Story Edition - ByteDance Offers To Sell TikTok's US Operations Ban Looms: Report

 
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Monday, August 10, 2020

7:08:00 AM CEST

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Geolocation Information

Place : White House
Geo Path : White House,Robertson,Tennessee,U S
lat : 36.46324   lon : -86.667812

Quotes... Extracted quotes

James Lewis said: “It looks like ByteDance may be getting squeezed by Beijing, so making them divest makes sense,” External link

ibtimesSaturday, August 1, 2020 6:22:00 AM CEST

Christopher Skinner says: “The decision ultimately rests with the president, because that’s the way the legislation is written,” External link

wiredSaturday, August 1, 2020 1:07:00 AM CEST

Vanessa Pappas said: “I want to say thank you to the millions of Americans who use TikTok every day bringing their creativity and joy into our daily lives. We’ve heard your outpouring of support, and we want to say thank you, we’re not planning on going anywhere,” External link

mediaiteSaturday, August 1, 2020 6:05:00 PM CEST

Donald Trump said: “As far as TikTok is concerned we’re banning them from the United States,” "I have that authority. I can do it with an executive order or that" External link

newsnow-co-ukSaturday, August 1, 2020 9:26:00 AM CEST

Mike Pompeo told: “We are taking this very seriously. We are certainly looking at it,” External link

dailycallerSaturday, August 1, 2020 3:30:00 PM CEST

Donald Trump said: “Well, I have that authority. I can do it with an executive order or that,” External link

google-top-storiesSaturday, August 1, 2020 6:11:00 AM CEST

Kevin Wolf says: “has plenary authority to force a divestiture of a US business controlled by a foreign person if he determines there are unresolved national security concerns with the control,” External link

wiredSaturday, August 1, 2020 1:07:00 AM CEST

Brad Reback said: "For Microsoft, getting an audience like TikTok's would be very positive, " External link

4-tradersSaturday, August 1, 2020 6:00:00 AM CEST

Marco Rubio said: “In its current form, TikTok represents a potential threat to personal privacy and our national security,” External link

newsnow-co-ukSaturday, August 1, 2020 12:52:00 AM CEST

Vanessa Pappas said: "We're not planning on going anywhere," External link

ibtimesSaturday, August 1, 2020 9:59:00 PM CEST

Vanessa Pappas said: "We've heard your outpouring of support and we want to say thank you. We're not planning on going anywhere" External link

msn-ukSaturday, August 1, 2020 7:53:00 PM CEST

Donald Trump said: “As far as TikTok is concerned, we are going to ban it in the United States” External link

en24Saturday, August 1, 2020 6:31:00 PM CEST

Kevin Mayer wrote: "We will not wait for regulation to come," "Experts can observe our moderation policies in real-time, as well as examine the actual code that drives our algorithms. This puts us a step ahead of the industry, and we encourage others to follow suit" External link

