We’ve just had the closest look yet at the global battle against money laundering, and it’s deeply troubling: Banks and their regulators are nowhere near restraining the flow of trillions of dollars of illicit funds.
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US President Donald Trump said he supported a deal in principle that would allow TikTok to continue to operate in the US, even as it appeared to conflict with his earlier order for China’s ByteDance to divest the video app.
The European Union wants to arm itself with new powers to penalise big technology companies, the Financial Times reported on Sunday.
US President Donald Trump told Oracle’s Larry Ellison and Walmart’s Doug McMillon that he still wants the government to receive a payment as part of a deal for the US operations of TikTok.
The US commerce department issued order on Friday that will bar people in the US from downloading Chinese-owned messaging app WeChat and video-sharing app TikTok.
Ericsson has agreed to buy Cradlepoint in a $1.1-billion deal, the Swedish telecommunications gear maker said on Friday, as part of plans to expand its 5G-related products for business customers.
China’s ByteDance is planning a US initial public offering of TikTok Global, the new company that will operate the popular short-video app, should its proposed deal be cleared by the US government
US President Donald Trump raised questions on Wednesday about plans by China’s ByteDance to keep a majority stake in the US operations of popular social media platform TikTok.
Snowflake soared as much as 130% in its trading debut on Wednesday after raising $3.4-billion in an initial public offering, giving it a market value of more than $70-billion.
Apple is asking a court to reject Epic Games’ latest bid to get Fortnite back on the App Store, saying the game maker is acting as “a saboteur, not a martyr” in its challenge to Apple’s payment system.