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Oracle, ByteDance Accept Treasury TikTok Terms

Sep.17 — The Treasury Department, TikTok owner ByteDance Ltd. and Oracle Corp. have tentatively agreed to terms for Oracle’s bid for the U.S. operations of the social-media service. Anna Ashton, senior director of government affairs at the U.S.-China Business Council, discusses how she sees the deal playing out on “Bloomberg Technology.”

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Sep.17 — The Treasury Department, TikTok owner ByteDance Ltd. and Oracle Corp. have tentatively agreed to terms for Oracle’s bid for the U.S. operations of the social-media service. Anna Ashton, senior director of government affairs at the U.S.-China Business Council, discusses how she sees the deal playing out on “Bloomberg Technology.”

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29 Comments

29 Comments

  1. Alx

    September 17, 2020 at 10:49 pm

    Boycott All Made In China

    • john lin

      September 17, 2020 at 11:37 pm

      sparkle sparkles lol, education and critical thinking skills

    • PeachesCourage

      September 17, 2020 at 11:40 pm

      Pamela Popper youtube reads Dr’s papers she is saying Dr’s were bullied by county health and medicare into virus to fight this her state is successfully suing their governor

    • amanda wilder

      September 17, 2020 at 11:46 pm

      Trump paraphernalia….

    • David Evans

      September 18, 2020 at 12:06 am

      sparkle sparkles that’s you haha

    • R. D. Barnhart

      September 18, 2020 at 12:33 am

      I’m boycotting every company that works with ccp companies

  2. canucan

    September 17, 2020 at 11:04 pm

    This lady is slow with her news.

    • PeachesCourage

      September 17, 2020 at 11:41 pm

      Pamela Popper youtube reads Dr’s papers she is saying Dr’s were bullied into virus by county health and medicare to fight this her state is successfully suing their governor

  3. A B

    September 17, 2020 at 11:17 pm

    Stop voting for Democrats. They are stupid and incompetent! They have abandoned their responsibility to the people and will side with Black Life Matters riots, violence and intimidation!

  4. hrcutz

    September 17, 2020 at 11:45 pm

    Trump should stay the F out of tik tok because he hates them . Vote this orange clown out!

  5. bob doe

    September 17, 2020 at 11:46 pm

    A lot of bullshit surrounding TikTok. User data is stored on US soil, backup in Singapore. A forced sale is nothing but high tech highway robbery. Getting best AI and fastest growing user base on the cheap. USA day of reckoning is coming.

  6. Andy H

    September 17, 2020 at 11:49 pm

    we really don’t know anything

  7. J P

    September 18, 2020 at 12:02 am

    Larry Ellison of Oracle is a rich Trump crony. Oracle will either bury TikTok or plug it up with Trump propaganda.

    • Stand4 Freedom

      September 18, 2020 at 12:37 am

      Any proof?

  8. Jeffery Pettit

    September 18, 2020 at 12:05 am

    WHY DO PRIVATE COMPANIES HAVE TO GIVE TRUMP ADMIN MONEY FOR A DEAL THAT KING TRUMP COULDNT AFFORD TO DO HIMSELF

    • Jesse Killian

      September 18, 2020 at 12:08 am

      If Tik Toc was an American company I would follow what you’re saying. Foreign business should pay higher taxes for sales in the US.

    • marco rodriguez

      September 18, 2020 at 12:23 am

      @Jesse Killian he is trying to do it to american gaming companies. The Gov just wants all power

    • Stand4 Freedom

      September 18, 2020 at 12:40 am

      Trump is trying to fatten the US treasury. Do you have an issue w/ that? I would not doubt it, one bit if china stole concept from America anyway!

  9. William Royer

    September 18, 2020 at 12:05 am

    Tik tok kids outsmarted Donald Trump and spoiled his Tulsa rally????????????.

  10. Derek Vizcarra

    September 18, 2020 at 12:17 am

    TikTok is a mind wasting app

    • 人情味儿没有

      September 18, 2020 at 12:29 am

      Which app is not? Lol.