nprFriday, July 31, 2020 10:51:00 PM CEST

Donald Trump told: "It’s going to be signed tomorrow”. Reports by and the Wall Street Journal citing anonymous sources said the administration could soon announce a decision ordering ByteDance to divest its ownership in TikTok. There have been reports of U.S. tech giants and financial firms being interested in buying or investing in TikTok as the Trump administration sets its sights on the app. The New York Times and Fox Business, citing an unidentified source, reported Friday that Microsoft is Microsoft declined to comment. TikTok issued a statement Friday saying that, “While we do not comment on rumors or speculation, we are confident in the long-term success of TikTok”. ByteDance launched TikTok in 2017, then bought Musical.ly, a video service popular with teens in the U.S. and Europe, and combined the two. A twin service, Douyin, is available for Chinese users. TikTok's fun, goofy videos and ease of use has made it immensely popular , and U.S. tech giants like Facebook and Snapchat see it as a competitive threat. It has said it has tens of millions of U.S. users and hundreds of millions globally. But its Chinese ownership has raised concerns about the censorship of videos, including those critical of the Chinese government, and the potential for sharing user data with Chinese officials. TikTok maintains it doesn't censor videos based on topics sensitive to China and it would not give the Chinese government access to U.S. user data even if asked. The company has hired a U.S. CEO, a former top Disney executive, in an attempt to distance itself from its Chinese ownership. U.S. national-security officials have been reviewing the Musical.ly acquisition in recent months, while U.S. armed forces have banned their employees from installing TikTok on government-issued phones. Secretary of State Mike Pompeo said earlier this month that the U.S. was considering banning TikTok. These national-security worries parallel a broader U.S. security crackdown on Chinese companies, including telecom providers Huawei and ZTE. The Trump administration has ordered that the U.S. stop funding equipment from those providers in U.S. networks. It has also tried to steer allies away from Huawei because of worries about the Chinese government's access to data, which the company has denied it has. The Trump administration has stepped in before to block or dissolve deals on national-security concerns, including stopping Singapore's Broadcom from its $117 billion bid for U.S. chipmaker Qualcomm in 2018 in an effort to help retain U.S. leadership in the telecom space. It also told China's Beijing Kunlun Tech Co. to sell off its 2016 purchase of gay dating app Grindr. Other countries are also taking action against TikTok. India this month banned dozens of Chinese apps, including TikTok, citing privacy concerns, amid tensions between the countries. Associated Press writers Kevin Freking aboard Air Force One and Zeke Miller in Washington contributed to this report. ByteDance-TikTok FILE - This Feb. 25, 2020, file photo, shows the icon for TikTok in New York. President Donald Trump will order China’s ByteDance to sell its hit video app TikTok because of national-security concerns, according to reports published Friday, July 31, 2020. “We are looking at TikTok," External link

krmgSaturday, August 1, 2020 6:32:00 AM CEST

Vanessa Pappas said: "We appreciate the support, we're here for the long run, continue to share your voice here and let's stand for TikTok," External link

newsnow-co-ukSaturday, August 1, 2020 6:30:00 PM CEST

Donald Trump said: “We are looking at a lot of alternatives with respect to TikTok,” External link

HindustanTimesSaturday, August 1, 2020 7:14:00 AM CEST

Donald Trump told: “As far as TikTok is concerned, we are banning them from the United States... I will sign the document tomorrow,” External link

newshubSaturday, August 1, 2020 6:08:00 AM CEST

Michael Pachter said: "might be able to pull this off and may be capitalizing on the opportunity, where the other guys would face scrutiny," External link

cnetSaturday, August 1, 2020 5:52:00 AM CEST

Wayne Lam said: "The tech community will be very hesitant to go along with this app ban," External link

cnetSaturday, August 1, 2020 2:40:00 AM CEST

Peter Navarro said: “If TikTok separates as an American company, that doesn’t help us,” “Because it’s going to be worse -- we’re going to have to give China billions of dollars for the privilege of having TikTok operate on U.S. soil” External link

news-yahooSaturday, August 1, 2020 4:15:00 PM CEST

Charles Schumer said: "This new investigation is validation of our concern that apps like TikTok -- that store massive amounts of personal data accessible to foreign governments -- may pose serious risks to millions of Americans and deserve greater scrutiny," External link

4-tradersFriday, July 31, 2020 10:58:00 PM CEST

Donald Trump said: "Not the deal that you have been hearing about, that they are going to buy and sell... We are not an M&A (mergers and acquisitions) country," External link

news-yahooSaturday, August 1, 2020 8:21:00 PM CEST

Jennifer Granick said: "With any Internet platform, we should be concerned about the risk that sensitive private data will be funneled to abusive governments, including our own," External link

ibtimesSaturday, August 1, 2020 9:59:00 PM CEST

Donald Trump told: "As far as TikTok is concerned, we're banning them from the United States. We may be doing some other things. There a couple of options, but a lot of things are happening. So we'll see what happens," External link

ibtimes-inSaturday, August 1, 2020 7:38:00 AM CEST

Mike Pompeo suggested: “only if you want your private information in the hands of the Chinese Communist Party,” External link

buzzfeednewsSaturday, August 1, 2020 5:37:00 AM CEST

Marco Rubio said: "Moving forward, we must establish a framework of standards that must be met before a high-risk, foreign-based app is allowed to operate on American telecommunications networks and devices ," External link

nikkei-enSaturday, August 1, 2020 12:29:00 AM CEST

Donald Trump said: “We’re banning them from the United States,” External link

news-yahooSaturday, August 1, 2020 5:50:00 AM CEST

Michael McCaul said: "This isn't just about the CCP collecting data from unwitting Americans on TikTok or similar apps; they also control the content users see," External link

