Oracle outbids Microsoft for TikTok U.S. – but there’s a catch
Microsoft has lost the deal to acquire TikTok from Oracle. The only problem still ahead is that the deal now faces review by Donald Trump's White House.
Oracle has reportedly won its bidding war against Microsoft for the U.S. operations of TikTok, but there is a fly in the ointment: the deal may... Read more
The U.S. wants to ban more Chinese apps over national security
The Trump administration is looking to ban more Chinese apps that they claim are a national security threat. This, according to the White House chief of staff, Mark Meadows. He made the comments on Thursday, aboard Air Force One, according to reports.
However, he did not mention anything about t... Read more
‘Oracle close to acquiring TikTok’
Oracle has the best chance of acquiring TikTok at this moment. A deal would be announced within 48 hours, according to sources from CNBC on Friday.
According to an insider, Oracle offers 20 billion to 30 billion dollars to TikTok parent company ByteDance. This would amount to approximately 10 bi... Read more
Oracle: stop, think and acquire something other than TikTok
Sometimes rumours confuse us. That our editorial team looks at each other and we conclude someone has a big imagination. Who would come up with such a crazy idea? An acquisition of TikTok by Oracle clearly fits into that category. We don't understand a potential acquisition by Microsoft entirely ei... Read more
TikTok files lawsuit against the Trump-administration
TikTok files a lawsuit against the U.S. government of President Trump. The company calls Trump's decree banning TikTok a way to fuel anti-Chinese rhetoric on the eve of the new presidential elections in the United States.
The American branch of TikTok, as well as its Chinese parent company ByteD... Read more
Trump considers banning more Chinese technology
The U.S. president, Donald Trump, already banned Huawei and TikTokand is now looking at restrictions or bans for other Chinese companies. Trump acknowledged this during a press conference.
TikTok has been given 90 days by Trump to divest the American branch before a complete ban on the app can b... Read more
‘Microsoft faces immense challenge if it partially acquires TikTok’
The potential acquisition of elements of TikTok by Microsoft will be difficult. The social network shares a lot of resources with other applications of TikTok's parent company ByteDance.
Microsoft plans on purchasing only part of the social network: the United States, Canada, Australia and New Z... Read more
TikTok is planning to file a lawsuit against ban in U.S.
TikTok has recently become a victim of the ongoing economic trade war between China and the United States. Trump recently revealed he signed an executive order that will ban TikTok in a couple of weeks or force the owners to sell the business, preferably to a company in the United States.
TikTok... Read more
CIA finds no evidence of Chinese TikTok espionage
According to the U.S. intelligence agency CIA, there is no evidence that the Chinese government gained access to TikTok data. At the same time, the CIA claims that Chinese authorities could intercept the data if they wanted to.
The CIA was recently asked to investigate the threats TikTok poses t... Read more
Trump bans American transactions with TikTok and WeChat
U.S. President Donald Trump has signed an executive order prohibiting transactions with ByteDance, TikTok's parent company, within 45 days. A similar order also applies to the Chinese chat service WeChat.
The possibility that Chinese authorities can access data from American citizens via ... Read more