The order alleges that TikTok “automatically captures vast swaths of information from its users, including Internet and other network activity information such as location data and browsing and search histories. This data collection threatens to allow the Chinese Communist Party access to Americans’ personal and proprietary information — potentially allowing China to track the locations of Federal employees and contractors, build dossiers of personal information for blackmail, and conduct corporate espionage.” … [Read more...] about Pres. Donald Trump Issues Executive Order Banning TikTok If Not Sold By Parent Company
A special purpose acquisition company, also known as a shell company or blank-check company. Start-ups can merge with these companies in so-called blank-check or reverse mergers so they can go public without raising the money themselves. Such deals used to be more controversial, but the shaky economy and increasing number of big names entering them has erased a lot of the stigma. … [Read more...] about 5 things to know for August 7: Coronavirus, Beirut, Saudi Arabia, TikTok, police
In an interview with Wired in 2018, Lee said that Microsoft Research Asia played a major role in boosting China’s AI industry. Lee stated in the interview: “It was the most powerful company on earth, and Bill Gates was the richest person in the world and the number one idol in China,” Lee said. He noted that the founders of several Chinese AI companies focusing on facial recognition came through the lab. “We didn’t at the time know when the AI revolution would come, but we knew it was the next big thing.” … [Read more...] about Wired: Microsoft’s ‘Roots in China’ Are Key to Buying TikTok
Unfortunately, it is owned by a Chinese company and subject to Chinese laws — meaning American user data is at the mercy of the Chinese Communist party, and American users get censored to please the same party. Because of this, the Trump administration has threatened to ban TikTok in the U.S. … [Read more...] about Bokhari: Why Is the Trump WH Gifting TikTok to the Big Tech Masters of the Universe?
TikTok on Friday responded to President TrumpDonald John TrumpBiden says his faith is 'bedrock foundation of my life' after Trump claim Coronavirus talks on life support as parties dig in, pass blame Ohio governor tests negative in second coronavirus test MORE's executive order banning the company from operating in the U.S. in 45 days, saying it shows "no adherence to the law." … [Read more...] about TikTok slams Trump’s executive order, promises to pursue ‘all remedies’