By Tim Culpan Let’s get something clear upfront: Microsoft‘s purchase of TikTok isn’t worth $50 billion. That’s my opinion. But then again, it’s not my money. Some investors in its parent company, ByteDance Ltd., think it’s worth that much, according to a Reuters report last week. Good for them. We’ll soon find out its true … Read more
NEW YORK: President Donald Trump plans to take action on a what he sees as a broad array of national security risks presented by software connected to the Chinese Communist Party, Secretary of State Mike Pompeo said Sunday. Pompeo’s remarks followed reports that Microsoft is in advanced talks to buy the U.S. operations of TikTok, … Read more
By Tony Czuczka The Trump administration will announce measures shortly against “a broad array” of Chinese-owned software deemed to pose national-security risks, U.S. Secretary of State Michael Pompeo said. The comments suggest a possible widening of U.S. measures beyond TikTok, the popular music-video app owned by ByteDance Ltd., one of China’s biggest tech companies. President … Read more
By Kurt Wagner Microsoft Corp. is exploring an acquisition of TikTok’s operations in the U.S., according to a person familiar with the matter. TikTok, a video-sharing app, is owned by China-based ByteDance Ltd., which has been evaluating changes to its business structure because of the U.S. government’s national security concerns. President Donald Trump plans to … Read more
By Alexander Burns For several years, it has been the stuff of his opponents’ nightmares: that President Donald Trump, facing the prospect of defeat in the 2020 election, would declare by presidential edict that the vote had been delayed or canceled. Never mind that no president has that power, that the timing of federal elections … Read more
The S&P 500 and Dow closed lower on Thursday after data painted a worrying economic picture on a crucial day for corporate earnings reports, while President Donald Trump exacerbated investor nervousness by floating the possibility of delaying the U.S. presidential election. The main earnings focus on Thursday was on reports from high-flyers including Apple Inc, … Read more
WASHINGTON: China under President Xi Jinping has become more aggressive and bullish, former US Ambassador to the United Nations Nikki Haley said on Tuesday, asserting that such a behavior is unlikely to last long. Indian-American Haley, in an interview to Fox News, said the Chinese were quiet and strategic during her tenure at the UN. … Read more
WASHINGTON: With the November election 100 days away, more Americans say the country is heading in the wrong direction than at any previous point in Donald Trump‘s presidency, putting the incumbent in a perilous position as his reelection bid against Democrat Joe Biden enters a pivotal stretch. A new poll from The Associated Press-NORC Center … Read more
By Caitlin Dickerson In early 2017, as Immigration and Customs Enforcement prepared to carry out the hard-line agenda on which President Donald Trump had campaigned, agency leaders jumped at the chance to let two filmmakers give a behind-the-scenes look at the process. But as the documentary neared completion in recent months, the administration fought mightily … Read more
By Flavia Krause-Jackson Shuttering businesses, grounding airlines and ordering people to stay home was hard enough the first time. The thought of having to do it all over again is something world leaders don’t want to even contemplate. From Italy to New Zealand, irrespective of how well the virus was contained, governments acknowledge that fresh … Read more