Sources: Oracle, Silver Lake, and Abu Dhabi's MGX will be the main TikTok USA investors, with a ~45% stake; ByteDance will own 19.9% and ByteDance investors 35%
We may never know if the administration-brokered TikTok sale complies with the law … New York Times : Trump Clears Way for American-Owned TikTok Valued at $14 Billion Financial Times : TikTok US to be...
Sources outline negotiations between the Biden administration and TikTok ahead of the ban, as company insiders refute claims that a blackout helped their case
Drew Harwell / Washington Post :
Sources: ByteDance and the US restart their negotiations over TikTok's operations after six months, as calls to ban the app fade ahead of the 2024 US election
Drew Harwell / Washington Post :
Sources: ByteDance and the US restart their negotiations over TikTok's operations after six months, as calls to ban the app fade ahead of the 2024 US election
Drew Harwell / Washington Post :
A recap of TikTok CEO Shou Chew's testimony before Congress, in which he struggled to address national security concerns over ByteDance's ownership of TikTok
“[T]he day was dominated by political grandstanding that failed to acknowledge the real solutions already underway through Project Texas or productively address industry-wide issues of youth safety.” ...
Experts argue the TikTok ban by over two dozen US states is a reflection of government groupthink and an overreaction to an app officials don't fully understand
Drew Harwell / Washington Post :
A look at the US government's handwringing over TikTok and national security concerns, as China's government seeks to protect its powerful app and algorithms
the dozens of congressional letter, etc - have translated into actual action.” https://www.washingtonpost.com/ ... Elizabeth Dwoskin / @lizzadwoskin : Good morning to this brave new Twitter world! NEW...
As crypto markets tumbled, strict US regulatory rules on risky assets mostly insulated Wall Street from the chaos, while retail investors had no such safeguards
As cryptocurrency prices plunged and funds failed, strict rules on risky assets helped Wall Street companies sidestep the worst. Tweets: @drewharwell , @ianguider , @tphillips , @glastris , @drfarls ,...
Laws that ban facial recognition miss the larger point: we need laws on all tech used for identification and to decide how much of our data should be surveilled
and the ways that data is combined to create searchable profiles of us without any consent on our part. https://www.nytimes.com/... Dahlia Peterson / @dahlialpeterson : “A ban on facial recognition wo...
Amazon's Ring says 400+ law enforcement agencies across the US use its Neighbors Portal, which lets them ask owners for the footage from their Ring cameras
right at our front doors. https://www.washingtonpost.com/ ... Drew Harwell / @drewharwell : New: The doorbell-camera company Ring has forged partnerships with more than 400 police agencies across the ...