“And I said that the United States has to be compensated－well compensated－because we are the ones that are making it possible, and so we should be compensated.”

China Places Restrictions on The Export of TikTok Technology

August 30, 2020August 30, 2020 Tina Marie (Ms. Cat)

In a way similar to the U.S “entity list”, the procedure requires that companies engaging in exports this field first must approve of a regulatory license, otherwise no transactions or negotiations can take place. As a legal consequence, Chinese authorities therefore must prove any potential deal concerning the sale of TikTok to an American company.

TikTok CEO resigns amid U.S. pressure on business

August 27, 2020August 27, 2020 Tina Marie (Ms. Cat)

TikTok CEO resigns amid U.S. pressure on business

Here Are TikTok’s Top 5 Arguments For Why Trump’s Ban Violates The Chinese-Owned App’s Constitutional Rights

August 25, 2020 Tina Marie (Ms. Cat)

Here Are TikTok’s Top 5 Arguments For Why Trump’s Ban Violates The Chinese-Owned App’s Constitutional Rights

TikTok unveils new website aimed at dispelling ‘rumors & misinformation’ spread by Washington

August 18, 2020August 18, 2020 Tina Marie (Ms. Cat)

TikTok unveils new website aimed at dispelling ‘rumors & misinformation’ spread by Washington

TikTok has never provided any US user data to the Chinese government, nor would it do so if asked. Any insinuation to the contrary is unfounded and blatantly false,” the website says. It added that user data is stored in Virginia, with a back-up in Singapore, and that there are safeguards to ensure user privacy.

Website:

The Last Sunny Corner of the Internet

TikTok employees ready legal challenge in response to Trump order

August 18, 2020August 18, 2020 Tina Marie (Ms. Cat)

TikTok employees ready legal challenge in response to Trump order

Patrick Ryan, a technical program manager at TikTok, told The Hill that his lawsuit will focus on the constitutional right to due process, arguing it’s not the president’s decision “to permit or to not permit entire businesses on a whim.”

Oracle just reportedly entered the race to buy TikTok’s US operations, competing with rival Microsoft for the viral app as Trump’s deadline looms

August 18, 2020August 18, 2020 Tina Marie (Ms. Cat)

Oracle just reportedly entered the race to buy TikTok’s US operations, competing with rival Microsoft for the viral app as Trump’s deadline looms

Oracle is in preliminary talks with TikTok parent ByteDance to buy the app’s operations in the US, Canada, Australia, and New Zealand, the Financial Times reported Monday.
Oracle has been working with US investors, including General Atlantic and Sequoia Capital, who own a stake in TikTok already, according to the Financial Times.
Founder Larry Ellison is among Trump’s few public backers in Silicon Valley and CEO Safra Catz served on his presidential transition team.
Trump has tried to force a sale of the app to an American company through multiple executive orders, and so far Microsoft has been the leading contender.

ByteDance may have slightly longer to sell TikTok but Trump has also strengthened his hand, analysts say

August 15, 2020August 15, 2020 Tina Marie (Ms. Cat)

ByteDance may have slightly longer to sell TikTok but Trump has also strengthened his hand, analysts say

Friday’s announcement also authorises US officials to inspect TikTok and ByteDance’s books and information systems, to ensure the safety of personal data while the sale talks are ongoing. Among other things, the order requires ByteDance to destroy any data from TikTok users in the United States.