US President Donald Trump agreed to allow Microsoft to negotiate the acquisition of popular short-video app TikTok if it could secure a deal in 45 days, three people familiar with the matter said.
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President Donald Trump will take action shortly on Chinese software companies that are feeding data directly to the Beijing government, posing a risk to US national security, secretary of state Mike Pompeo said.
President Donald Trump said on Friday he would sign an executive order as soon as Saturday to ban TikTok in the US, ratcheting up the pressure on the popular short-video app’s Chinese owner to sell it.
Apple surged over 10% to a record high on Friday after reporting blockbuster quarterly results, helping the iPhone maker eclipse Saudi Aramco to become the world’s most valuable publicly listed company.
The alleged mastermind behind the 15 July “hack” of Twitter accounts of business titans, celebrities and a former president didn’t need sophisticated hacking tools to pierce the company’s security system.
Nvidia is in advanced talks to acquire ARM, the chip designer owned by SoftBank Group, according to people familiar with the matter.
Australia will force Facebook and Google to pay Australian media outlets for news content in a landmark move to protect independent journalism that will be watched around the world.
Apple on Thursday delivered blowout quarterly results, reporting revenue gains across every category and in every geography as consumers working and learning from home turned to its products and services.
Facebook beat analysts’ estimates for quarterly revenue on Thursday and forecast similar growth ahead, as businesses tapped its digital ads tools despite an unprecedented boycott and the coronavirus pandemic.
Amazon.com on Thursday posted the biggest profit in its 26-year history as online sales and its lucrative business supporting third-party merchants surged during the coronavirus pandemic.