4-tradersSaturday, August 1, 2020 6:17:00 AM CEST

Dan Ives said: "Microsoft buying TikTok and these U.S. operations would resolve the security issues with this app and also give Redmond a crown jewel on the consumer social media front at a time that other FAANG peers are under massive regulatory scrutiny with antitrust concerns swirling," External link

nikkei-enSaturday, August 1, 2020 12:29:00 AM CEST

Carolina Milanesi said: "I don't know at that point how you police that," External link

cnetSaturday, August 1, 2020 2:40:00 AM CEST

Donald Trump told: “As far as TikTok is concerned, we’re banning them from the United States,” External link

kslSaturday, August 1, 2020 5:18:00 AM CEST

Mike Pompeo told: "We are taking this very seriously," External link

newsnow-co-ukSaturday, August 1, 2020 9:26:00 AM CEST

Mike Pompeo said: "With respect to Chinese apps on people's cell phones, I can assure you the United States will get this one right," External link

thesunSaturday, August 1, 2020 5:56:00 AM CEST

Marco Rubio said (about Donald Trump): "In its current form, TikTok represents a potential threat to personal privacy and our national security. I applaud the Trump Administration for taking this critical step, but we must do more than simply remove ByteDance from the equation," External link

financialexpressSaturday, August 1, 2020 6:39:00 AM CEST

Dan Ives said: “Its consumer strategy remains in flux and an aggressive acquisition (or strategic investment) of TikTok would be Microsoft throwing its hat in the ring and trying to compete with other tech giants in a new avenue of growth,” External link

newsnow-co-ukSaturday, August 1, 2020 12:52:00 AM CEST

Dan Ives said: "would be a big bet on the consumer social media space, which the company has stayed away from over the last decade," External link

4-tradersSaturday, August 1, 2020 6:00:00 AM CEST

Donald Trump said: "We may be doing some other things. There are a couple of options. But a lot of things are happening, so we'll see what happens. But we are looking at a lot alternatives with respect to TikTok ," External link

financialexpressSaturday, August 1, 2020 6:39:00 AM CEST

Vanessa Pappas said: “We’re not planning on going anywhere,” “TikTok is a home for creators and artists to express themselves, their ideas, and connect with others across different backgrounds and we are so proud of all the various communities that call TikTok their home” External link

azcentralSaturday, August 1, 2020 8:39:00 PM CEST

Mr Thomas said: "Consumers love TikTok in Australia, precisely because we focus on providing an experience that is safe as well as fun," "We already have multiple safety measures in place for consumers, and we are continuing to invest in making it even safer" External link

news_com_auSaturday, August 1, 2020 5:45:00 AM CEST

Donald Trump told: “We are looking at TikTok. We may be banning TikTok,” External link

financialexpressSaturday, August 1, 2020 6:39:00 AM CEST

Donald Trump said: "We're looking at TikTok. We may be banning TikTok. We may be doing some other things," External link

reutersSaturday, August 1, 2020 4:28:00 AM CEST

Sanjay Bhatia said: "We have ensured strong arrangements here. In fact, we have ensured a safe environment in several big and small mosques on this occasion. namaz will be offered at 6:05 am," External link

rediffSaturday, August 1, 2020 6:01:00 AM CEST

Hilary McQuaide said: "We have never provided user data to the Chinese government, nor would we do so if asked," External link

newsnow-co-ukSaturday, August 1, 2020 7:55:00 AM CEST

Countries

Subtitles

  • Exclusive: ByteDance offers to forgo stake in TikTok to clinch U.S. deal - sources
  • ByteDance and Microsoft offer deal to allow TikTok to remain in the U.S., per report
  • ByteDance offers to sell TikTok app as Trump ban looms: report
  • ...
  • TikTok Responds To Trump: ‘We’re Not Planning On Going Anywhere’
  • Q&A: What would a US ban on Chinese-owned app TikTok mean?
  • TikTok Defends Platform After Trump Says He’s Going to Ban It

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