Twitter Looking at TikTok Tie-Up... - DreamTeamDownloads1, FTP Help, Movies, Bollywood, Applications, etc. & Mature Sex Forum, Rapidshare, Filefactory, Freakshare, Rapidgator, Turbobit, & More MULTI Filehosts

Ladybbird · 03-08-20, 12:16

TikTok Row: Microsoft Pursues Deal as Pompeo says Trump Will Take Action Soon

Microsoft confirms acquisition plans, hours after US secretary of state says Chinese software companies are feeding data directly to Communist party

The Guardian UK, 3 AUG 2020.

Donald Trump will take action in coming days to tackle an array of national security risks presented by TikTok and other Chinese software companies, Mike Pompeo has said, as Microsoft revealed it was pursuing a deal after speaking to the US president.

Microsoft said late on Sunday that - after a conversation between Trump and its CEO, Satya Nadella – it would move quickly on acquisition talks with TikTok’s parent company, ByteDance, completing talks no later than 15 September. It pledged to ensure that all private data of American users was transferred to, and remained in, the US.

Two people familiar with the matter told Reuters that Trump had agreed to give ByteDance 45 days to negotiate a sale of TikTok to Microsoft.

“A win-win in the making,” Republican Senator Lindsey Graham tweeted in response to Trump’s new stance on Sunday.

The statement came after Pompeo told Fox News show Sunday Morning Futures: “These Chinese software companies doing business in the United States, whether it’s TikTok or WeChat – there are countless more … are feeding data directly to the Chinese Communist party, their national security apparatus.
TikTok: China's ByteDance agrees to divest US operations after Trump threat
Read more

“Could be their facial recognition patterns. It could be information about their residence, their phone numbers, their friends, who they’re connected to. Those are the issues that President Trump has made clear we’re going to take care of,” he said.

TikTok’s US user data is stored in the US, with strict controls on employee access, and its biggest investors come from the US, the company said on Sunday. A TikTok spokesperson said: “We are committed to protecting our users’ privacy and safety as we continue working to bring joy to families and meaningful careers to those who create on our platform.”

Trump had said on Friday that he would soon ban TikTok in the US. A federal committee is reviewing whether that is possible. Treasury secretary Steven Mnuchin said its members agreed that TikTok could not remain in the US in its current form, because it “risks sending back information on 100 million Americans”.

“We all agree there has to be a change … everybody agrees it can’t exist as it does,” Mnuchin said Sunday on ABC’s This Week.

Chinese state media said banning Tik Tok would be “a barbaric act of a rogue government”, and rejected the US’s claims about national security fears. A Global Times editorial, published on Sunday, said a Microsoft acquisition was “the hunting and looting of TikTok by the US government in conjunction with US high-tech companies”.

The editorial also suggested any ban was politically motivated because many teens – who are the main users of TikTok – don’t like Trump.

As speculation grew over a ban or sale of the social media’s US business, TikTok posted a video on Saturday saying: “We’re not planning on going anywhere.”

On Monday morning, ByteDance said it would “adhere to the vision of globalisation” despite being “faced with all kinds of complex and unimaginable difficulties”.

TikTok’s catchy videos and ease of use has made it popular, and it says it has tens of millions of users in the US and hundreds of millions globally. Its parent company, ByteDance, launched TikTok in 2017. It bought Musical.ly, a video service popular with teens in the US and Europe, and combined the two. It has a similar service, Douyin, for users in China.

But TikTok’s Chinese ownership has raised concern about the potential for sharing user data with Chinese officials as well as censorship of videos critical of the Chinese government. TikTok says it does not censor videos and it would not give the Chinese government access to US user data.

“The president, when he makes his decision, will make sure that everything we have done drives us as close to zero risk for the American people,” Pompeo said. “That’s the mission set that he laid out for all of us when we began to evaluate this now several months back. We’re closing in on a solution. And I think you will see the president’s announcement shortly.”

The debate over TikTok parallels a broader US security crackdown on Chinese companies, including telecom providers Huawei and ZTE. The Trump administration has ordered that the US stop buying equipment from those providers to be used in US networks. Trump has also tried to steer allies away from Huawei over concerns that the Chinese government has access to its data, which Huawei denies.
END

RELATED: TikTok: Trump to order parent company to sell Chinese-owned app

TikTok Could Become Microsoft's Deal of the Decade

NB; Microsoft already spies on us & TRUMP probably owns shares in ByteDance TikTok’s parent company...
ByteDance itself had revenue of $17 billion last year with profits of $3 billion.

Ladybbird · 10-08-20, 12:04

Twitter Looking at a Possible TikTok Tie-Up

Twitter has approached TikTok's Chinese owner ByteDance to express an interest in buying its US operations, according to reports.

BBC News, 10 AUG 2020.

Video-sharing platform TikTok has been at the centre of fierce debate in recent weeks and takeover talk.

Last week US Donald Trump ordered firms to stop doing business with TikTok within 45 days over security concerns.

