed for the law demanding TikTok be spun off from its Chinese owners has requested an urgent briefing from the White House, one day after President Donald Trump signed an executive order supporting a proposed deal that would put the popular social video platform under U.S. ownership. In a statement …

Previously, experts had suggested that China had little incentive to follow through with the deal, while as recently as July, ByteDance denied reports that it agreed to sell TikTok to the US, the South China Morning Post reported. Yesterday, Reuters noted that Vice President JD Vance confirmed that the “new US company will be valued at around $14 billion,” a …

ByteDance expected to maintain big role in new US TikTok, sources say  Reuters TikTok’s $14 billion valuation in Trump deal stuns investors  Yahoo Finance TikTok deal sparks criticism over foreign involvement and price tag  The Washington Post Trump’s TikTok deal payment criticized as ‘shakedown scheme’ by experts  NPR Top Republican on House China panel seeks briefing over TikTok deal  The Hill Source link