TikTok and Trump
US Federal Court Delays TikTok Ban
Sourced from Cosmico TikTok has been awarded a life-line after a US federal court ruled to delay its impending ban. Earlier this year, US President Donald Trump said the popular Chinese video-sharing platform’s ability to handle user data as well as its relationship with parent company, ByteDance, raised national security concerns. The Verge reports that motivation for the ban stems from the fact that “lawmakers allege that TikTok could be pressured into handing over data or other intelligence to the Chinese Communist Party”. However, TikTok hit back saying that was “led by an American CEO, with hundreds of employees and key leaders across safety, security, product, and public policy here in the US. We have no higher priority than promoting a safe and secure app experience for our use...
Oracle Reportedly Wins TikTok Bid
Sourced from Cosmico Oracle and ByteDance have reached a “technical partnership” for TikTok’s US operations, according to The Wall Street Journal. This, however, does not include the sale of the popular video-sharing app. A number of people familiar with the matter believe that Oracle will address the national security concerns surrounding TikTok, raised by the Trump Administration. Sources told FT that the US tech company was already in “preliminary talks with TikTok owner Bytedance, and was working with a group of investors that already holds a stake in the Chinese company.” This comes shortly after Microsoft revealed that ByteDance has rejected its bid to acquire TikTok – the acquisition would’ve allowed Microsoft to own and operate the TikTok service in the United States, Can...
TikTok to Challenge Ban by Trump Administration
Sourced from Cosmico TikTok has announced that it will be taking legal action against US President Donald Trump and his administration in an attempt to challenge its imminent ban. The Chinese-owned app has been told by the administration to sell off US operations within 90 days, or else. The Verge reports that motivation for the ban stems from the fact that “lawmakers allege that TikTok could be pressured into handing over data or other intelligence to the Chinese Communist Party”. According to the BBC, “TikTok says it has tried to engage with Trump’s administration for nearly a year but has encountered a lack of due process and an administration that pays ‘no attention to facts’”. TikTok is “led by an American CEO, with hundreds of employees and key leaders across safety, secur...
