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President Donald Trump only agreed to allow Microsoft to negotiate the acquisition of popular short-video app TikTok if it could secure a deal in 45 days, three people familiar with the matter said on Sunday.
China’s ByteDance has agreed to divest the U.S. operations of TikTok completely in a bid to save a deal with the White House, after President Donald Trump said on Friday he had decided to ban the popular short-video app, two people familiar with the matter said on Saturday.
ByteDance, which also operates the social media app TikTok, developed Feishu as an internal app, then marketed it for business use in 2019. An international version of the app, called Lark, launched in April 2019 and is still operating in markets like Japan and Singapore.
United States Army soldiers can no longer use TikTok on government-owned phones following a decision to ban the app. The move comes amidst ongoing worries that the video app owned by Beijing-based company ByteDance could compromise national security or be used to influence or surveil Americans.
ByteDance is not currently exploring selling its stake in TikTok, despite a report from Bloomberg, stating that preliminary conversations were held as scrutiny from US officials grows.
The U.S. government has launched a national security review of TikTok owner Beijing ByteDance Technology Co’s $1 billion acquisition of U.S. social media app Musical .ly, according to two people familiar with the matter.
Chinese gaming company Beijing Kunlun Tech Co is seeking to sell Grindr, the popular gay dating app it has owned since 2016, after a U.S. government national security panel raised concerns about its ownership, according to people familiar with the matter.
President Donald Trump this week is due to launch the next phase of his economic confrontation with Beijing, with new restrictions on Chinese investments to clamp down on access to sensitive American technologies.
U.S. President Donald Trump on Monday blocked microchip maker Broadcom Ltd’s proposed takeover of Qualcomm Inc over fears of Chinese dominance of 5G mobile communications.
US President Donald Trump has blocked a Chinese government-financed firm's acquisition of an Oregon semiconductor maker on national security grounds.
The Kano Electricity Distribution Company (KEDCO) on Tuesday urged potential tenants to always verify electricity bill status before renting apartments in Kano, Katsina and Jigawa States.
Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, disclosed this on Tuesday in Lagos while briefing the media after the second edition of the monthly meeting of heads of maritime parastatals, held at the NIMASA headquarters.
China said it has made headway in cracking down on illegal online businesses, said a report on the country’s cybersecurity in 2019.
Kwara has recorded eight new cases of the coronavirus (COVID-19) pandemic as at 11.45p.m on Monday, Aug 10.
Dr. Obadiah Mailafia, a former Deputy Governor of the Central Bank of Nigeria, says repentant terrorists revealed that a serving northern governor is a Boko Haram leader. Mailafia said this on ‘Morning Crossfire’ programme on Nigeria Info Abuja 95.1FM on Monday.
Liverpool forward Taiwo Awoniyi believes he has done enough to earn an invitation to the Super Eagles.
Dr Felix Omobude, National President, Pentecostal Fellowship of Nigeria (PFN), has urged the federal government and the Independent National Electoral Commission (INEC) to ensure level playing fields during the forthcoming Edo and Ondo state polls.
The Edo state governorship elections slated to take place in September 19 has seen the two major camps on each other’s jugular. It has been a gale of accusations and counter accusations from the Governor Obaseki and former APC chairman Oshiomhole’s camps, with each trying to use every arsenal at their disposal to undo the other.
Angola says it will maintain closed borders to fight and prevent a spread of the COVID-19 pandemic in the country.
Ekiti State Governor, Dr Kayode Fayemi, has described the death of a former state lawmaker, Mr Kola Fakiyesi, as “very shocking and unfortunate”.