Sep 22, 2020-Tuesday

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Tuesday, Sep 22, 2020


Sep 15, 2020 21:05
Zhenhua Data, the reports claimed, put together a database with the personal information of over two million people of public interest — politicians, celebrities, business leaders, prominent military officials and academics read more
Sep 15, 2020 20:01
Final details are in flux, but ByteDance’s venture investors may also take equity stakes in the TikTok business. It’s also possible the Chinese parent will try to keep full ownership of the unit, according to one person familiar with the discussions. read more
Sep 15, 2020 08:24
Treasury Secretary Steven Mnuchin said earlier in the day that the Trump administration received a proposal from Oracle over the weekend to make Chinese-owned short video app TikTok a U.S.-headquartered company and will review the plan this week. read more
Sep 14, 2020 23:58
Treasury Secretary Steven Mnuchin confirmed on Monday Washington had received a bid from Oracle concerning TikTok’s American operations after the video-sharing app’s parent ByteDance rejected a proposal from Microsoft. read more
Sep 14, 2020 16:47
TikTok’s parent company ByteDance has chosen Oracle over Microsoft as a new American technology partner to help keep the popular video-sharing app operating in the U.S., according to a person familiar with the deal. read more
Sep 14, 2020 05:12
Microsoft, which was working with Walmart Inc., had been seen as the more likely winner earlier in the process, but its talks have cooled, a person with knowledge of the matter said earlier today. read more
Sep 11, 2020 18:29
TikTok owner ByteDance plans to invest billions of dollars and recruit hundreds of employees in Singapore after opting to base its Southeast Asia regional headquarters there, a person familiar with the matter said. read more
Sep 10, 2020 16:03
ByteDance Ltd. is increasingly likely to miss a Trump administration deadline for the sale of its TikTok U.S. operations after new Chinese regulations complicated negotiations with bidders Microsoft Corp. and Oracle Corp., according to people familiar with the matter. read more
Sep 08, 2020 17:37
The video showing an American man taking his own life came from a Facebook livestream and has been uploaded to various social media platforms, sometimes edited into other, unrelated videos. read more
Sep 07, 2020 03:50
One of the key reasons for TikTok’s worldwide success is its content recommendation algorithm behind the ‘For You’ page which fetches personalized content using a proprietory AI interface, text analysis, voice recognition and speech modelling, among others read more
Sep 04, 2020 14:02
TikTok is considering selling its operations in several countries after local governments shut out the app, citing fears that sensitive user data was passing into the hands of the Chinese state. read more
Sep 04, 2020 04:00
Japanese conglomerate SoftBank has started talks for a possible acquisition of the banned India unit of TikTok, two people aware of the development said. read more
Aug 31, 2020 15:29
Beijing on Friday added uncertainty to already thorny negotiations over the sale of ByteDance Ltd.’s TikTok, claiming the ability to block a sale to foreign suitors Microsoft Corp. or Oracle Corp. with tighter restrictions on artificial intelligence exports. read more
Aug 30, 2020 12:29
China late on Friday revised a list of technologies that are banned or restricted for export for the first time in 12 years and Cui Fan, a professor of international trade at the University of International Business and Economics in Beijing, said the changes would apply to TikTok. read more
Aug 27, 2020 22:21
The sale of TikTok is happening as the company is under fire from the administration of US President Donald Trump as a potential national security risk due to the vast amount of private data the app is compiling on US consumers. read more