US President Donald Trump has expressed dissatisfaction with the fact that under the terms of the agreement between ByteDance and Oracle, the Chinese company will retain a majority stake in the TikTok service, and Oracle will have a minority stake. This Trump said during the press briefing at the White House.
Responding to the question from one of the journalists how he felt about ByteDance retaining a majority stake in TikTok, the president said: “We don’t like it. Hypothetically I can tell you that I do not like it. I have not been informed about it yet. It was reported, but I was not personally informed … If it is true, I’m not happy about it, assuming that ByteDance is China, and that may be the case, I think. ”
The President noted that he was not ready to sign any agreements. “There must be a 100 percent security guarantee in terms of national security … We need security, especially after what we have seen in connection with China and what is happening. We need the security, “- said the president.
Meanwhile, the terms of the agreement between of ByteDance and TikTok are being considered by the US Foreign Investment Committee (CFIUS), which will present its decision soon.
The United States plans to announce the readiness of the American vaccine against the coronavirus infection COVID-19 in the near future. The promise was made on Thursday by US President Donald Trump during the final round of election debates with the Democratic candidate Joe Biden at Belmont University in Nashville, Tennessee. This was reported by […]
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Court of the United States in late Sunday night temporarily blocked ban by the administration of President Donald Trump on downloading the TikTok program. This was reported by Reuters on Monday, September 28. Considered, that that the ban was to take effect on Sunday at 23:59 local time (Monday at 6:59 Kyiv time). However, the […]
Microsoft`s shares fell slightly on Monday before the opening of trading due to the news of the failure the deal of buying the popular application TikTok in Chinese ByteDance. Through the support of the deal by President Donald Trump, Shares of Oracle, which is considered №1 candidate of buying TikTok increased by 10% before the […]
On Tuesday, Chinese Foreign Minister Wang Yi presented the government’s initiative to implement global data security standards, “golden rules” which should be applied by Chinese and other companies around the world. Among a number of points, the key ones are: preventing the illegal receipt of confidential personal information, ensuring the storage user`s data on the […]
TikTok and one of its employees sued the administration of US President Donald Trump on Monday, because of his decree of a banning video service transactions in the United States, calling it a reason to incite anti-Chinese rhetoric as he seeks to win the election. TikTok Company of Culver City, California, and its Chinese parent […]
The U.S. Department of Labor’s weekly report on Thursday showed that the number of initial applications for unemployment benefits in the country rose to 1.106 million in the week ended August 15, which is worse than the forecast of economists at 925 thousand and worse than the previous week, when the figure of 971 thousand […]
In 2015, the company built a plant for the production of probiotics, conducted a reconstruction of the station for a blood transfusion, as well as invested in the development of new drugs. The Pharmaceutical company Biopharma (Kiev region) intends to keep the volume of investments in development at the level of 2015 – $ 12 […]
NextShares of US electric car manufacturer Tesla continue to rise sharply amid news of the company’s future accession to the S&P index. On Tuesday, November 24, the market value of Elon Musk’s company crossed the $ 500 billion mark for the first time. Tesla shares are said to have risen nearly 550 percent this year, […]
NextThe savings of Ukrainian citizens outside the banking system are estimated at $ 30-35 billion. This estimate was given by the chairman of the National Bank Kyrylo Shevchenko during the Kyiv Economic Forum. There are different estimates of the “gray” economy. We in the National Bank believe that this is up to 30% of GDP. […]
NextApple Inc. for the first time in 2016 ranked first in the list of most valuable brands in the world. Brand Finance analysts estimated the company at $ 263.4 billion. Amazon ($ 254.2 billion) is second in the annual Brand Finance Global 500 ranking, followed by Google ($ 191.2 billion). The top ten most expensive […]
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NextEuropean standards for the mobile communication in Ukraine will take effect by the end of 2021. According to the standards, the Cabinet of Ministers at the meeting on September 30 approved the plan to improve the quality of mobile communications. It involves the transition to the European approaches for informing users about the level of […]
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