Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC.
Forcing TikTok to operate in a radically transparent way would go a long way toward assuaging Americans’ fears. It could pressure TikTok to submit to regular audits of its data-collection practices, and open up its internal content moderation guidelines for public comment. 2. So he walks to school, Watch the country's first firefighting robot in action, Here's what you need to know about the iPhone 12, QAnon has hijacked the name of a real organization trying to save children, How this former QAnon believer escaped the virtual cult, This material could transform the solar energy sector, This crease in Biden's shirt fueled a conspiracy theory, Watch Ring's indoor drone prototype patrol a house, Trump is stealing China's playbook to deal with TikTok, introduced new rules that govern the sale of certain kinds of technology, aggressive pushback from Chinese state media. “This is a chance to come up with a thoughtful model of how to regulate companies that operate in both the U.S. and China, no matter their ownership,” he said. It could require the company to open-source key parts of its software, including the machine-learning algorithms that determine which posts users are shown. He questioned whether Microsoft should "divest its Chinese holdings" if it buys the app. Disclaimer. Hong Kong (CNN Business)TikTok averted a ban in the United States last week when a federal judge ruled that Washington couldn't block it from app stores just yet. And since banning every Chinese-owned tech company from operating in America wouldn’t be possible without erecting our own version of China’s Great Firewall — a drastic step that would raise concerns about censorship and authoritarian control — we need to figure out a way for Chinese apps and American democracy to coexist. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. “I think TikTok is a bit of a red herring,” Alex Stamos, Facebook’s former chief security officer and a professor at Stanford University, told me in an interview. Confusingly, one of Trump's executive orders gave TikTok a much longer Nov. 12 deadline to find a US buyer. At its core, a lot of the TikTok fear factor comes down to a lack of information. (In the days after that, a person familiar with the deal told CNN Business that TikTok Global would be partially owned by ByteDance's international and Chinese investors, but that ByteDance itself will hold zero percent of the company to be created by the deal to run the app outside of China.). All rights reserved. Jamie Favazza, a TikTok spokeswoman, said in a statement that in addition to the chief executive, the social network had an American as its chief information security officer and another as its head of safety. All of this might have been overlooked or forgiven, except for one fact. Most stock quote data provided by BATS. Most stock quote data provided by BATS. The company has hired a small army of lobbyists in Washington, has brought in an American chief executive (the former Disney executive Kevin Mayer) and is reportedly exploring selling a majority stake in the company to American investors. There are also reasons to be skeptical of the motives of TikTok’s biggest critics.
All times are ET. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. China's role in signing off on the deal is murky, though. The ruling could also eventually be thrown out: The judge only weighed in because TikTok. Trump approves Oracle, Walmart deal for TikTok, Disney's new robot has a creepily human gaze, Twitter flags Trump's tweet on mail-in voting in Pennsylvania, False video of Biden aims to make him look unfit for office. TikTok is owned by ByteDance, one of the largest tech companies in China. Peter Navarro, White House trade adviser, discusses Microsoft's potential purchase of TikTok, noting that there is "suspicious stuff" between China and Microsoft. TikTok's Chinese owner, ByteDance, is racing to close a deal with the American firms, US President Donald Trump and his administration, Those attacks came to a head in August, when Trump issued executive orders. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC 2018 and/or its affiliates. I’ll be honest: I don’t buy the argument that TikTok is an urgent threat to America’s national security. But we still don’t know how TikTok’s algorithms are programmed, or why they’re showing which videos to which users. The two firms would own at least part of a new entity called TikTok Global, which would be headquartered in the United States. For a while, it seemed that TikTok might dodge the techlash. A ban on the ability to download TikTok from US app stores was originally supposed to go into effect Sept. 20, according to the US Commerce Department. Welcome to the official TikTok of #PSV. All rights reserved.
Lawmakers have also raised concerns that TikTok could be used to promote pro-China propaganda to young Americans, or censor politically sensitive content. After all, what could be problematic about a short-form video app featuring a bunch of teenagers and 20-somethings doing choreographed dances, roller skating, hanging out in influencer mansions and cutting into photorealistic cakes? Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. The US Commerce Department has said that it intends to "vigorously defend" its order, and there have been no major developments in the court case since the judge issued his ruling last week. 1.1 million watched it, Watch this flying car complete its first flight, Fact-checker calls the person who sent him a death threat.
There's another Chinese-owned app that's also facing pressure in the United States. The agreement with Oracle and Walmart is still a work in progress.
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