Tech giant Microsoft is the front-runner to buy TikTok but now Twitter has emerged as a possible suitor.

But it remains unclear whether Twitter can afford to buy TikTok from its Chinese owners and can complete a deal within the 45-day window, according to sources quoted in the Wall Street Journal.

The value of TikTok's US operations are unclear but estimates put it at tens of billions of dollars.

Twitter's market capitalisation is about $29bn (£22bn), dwarfed by Microsoft's at more than $1.6tn.

But experts believe a possible Twitter deal would face less regulatory scrutiny than Microsoft's.

A Twitter spokesman declined to comment on a possible deal while TikTok didn't respond immediately when contacted by the BBC.

Shocked'

Last Friday, Mr Trump ordered US firms to stop doing business with the Chinese app within 45 days. The Trump administration claims that the Chinese government has access to user information gathered by TikTok, which the firm has consistently denied.

In response to the US president's executive order, TikTok has threatened legal action against the US saying it was "shocked" by the move.

The US government also unveiled a ban on Chinese-owned messaging app WeChat as tensions escalate between the two countries.

Mr Trump said last week he would support Microsoft's efforts to buy TikTok's US operations if the government got a "substantial portion" of the proceeds.

He has set a deadline of 15 September for the deal to be completed or the ban will go ahead.

Microsoft said it "will move quickly to pursue discussions" for TikTok's operations in the US, Australia, Canada and New Zealand.

"Even if the deal goes through, be it Microsoft or Twitter taking a substantial stake in TikTok, what remains to be seen is how both parties are going to move forward operationally," said communications expert Sharon Koh.

"It will also take a tumultuous effort for both organisations to meander through the political sensitivities," she added.

RELATED;
TikTok threatens legal action against Trump US ban
Beyond TikTok: Who else might Trump ban?
Trump demands US cut of Microsoft TikTok deal

03-08-20, 12:16	#1
Ladybbird Join Date: Feb 2011 Posts: 47,623 Thanks: 27,642 Thanked 14,458 Times in 10,262 Posts Awards Showcase Total Awards: 8	Twitter Looking at TikTok Tie-Up... TikTok Row: Microsoft Pursues Deal as Pompeo says Trump Will Take Action Soon Microsoft confirms acquisition plans, hours after US secretary of state says Chinese software companies are feeding data directly to Communist party The Guardian UK, 3 AUG 2020. Donald Trump will take action in coming days to tackle an array of national security risks presented by TikTok and other Chinese software companies, Mike Pompeo has said, as Microsoft revealed it was pursuing a deal after speaking to the US president. Microsoft said late on Sunday that - after a conversation between Trump and its CEO, Satya Nadella – it would move quickly on acquisition talks with TikTok’s parent company, ByteDance, completing talks no later than 15 September. It pledged to ensure that all private data of American users was transferred to, and remained in, the US. Two people familiar with the matter told Reuters that Trump had agreed to give ByteDance 45 days to negotiate a sale of TikTok to Microsoft. “A win-win in the making,” Republican Senator Lindsey Graham tweeted in response to Trump’s new stance on Sunday. The statement came after Pompeo told Fox News show Sunday Morning Futures: “These Chinese software companies doing business in the United States, whether it’s TikTok or WeChat – there are countless more … are feeding data directly to the Chinese Communist party, their national security apparatus. TikTok: China's ByteDance agrees to divest US operations after Trump threat Read more “Could be their facial recognition patterns. It could be information about their residence, their phone numbers, their friends, who they’re connected to. Those are the issues that President Trump has made clear we’re going to take care of,” he said. TikTok’s US user data is stored in the US, with strict controls on employee access, and its biggest investors come from the US, the company said on Sunday. A TikTok spokesperson said: “We are committed to protecting our users’ privacy and safety as we continue working to bring joy to families and meaningful careers to those who create on our platform.” Trump had said on Friday that he would soon ban TikTok in the US. A federal committee is reviewing whether that is possible. Treasury secretary Steven Mnuchin said its members agreed that TikTok could not remain in the US in its current form, because it “risks sending back information on 100 million Americans”. “We all agree there has to be a change … everybody agrees it can’t exist as it does,” Mnuchin said Sunday on ABC’s This Week. Chinese state media said banning Tik Tok would be “a barbaric act of a rogue government”, and rejected the US’s claims about national security fears. A Global Times editorial, published on Sunday, said a Microsoft acquisition was “the hunting and looting of TikTok by the US government in conjunction with US high-tech companies”. The editorial also suggested any ban was politically motivated because many teens – who are the main users of TikTok – don’t like Trump. As speculation grew over a ban or sale of the social media’s US business, TikTok posted a video on Saturday saying: “We’re not planning on going anywhere.” On Monday morning, ByteDance said it would “adhere to the vision of globalisation” despite being “faced with all kinds of complex and unimaginable difficulties”. TikTok’s catchy videos and ease of use has made it popular, and it says it has tens of millions of users in the US and hundreds of millions globally. Its parent company, ByteDance, launched TikTok in 2017. It bought Musical.ly, a video service popular with teens in the US and Europe, and combined the two. It has a similar service, Douyin, for users in China. But TikTok’s Chinese ownership has raised concern about the potential for sharing user data with Chinese officials as well as censorship of videos critical of the Chinese government. TikTok says it does not censor videos and it would not give the Chinese government access to US user data. “The president, when he makes his decision, will make sure that everything we have done drives us as close to zero risk for the American people,” Pompeo said. “That’s the mission set that he laid out for all of us when we began to evaluate this now several months back. We’re closing in on a solution. And I think you will see the president’s announcement shortly.” The debate over TikTok parallels a broader US security crackdown on Chinese companies, including telecom providers Huawei and ZTE. The Trump administration has ordered that the US stop buying equipment from those providers to be used in US networks. Trump has also tried to steer allies away from Huawei over concerns that the Chinese government has access to its data, which Huawei denies. END RELATED: TikTok: Trump to order parent company to sell Chinese-owned app TikTok Could Become Microsoft's Deal of the Decade NB; Microsoft already spies on us & TRUMP probably owns shares in ByteDance TikTok’s parent company... ByteDance itself had revenue of $17 billion last year with profits of $3 billion. __________________ PUTIN TRUMP & Netanyahu Will Meet in HELL ..................*SHARKS are Closing in on TRUMP*.......................... *TRUMP WARNS; 'There'll Be a Bloodbath* If I Don't Get Elected'..MAGA - MyAssGotArrested...IT's COMING** PLEASE HELP THIS SITE..Click DONATE & Thanks to ALL Members of ... 1.. THIS SITE IS MORE THAN JUST WAREZ...& TO STOP SPAM-IF YOU WANT TO POST, YOUR FIRST POST MUST BE IN WELCOMES

