[BBC] Chinese video app TikTok is taking legal action to challenge a ban imposed by US President Donald Trump. Mr Trump’s executive order prohibits transactions with TikTok’s owner ByteDance from mid-September. Officials in Washington are concerned that the company could pass data on American users to the Chinese government, something […]
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[CNBC] KEY POINTS President Donald Trump on Thursday issued executive orders banning U.S. transactions with Chinese tech firms Tencent and ByteDance. Tencent owns the messaging service WeChat and ByteDance owns the popular short-video-sharing app TikTok. The ban will take effect in 45 days. While the scope of the bans remain […]
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[CNBC] KEY POINTS Microsoft’s statements on Sunday marked the company’s first confirmation of talks it has held to acquire the popular social-media app. Other investors could participate in an acquisition alongside Microsoft, according to the company statement. Microsoft on Sunday confirmed that it has held talks with Chinese technology company ByteDance […]
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[Decrypt] Dogecoin’s brief pump is now over. The meme coin Dogecoin (DOGE) has fallen after a brief rise; the dump after the pump. On July 7 to July 8, Dogecoin rose by 43%, from $0.0027 to $0.0053, one of the largest increases by the coin in a single day. The […]
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