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September 25, 2020
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BBC Entertainment

Taio Cruz quits TikTok after ‘suicidal thoughts’

BBC
Image caption Taio Cruz was only on TikTok for a matter of days before deleting his account. Pop star Taio Cruz has opened up about his reasons for quitting TikTok, saying he wanted to preserve his mental health after having “suicidal thoughts”. The musician, whose hits include Dynamite and Break......
CNBC Business

Here’s where things stand with the messy TikTok deal

CNBC
CNBC – For more and to sign up click here TikTok deal timeline: The latest in the messy saga as ban looms SEARCH QUOTES Source – Click here for more To Return to the Main Aggregate News Page – click here...
CNBC Business

Salesforce CEO Marc Benioff praises former boss Larry Ellison for TikTok deal: He’s the ‘master of relevance’

CNBC
CNBC – For more and to sign up click here Salesforce CEO Marc Benioff praised Oracle chief Larry Ellison’s efforts to break into the social media space with a potential TikTok partnership.  The enterprise software maker was approved for a deal in principle over the weekend to partner with the rapidly......
Technology

After Brief TikTok Run, Kevin Mayer in Talks to Join Investment Firm

New York Times
LOS ANGELES — Kevin A. Mayer, who resigned as TikTok’s chief executive in August after three months on the job and who previously was a candidate to run the Walt Disney Company, is closing in on a new gig. Mr. Mayer, 58, is in advanced talks to join RedBird Capital,......
CBS US News

TikTok deal with Oracle and Walmart hinges on Chinese export license approval

CBS News
CBS News – For more and to sign up click here TikTok’s owner said Thursday it has applied for a Chinese technology export license as it tries to complete a deal with Oracle and Walmart to keep the popular video app operating in the United States. Beijing tightened control over......
CNBC Business

ByteDance applies for export license from China as TikTok deal waits for approval

CNBC
CNBC – For more and to sign up click here The TikTok app icon sits displayed on a smartphone in front the national flags of China and the U.S. in this arranged photograph in London, U.K., on Monday, Aug. 3, 2020. Hollie Adams | Bloomberg | Getty Images GUANGZHOU, China......
CBS US News

Walmart and Oracle support Trump’s idea for TikTok “education fund”

CBS News
CBS News – For more and to sign up click here Walmart has agreed to back an education fund as part of a deal between the retailer and Oracle to partner with Chinese-owned video-sharing app TikTok, according to a source familiar with the matter. The financial contribution will come from......
Technology

TikTok Files for Injunction to Stop Ban of App

New York Times
SAN FRANCISCO — TikTok, the short-form viral video app, asked for a preliminary injunction against the Trump administration on Wednesday, a legal maneuver aimed at protecting the company’s service in the United States against a potential ban. The request, filed in the District Court for the District of Columbia, is......
Technology

Beyond TikTok, Walmart Looks to Transform

New York Times
Walmart’s planned investment in TikTok is being called “transformative.” Another analyst predicted the deal could “redefine retail” across the industry. “It is a bigger-picture opportunity,” said Oliver Chen, a retail analyst at Cowen. Known for its homogeneous big-box stores in rural and suburban America, Walmart has turned more than a......
CNBC Business

TikTok bans ads for fasting apps and restricts ads that promote ‘negative body image’

CNBC
CNBC – For more and to sign up click here The TikTok launch party in Hollywood on Aug. 1, 2018.  Joe Scarnici | Getty Images TikTok said Wednesday it’s banning advertisements for fasting apps and weight loss supplements. It will also restrict ads that “promote a harmful and negative body......
TMZ.com

TikTok Star Charli D’Amelio Was Good for Dunkin’ Donuts’ Biz

TMZ
Exclusive TikTok stars could be the next cash cow for fast-food chains … Charli D’Amelia is doing for Dunkin’ Donuts what Travis Scott is doing for McDonald’s. Charli, TikTok’s most-followed star, has a new partnership with Dunkin’ and we’ve learned it’s already doing wonders for the company’s bottom line …......
CNBC Business

TikTok talks show how Trump’s deal-making style can cause collateral damage

CNBC
CNBC – For more and to sign up click here U.S. President Donald Trump faces reporters as he departs for campaign travel to Ohio from the South Lawn at the White House in Washington, September 21, 2020. Carlos Barria | Reuters Maybe the simplest way to think about what’s happening......
CNBC Business

‘Hooligan logic’: Chinese state media hardens stance on TikTok deal, casts doubt over Beijing’s approval

CNBC
CNBC – For more and to sign up click here TikTok deal: Chinese state media casts doubt over Beijing’s approval SEARCH QUOTES Source – Click here for more To Return to the Main Aggregate News Page – click here...
CNBC Business

With TikTok deal, Walmart could gain ‘a front row seat to the next generation of consumers’

CNBC
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Technology

TikTok Deal Trips Over U.S.-China Power Struggle

New York Times
WASHINGTON — A deal intended to address the Trump administration’s concerns about TikTok’s ties to China was complicated on Monday by a disagreement over whether a U.S. company would control the social media app and the president’s threat to block any agreement that leaves the service in the hands of......
CNBC Business

Why TikTok deal could mean big growth for Walmart’s ads business

CNBC
CNBC – For more and to sign up click here Walmart confirmed over the weekend it had tentatively agreed to purchase a 7.5% stake of TikTok in the U.S., alongside Oracle‘s larger 12.5% stake. That deal could be a boon for the retailer’s tiny but growing advertising business.  Although it’s......
CNBC Business

TikTok deal puts U.S. owners in charge, but Chinese parent company still has some say

CNBC
CNBC – For more and to sign up click here Bytedance CEO and founder poses for a photograph in Beijing, China. Gilles Sabrie | Bloomberg | Getty Images Following the weekend’s announcement that Oracle will take a 12.5% stake in TikTok and run cloud services and security for the app,......
BBC - Business

TikTok deal under new threat as Trump insists on total US control

BBC
https://www.bbc.co.uk/news/technology-54233234 image copyrightGetty Images President Donald Trump has cast fresh doubt over the future of TikTok in the US unless Oracle and Walmart have “total control” of the company. TikTok escaped a US ban on Sunday, after striking a deal with the American companies. China-based owner Bytedance earlier said it......
CNBC Business

VPN interest surges in the U.S. as TikTok and WeChat users panic about access to Chinese apps

CNBC
CNBC – For more and to sign up click here This photo illustration taken on September 14, 2020 shows the logo of the social network application TikTok (L) and a US flag (R) shown on the screens of two laptops in Beijing. Nicolas Asfouri | AFP | Getty Images LONDON......
CNBC Business

Oracle can now claim to be hosting ‘two most important sites of our generation’ — TikTok and Zoom

CNBC
CNBC – For more and to sign up click here Oracle can now claim to be hosting ‘two most important sites of our generation’ — TikTok and Zoom SEARCH QUOTES Source – Click here for more To Return to the Main Aggregate News Page – click here...

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