10-08-20, 12:04	#2
Ladybbird Join Date: Feb 2011 Posts: 47,623 Thanks: 27,642 Thanked 14,458 Times in 10,262 Posts Awards Showcase Total Awards: 8	Re: Twitter Looking at TikTok Tie-Up... Twitter Looking at a Possible TikTok Tie-Up Twitter has approached TikTok's Chinese owner ByteDance to express an interest in buying its US operations, according to reports. BBC News, 10 AUG 2020. Video-sharing platform TikTok has been at the centre of fierce debate in recent weeks and takeover talk. Last week US Donald Trump ordered firms to stop doing business with TikTok within 45 days over security concerns. Tech giant Microsoft is the front-runner to buy TikTok but now Twitter has emerged as a possible suitor. But it remains unclear whether Twitter can afford to buy TikTok from its Chinese owners and can complete a deal within the 45-day window, according to sources quoted in the Wall Street Journal. The value of TikTok's US operations are unclear but estimates put it at tens of billions of dollars. Twitter's market capitalisation is about $29bn (£22bn), dwarfed by Microsoft's at more than $1.6tn. But experts believe a possible Twitter deal would face less regulatory scrutiny than Microsoft's. A Twitter spokesman declined to comment on a possible deal while TikTok didn't respond immediately when contacted by the BBC. Shocked' Last Friday, Mr Trump ordered US firms to stop doing business with the Chinese app within 45 days. The Trump administration claims that the Chinese government has access to user information gathered by TikTok, which the firm has consistently denied. In response to the US president's executive order, TikTok has threatened legal action against the US saying it was "shocked" by the move. The US government also unveiled a ban on Chinese-owned messaging app WeChat as tensions escalate between the two countries. Mr Trump said last week he would support Microsoft's efforts to buy TikTok's US operations if the government got a "substantial portion" of the proceeds. He has set a deadline of 15 September for the deal to be completed or the ban will go ahead. Microsoft said it "will move quickly to pursue discussions" for TikTok's operations in the US, Australia, Canada and New Zealand. "Even if the deal goes through, be it Microsoft or Twitter taking a substantial stake in TikTok, what remains to be seen is how both parties are going to move forward operationally," said communications expert Sharon Koh. "It will also take a tumultuous effort for both organisations to meander through the political sensitivities," she added. RELATED; TikTok threatens legal action against Trump US ban Beyond TikTok: Who else might Trump ban? Trump demands US cut of Microsoft TikTok deal __________________ PUTIN TRUMP & Netanyahu Will Meet in HELL ..................*SHARKS are Closing in on TRUMP*.......................... *TRUMP WARNS; 'There'll Be a Bloodbath* If I Don't Get Elected'..MAGA - MyAssGotArrested...IT's COMING** PLEASE HELP THIS SITE..Click DONATE & Thanks to ALL Members of ... 1.. THIS SITE IS MORE THAN JUST WAREZ...& TO STOP SPAM-IF YOU WANT TO POST, YOUR FIRST POST MUST BE IN WELCOMES

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)