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 […]
Shares of the largest US pharmaceutical company Pfizer, down to 3.14% since the beginning of the year, rose to 3.83% on Friday on good news about its vaccine against the COVID-19. Currently, the mTNA candidate vaccine of BNT162b1, developed by Pfizer in the partnership with the German company BioNTech, the mechanism of the action of […]
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 […]
With the appearance of an effective vaccine against coronavirus and the subsequent recovery of the world economy, the US dollar may fall by 20%. This was reported by the Financial Times. It is noted that banks, which already had negative forecasts for the dollar next year, deteriorated expectations against the background of the emergence of […]
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The American company Rivian Automotive purchased the plant, formerly owned by the Japanese carmaker, and intends to use it for the production of electric cars. The reason for the suspension of production by the former owner at the Illinois plant was the fact that the model, which was produced there (light SUV Outlander Sport / […]
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The Commercial Court of Kyiv suspended the decision of the Antimonopoly Committee, which seized the accounts of tobacco companies as part of a forced fine of UAH 6.5 billion. “The court rejected their request. We welcome this decision, since the arrest of accounts could endanger the normal functioning of large companies and negatively affect tax […]
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“Svarog West Group” will direct $ 3.5 million for innovative projects in 2016. That was said by the chairman of the Corporation Andrey Gordiychuk in an interview to the AgroPolit.com. According to him, the investment “appetite” of the company significantly decreased in 2016. “But this does not apply to investments in research and development: ours are IT-solutions, […]
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The history of China’s statehood formation and development achieves several millennia, its nation has made a significant contribution into both material and spiritual culture of humanity throughout the world. Having in possession huge territories, essential labor and material resources and potentially large internal commerce, The Heavenly Empire has nearly all suppositions for creating integral, well-rounded […]
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The Polish oil and gas company PGNiG has appointed Pavlo Majewski chairman of the board. The previous chairman, Jerzy Kwieciński, worked for less than a year. “The company’s supervisory board has decided to appoint Pavlo Majewski as the chairman of the board of PGNiG from November 12, 2020 for a term until January 10, 2023”. […]
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The first license for an online casino in Ukraine was issued to SpaceX LLC. The Commission for Regulation of Gambling and Lotteries made the relevant decision on Tuesday, February 2. The license entitles the company to carry out “activities related to the organization and conduct of casino games on the Internet” legally. Serhiy Potapov is […]
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Enterprises and institutions of the space industry of Ukraine increased the net loss to 1.038 billion hryvnias from January to September 2020. This is 23 times more than in the first nine months of last year. In 2019, for the same period, the net loss amounted to 44.3 million hryvnias, according to the press service […]
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The company Amazon announced the launch of a new biometric technology Amazon One, allowing to customers to enter the store and pay for purchases by placing their palm on the scanner. However, users must first associate biometric information with the credit card. And then you can pay by placing the palm. This was reported by […]
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The Antimonopoly Committee gave the permission to the Nova Trade LTD Baileys company for the acquisition of more than 50% stake of the company “Kvass Beverages”, which is the part of the Coca-Cola Company Group. This is said in a statement of the regulator. The “Kvass Beverages”Company from Zaporizhzhya produces kvass of live fermentation under “Yarilo” […]
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Representatives of Yanair Ukrainian airlines are seriously thinking about creating their own flight school on the basis of the Zhytomyr airport. It came to be known to the journalists from CEO Volodymyr Sobolev. According to him, the last time Yanair received an impressive number of offers from foreign pilots who are willing to pay for […]
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Shares of Moderna that up to 252.6% since the beginning of the year, increased by 9% before the opening of trading on Wednesday against the backdrop of President Donald Trump signing a major government agreement with the company to supply 100 million doses of its mRNA-1273 vaccine against COVID-19. According to a Moderna press release […]
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British airline Virgin Atlantic Airways, which has assets and leading business, including in the United States, 49% of which belongs to the American Delta Airlines, filed a claim for bankruptcy protection in the Southern District of New York. Chapter 15 of the US Bankruptcy Code: “Law on Prevention of Abuse in Bankruptcy and Consumer Protection” […]
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For the first time, the National Bank has identified a list of critical infrastructure facilities in the banking system of Ukraine. This was reported on the regulator’s website on Friday, April 23. It is noted that such powers of the NBU are provided by the Law on Basic Principles of Cyber Security of Ukraine. “Objects […]
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European 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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PrivatBank transferred to the state budget the first tranche of dividends in the amount of UAH 10 billion, the bank’s press service reported on Friday, May 14. In total, PrivatBank will send UAH 19.4 billion for dividends to the state, which is 80% of last year’s profit (UAH 24.3 billion). In the first quarter of […]
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