Sunday, 29 May, 2022
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TopicByteDance

Topic: ByteDance

In TikTok sale, Microsoft is no loser and oracle no winner

Tim Culpan -
Despite Oracle Chairman Larry Ellison’s backing for Trump, there’s no guarantee the separation of TikTok from ByteDance will be clean enough to pass White House muster. 

Why Trump’s TikTok ban leaves Apple and Google stuck in the middle

Shelly Banjo -
Trump administration can order American companies like Google & Apple to stop carrying the app, but can't stop American teens from finding workarounds to access the website.

After blows in India, US, UK, TikTok owner to spend billions to expand from Singapore

Chanyaporn Chanjaroen -
Singapore is becoming a regional base for both Western and Chinese companies because of its developed financial and legal system.

Trump won’t extend deadline for TikTok to arrange US sale

Josh Wingrove -
The parties are still racing to present a preliminary deal to the White House before this month’s deadline, though no agreement could be finalized before Beijing’s sign-off.

TikTok’s price is the biggest question mark in Microsoft’s already complex deal to buy it

Shelly Banjo -
Analysts peg TikTok's US business value anywhere from $20 billion to $50 billion, a wide range that reflects the complexity involved in separating the app’s global business.

Microsoft tries to salvage deal to buy TikTok as CEO Satya Nadella seeks to appease Trump

Shelly Banjo -
After closed-door discussions with TikTok and Trump, Microsoft says it will complete talks to buy the app’s operations by 15 September.

A TikTok-Microsoft deal might solve everything

Tae Kim -
An independent TikTok owned by American venture capital firms is a preferable option. By staying separate, it can hire the best engineers with tantalizing pre-IPO stock options.

Combative TikTok founder battles to save app from Trump ban threats

Zheping Huang -
ByteDance’s venture investors have urged Zhang to sell a majority stake in TikTok. The idea is that TikTok could become a US company, while ByteDance retains a minority stake. 

US begins reviewing China’s TikTok, WeChat for national security risks

Jennifer Jacobs -
US President Donald Trump has floated a ban on TikTok as retaliation against China over its handling of Covid and the crackdowns on Hong Kong and Uighur Muslims.

US is alarmed by the huge amount of user data TikTok is collecting in America

Shelly Banjo -
According to researchers, TikTok starts collecting data the minute you download the app, tracks websites you browse and how you type, down to keystroke rhythms & patterns.
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Economy

Representational image of cryptocurrencies | Pizabay

What are UST & Luna and why the fall of 2 ‘stablecoins’ led to a crypto crash in India

Shubham Batra -
Along with crash in value of UST and Luna coins, Indian market for crypto assets also reeling under strict control imposed by government, with the imposition of TDS on all crypto transactions.

Defence

NSA Ajit Doval with NSAs from the other countries at the meeting at Dushanbe, Tajikistan | Photo: Courtesy the NSA's office

NSA Ajit Doval pushes for ‘terror free’ Afghanistan, says India stands with Afghan people

Snehesh Alex Philip -
Doval's comments came at 4th Regional Security Dialogue on Afghanistan attended by national security advisors from Tajikistan, India, Russia, Kazakhstan, Uzbekistan, Iran, Kyrgyzstan & China.

National Interest

Why it’s obscene to tell Ukraine to give in & how war-upended global balance of power brings openings for India

Shekhar Gupta -
Global order is in flux, and India is being wooed by all. It opens up economic, strategic & military possibilities unimaginable till recently. It is for India to take this opportunity.

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