    • Stand4 Freedom

      September 18, 2020 at 12:37 am

      The difference here is China has your data. China may, if not already, is turning your kids against you! “Destroy America from within”… China business model

  11. Billy F

    September 18, 2020 at 12:23 am

    If Mike Pence doesn’t personally curate all the content on the internet, it’s just not safe. 😐

  12. marco rodriguez

    September 18, 2020 at 12:25 am

    Anyone curious to what really are the terms? Why is The US Gov so interested in all the user info on Tik Tok, worried what CHina will do with it but not what US will do? lol Why do you want to mess with gaming companies now.

  13. Riot Breaker

    September 18, 2020 at 12:27 am

    No security here, just some extra cash for the whatever in the white house.

  14. Agresseur

    September 18, 2020 at 12:32 am

    Republican Nationalization of Corporations…. it is just the start….. They are just like those guys in 1930s Germany.

  15. Tony T

    September 18, 2020 at 12:35 am

    All Americans I am filing a million people signed lawsuit against Tiktok because 10 thousand girls and boys raped and harassed because it is a dangerous app they attack Vulnerable children to give location it’s all Perverted men and women it’s just not safe

  16. MarcosElMalo2

    September 18, 2020 at 12:36 am

    Bottom line, it doesn’t matter which country the app is from or tied to. We need new consumer safeguards wrt privacy, security, and data collection in the U.S. I think this is, or *should* be, a separate issue.

    As far as China goes, we need a much more coherent and muscular approach if we’re going to coexist with them. Trump’s China policies have lacked coherence, even if they projected strength.

  17. Go or No Travel Guide

    September 18, 2020 at 12:53 am

    Why is anything to do with business any of stupid ???? Trump’s business? This has got to be illegal to interfere.

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President Trump Announces Apple and Intel Chip Collaboration | Bloomberg Tech 6/18/2026

Bloomberg’s Ed Ludlow discusses the latest announcement made by President Donald Trump, which will see Apple and Intel joining forces to produce chips domestically, sending shares of the chipmaker higher. Plus, Anduril’s CEO discusses how the company won a contract with the US Air Force to produce autonomous fighters. And, SpaceX wraps up its first…

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Bloomberg’s Ed Ludlow discusses the latest announcement made by President Donald Trump, which will see Apple and Intel joining forces to produce chips domestically, sending shares of the chipmaker higher. Plus, Anduril’s CEO discusses how the company won a contract with the US Air Force to produce autonomous fighters. And, SpaceX wraps up its first full week of trading, with shares falling for a second day straight.

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00:01:12 – Ian King & Mandeep Singh, Bloomberg News
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Rumble Bets on AI Compute Demand With New AI Platform

Video platform Rumble is jumping on the AI bandwagon with its newest AI platform. Launching as Quake AI, the new sector combines cloud, compute, and AI infrastructure, and is slated to dominate the company’s business segment. Rumble CEO Chris Pavlovski joins Ed Ludlow on “Bloomberg Tech” with more on the pivot. ——– Like this video?…

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Video platform Rumble is jumping on the AI bandwagon with its newest AI platform. Launching as Quake AI, the new sector combines cloud, compute, and AI infrastructure, and is slated to dominate the company’s business segment. Rumble CEO Chris Pavlovski joins Ed Ludlow on “Bloomberg Tech” with more on the pivot.
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Investors Anticipate Fresh Liquidity Following Historic SpaceX Debut

SpaceX’s historic public debut comes during a critical inflection point as a wave of multibillion-dollar AI companies prepare to go public. With the unprecedented IPO, investors are anticipating a wide-scale “distribution event” that will give private markets the fresh cash it desperately needs. Matt Witheiler, Head of Late-Stage Growth at Wellington Management, thinks the private…

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SpaceX’s historic public debut comes during a critical inflection point as a wave of multibillion-dollar AI companies prepare to go public. With the unprecedented IPO, investors are anticipating a wide-scale “distribution event” that will give private markets the fresh cash it desperately needs. Matt Witheiler, Head of Late-Stage Growth at Wellington Management, thinks the private tech ecosystem will see a cash return. He joins Ed Ludlow of “Bloomberg Tech”.
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