ByteDance, the Chinese parent company of TikTok, has filed a petition Tuesday evening with the D.C. Circuit Court of Appeals, challenging an Aug. 14 order from the Trump administration requiring the video-sharing app to be divested by Thursday.
Employees at the six largest Silicon Valley tech firms have donated nearly $5 million to Democratic presidential nominee Joe Biden while dishing out a paltry $239,000 to President Trump, according to a report on Tuesday.
Winning the TikTok contest would pay other dividends for Mr. Ellison, most significantly boosting Oracle’s efforts to gain traction in the hot field of cloud-computing—which he once dismissed as a fad.
A TikTok-Oracle combo remains on ice as White House insiders pooh pooh the deal.
Trump and Walmart say the deal will bring 25,000 jobs to the U.S.
Americans' data would stay protected after TikTok's deal with Oracle and Walmart that would make the social video app a U.S.-based company, despite its Chinese-owned parent ByteDance still owning a majority stake in the business, Secretary of State Mike Pompeo said Sunday.
The Commerce Department said it would delay Sunday's 11:59 p.m. ban on TikTok U.S. downloads and updates
Under the deal - all of TikTok US would receive extensive scrutiny from an independent board
President Trump's China Hawks are not sold on the deal.
The outsized power of Amazon, Apple, Facebook and Google affects every element of our economy and day-to-day lives whether we are willing participants or not.
Trump's friendship with Oracle CEO Larry Ellison may not be enough for a TikTok win.
President Trump said that he will review the deal between Oracle and Chinese-owned video app TikTok on Thursday and it “has to be 100 percent” safe from a national security standpoint for him to sign off on it.
A TikTok-Oracle deal is being reviewed by U.S. Treasury Department.
Oracle Corp. has expressed an interest in acquiring the popular Chinese social video app TikTok, a new report said Tuesday.