Tag Archives: oracle

Judge to hold hearing Sunday on Trump administration’s TikTok download ban

A federal judge is expected to decide on Sunday morning whether to allow the US government to ban new downloads of TikTok in the Apple and Google app stores. The ban would take effect later that same day at 11:59 p.m. ET unless it’s blocked. The US Justice Department had until Friday to either delay …

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TikTok removed more than 104M videos in the first half of the year

TikTok removed more than 104 million videos from its platform during the first half of 2020, according to the company’s latest transparency report, released Tuesday. TikTok said that’s less than 1% of all videos uploaded to the popular app between Jan. 1 and June 30. The update comes as TikTok’s fate in the US remains in jeopardy, pending the finalization …

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TikTok

A deal for Oracle and Walmart to acquire stakes in the US operations of popular video app TikTok appeared in jeopardy as details of the complicated arrangement were disputed. President Donald Trump said on Monday that he would revoke his initial approval of the deal if ByteDance, the Chinese company that owns TikTok, retained a stake in a newly created company that would house the US …

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Trump says he isn’t prepared to sign off on TikTok

President Donald Trump said Wednesday that he isn’t yet ready to sign off on a deal between short-form video app TikTok and technology giant Oracle, saying that he needs to make sure the arrangement addresses national security concerns about the app.  “I’m not prepared to sign off on anything,” Trump told a press briefing at the White House, adding that …

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TikTok ban won’t prevent employees from being paid, US says in filing

An executive order banning TikTok from the US won’t affect employees’ paychecks, the Trump administration said Monday in a court filing. The executive order bars any US transactions with TikTok’s Chinese parent company, ByteDance. The company behind the short-form video app quickly sued, as did an employee worried that wages and salaries would be covered by a section of the …

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YouTube is adding a new Shorts feature to rival TikTok and Instagram Reels

YouTube is getting in on the short-form video craze. In a blog post, the Google-owned video platform detailed its new format, which it calls Shorts. The new feature will be a rival for Chinese app TikTok and Instagram Reels. Designed as a “new short-form video experience right on YouTube for creators and artists who want to shoot short, catchy videos” …

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TikTok sale hits some bumps, but could still come soon, report says

Chinese tech giant ByteDance may be ready to give up its control of TikTok after all, with reports in recent days saying the social networking app’s sale may be finalized soon. A deal for TikTok’s US, New Zealand and Australian operations is expected to be announced sometime in the near future, according to reports in CNBC, The Wall Street Journal …

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China on TikTok sale: Not so fast

Chinese officials apparently have something to say about a TikTok sale to a US company, with two bits of news coming out of China that reportedly could make potential buyers such as Microsoft and Oracle wary. China updated the country’s export-control rules on Friday, to cover what it considers sensitive technologies, including, possibly, the popular video app’s personalized recommendation engine, …

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Google parent Alphabet considered buying a slice of TikTok, report says

Alphabet, the parent company of Google, has reportedly thought about buying a small stake in TikTok as part of a group bid for the short-form video app.  A group of companies have reportedly talked about forming a consortium to invest in TikTok but that “effort has fizzled in recent days,” Bloomberg reported on Friday, citing anonymous sources. Alphabet wasn’t leading this …

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Oracle reportedly in talks to acquire TikTok

Oracle has held preliminary talks with ByteDance, TikTok‘s Chinese owner, about acquiring the social media sensation’s operations in the US, Canada, Australia and New Zealand, the Financial Times reported late Monday. Microsoft is also in talks to buy up the TikTok app from ByteDance. TikTok is a wildly popular social media app where people, mostly teens and young adults, post short …

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