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The US Commerce Department announced on Friday that it will ban the download of Chinese apps TikTok<\/a> and WeChat<\/a> on Sunday, including a complete ban on the use of the latter, citing national security and data privacy concerns. For TikTok, though, a total ban will kick in only on November 12.
Chinese company ByteDance, which owns TikTok, is hoping to clinch a deal with the White House that would allow it to continue functioning in the US, where it has 100 million users, mostly posting goofy videos that capture the zeitgeist.
Earlier this week, Oracle had confirmed that it was the winning bidder for TikTok and chose to go with the description of TikTok's \"trusted technology provider\" rather than sale or acquisition. Oracle was among the pool of bidders, including Microsoft and Walmart<\/a>, to buy TikTok's American operations. Details remain sketchy at this point in time.
Until Thursday evening, Trump continued to say that his administration had spoken to Walmart<\/a> and Oracle Corp<\/a> and that Microsoft \"is still involved\". Microsoft on September 13 had announced that its bid was rejected by ByteDance.
Overall, there's just a lot more \"idiosyncratic risk\", Sean Darby, Jeffries Global Equity strategist, told Bloomberg Business<\/a> in the context of the simmering US-China tensions across trade, 5G and now TikTok.
Commerce Secretary Wilbur Ross, during his remarks on Fox Business Network, left the door open to the prospect of a TikTok deal, saying that access to the app may be possible if safeguards are put into place.
The Commerce Department lists four broad categories of transactions that are \"prohibited\" for WeChat<\/a> as of September 20 and and as of November 12 for TikTok: \"Any provision of internet hosting services enabling the functioning or optimisation of the mobile application in the US; any provision of content delivery network services enabling the functioning or optimization of the mobile application in the US; any provision directly contracted or arranged internet transit or peering services enabling the function or optimization of the mobile application within the US; any utilisation of the mobile application's constituent code, functions, or services in the functioning of software or services developed and\/or accessible within the US.\"
Earlier this week, Trump said he was stunned that the US Treasury could not get payment for signing off on the deal.
\"Amazingly, I find that you're not allowed to do that. If they're willing to make big payments to the government they're not allowed because... There's no legal path to doing that... How foolish can we be,\" Trump said.
Security experts have raised red flags that TikTok, even if it snags a US partner, would have information on 100 million TikTok users in the US, and therefore remains a risky player.
Trump said this week that he is opposed to ByteDance retaining a majority stake in TikTok.<\/body>","next_sibling":[{"msid":78198578,"title":"Apple iPhone 12 Pro Max may come with 6GB RAM: Report","entity_type":"ARTICLE","link":"\/news\/apple-iphone-12-pro-max-may-come-with-6gb-ram-report\/78198578","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":78198590,"entity_type":"ARTICLE","title":"By delaying total ban on TikTok to Nov 12, Trump admin hawks warming up to deal: Analysts","synopsis":"Chinese company ByteDance, which owns TikTok, is hoping to clinch a deal with the White House that would allow it to continue functioning in the US, where it has 100 million users, mostly posting goofy videos that capture the zeitgeist.","titleseo":"telecomnews\/by-delaying-total-ban-on-tiktok-to-nov-12-trump-admin-hawks-warming-up-to-deal-analysts","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":409,"shares":0,"engagementtimems":1840000},"Alttitle":{"minfo":""},"artag":"IANS","artdate":"2020-09-19 08:38:51","lastupd":"2020-09-19 08:42:18","breadcrumbTags":["TikTok","Oracle Corp","WeChat","walmart","tiktok-us","international","bloomberg business","MVAS\/Apps","information privacy"],"secinfo":{"seolocation":"telecomnews\/by-delaying-total-ban-on-tiktok-to-nov-12-trump-admin-hawks-warming-up-to-deal-analysts"}}" data-authors="[" "]" data-category-name="" data-category_id="" data-date="2020-09-19" data-index="article_1">
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通过推迟全面禁止TikTok 11月12日,特朗普管理鹰派热身交易:分析师
中国公司ByteDance拥有TikTok,与白宫希望成交,使其继续运转在美国,它拥有1亿用户,主要是发布高飞视频捕捉时代精神。
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美国商务部周五宣布将禁止下载中国的应用TikTok和微信周日,包括全面禁止使用后者,以国家安全为由和数据隐私问题。不过,TikTok全面禁止只会在11月12日。
中国公司ByteDance拥有TikTok,与白宫希望成交,使其继续运转在美国,它拥有1亿用户,主要是发布高飞视频捕捉时代精神。
本周早些时候,甲骨文已经证实这是中标人TikTok TikTok和选择与描述的“可信技术提供商”而不是出售或收购。甲骨文是投标人的池中,包括微软和沃尔玛收购TikTok的美国业务。在这个时间点细节仍未敲定。
直到星期四晚上,特朗普继续说他的政府说话沃尔玛和甲骨文(orcl . o:行情)和微软“仍然”。微软9月13日宣布,其投标被ByteDance拒绝了。
总的来说,有更多的“特殊风险”,Jeffries全球股票策略师达比(Sean Darby)说彭博社商业在升温的美中紧张的背景下,在贸易、5克,现在TikTok。
商务部长威尔伯•罗斯在他的言论在福克斯商业网络,把门打开TikTok协议的前景,说访问应用程序可能如果安全措施落实到位。
美国商务部列表四大类事务是“禁止”微信截止到9月20日和11月12日,TikTok:“互联网托管服务支持功能的任何条款或在美国移动应用程序的优化;任何条款的内容分发网络服务支持功能或在美国移动应用程序的优化;任何条款直接合同或安排网络交通或对等服务启用功能或在美国移动应用程序的优化;任何利用移动应用程序的组成部分的代码,功能,或服务功能的软件或服务开发和/或访问美国。”
本周早些时候,特朗普说,他惊呆了,美国财政部无法支付签署协议。
“令人惊讶的是,我发现你不允许这样做。如果他们愿意支付大政府他们不允许,因为……没有法律路径做……特朗普说,“多么愚蠢,我们可以。
安全专家,TikTok亮起了红灯,即使障碍我们的合作伙伴,将在美国有1亿TikTok用户信息,因此仍然是一个高风险的球员。
特朗普本周表示,他反对ByteDance保留TikTok的多数股权。
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