TikTok's US Operations Acquired By Software Company Oracle

Dade Hayes Finance EditorEXCLUSIVE: Virgil Films & Entertainment has acquired North American rights to Nasrin, a documentary about activist Nasrin Sotoudeh narrated by Oscar winner Olivia Colman.Sotoudeh is a human rights activists and an outspoken leader of Iran’s women’s rights movement. Last week, she cited serious health concerns in ending a six-week hunger strike in Evin Prison, where she has been serving a nearly four-decade sentence.

Todd Spangler NY Digital EditorThe federal judge who blocked the White House’s ban on TikTok downloads in the U.S. Sunday night said that the Trump administration “likely exceeded the lawful bounds” of the powers afforded to the president under the the International Emergency Economic Powers Act.President Trump invoked the IEEPA in his executive order to ban TikTok, the short-form video app owned by Chinese internet giant ByteDance, in the United States.

Charlie Puth is heating things up.

Also Read: 'Cuties' Director Blames Poster for Right-Wing Attacks: 'People Judged Without Understanding the Real Message'“DNA” stars Fanny Ardant, Louis Garrel, Dylan Robert, Marine Vacth, Caroline Chaniolleau, Alain Françon, Florent Lacger, Henri-Noël Tabary, Omar Marwan and Maïwenn.Maïwenn directed from a screenplay she wrote with Mathieu Demy. “DNA” is a production of Why Not Productions and Arte France Cinéma.

Todd Spangler NY Digital EditorThe fate of TikTok isn’t fully settled yet.In a sign that the talks over the ownership transfer of TikTok to U.S.-controlled parties — forced by the Trump administration — could potentially get derailed, Oracle and ByteDance, TikTok’s Chinese parent, are making different claims about who will own what in the newly reincarnated TikTok Global.On Sunday, ByteDance said in a statement that it would own 80% of TikTok Global, with Oracle and Walmart collectively taking

TikTok will seemingly continue to operate in the US after President Donald Trump gave his “blessing” to a proposed deal that will see the video-sharing app partnering with Oracle.The app, along with WeChat, had previously faced a download ban after the US government said they were both  “active participants in China’s civil-military fusion” and alleged that they collect “vast swaths of data from users, including network activity, location data, and browsing and search histories.”But it will now

President Donald Trump said Saturday he's given his "blessing" to a proposed deal between Oracle and Walmart for the U.S. operations of TikTok, the Chinese-owned app he's targeted for national security and data privacy concerns.

Todd Spangler NY Digital EditorTikTok users in the U.S. got a one-week reprieve from the Trump administration’s download ban on the popular short-form video app.The announcement came after President Trump gave his “blessing” to a multiparty deal under which TikTok will become majority-owned by a group of U.S.

TikTok is here to stay!

Todd Spangler NY Digital EditorOracle said it will take a 12.5% stake in the new TikTok Global, a U.S.-based entity formed from the Trump administration’s demand that the popular video app’s Chinese parent company, ByteDance, divest its U.S.

Wall Street Journal.On Friday, the U.S. Department of Commerce previously announced that app downloads of TikTok and WeChat would be blocked in the U.S.

Todd Spangler NY Digital EditorPresident Trump said he approved in principle the deal under which Oracle and Walmert would receive ownership stakes in Chinese-owned app TikTok. His remarks come a day before his administration’s ban on TikTok app downloads in the U.S.

Bruce Haring pmc-editorial-managerAs a deadline loomed for TikTok to shut down its US operations, President Donald Trump said Saturday he has agreed in concept to a deal under which Chinese-owned app TikTok can continue.Trump said a partnership with Oracle and Walmart that will make the video-sharing company and its data US-based has won him over.“I have given the deal my blessing, if they get it done, that’s okay too, if they don’t, that’s fine too,”  Trump told reporters at the White House on

President Donald Trump is barreling ahead with his vanity project distraction tactic Gen Z revenge plot plan to ban TikTok.

Japanese gaming giant Bandai Namco Entertainment (BNEE) is acquiring Montreal-based developer Reflector Entertainmentfrom Lune Rouge. The deal, which also includes the subsidiary Reflector Interactive, is expected to close in the fourth quarter of this year and will see Reflector founderAlexandre Amancio stay on as chief creative officer.

TikTok and WeChat from Sunday (September 20), a statement from the Department of Commerce has confirmed.According to The Telegraph, the block comes as TikTok seeks approval from the US government for a deal with American computer corporation Oracle.The Trump government has forced TikTok to join forces with an American company to ensure that the hugely popular video app does not send user data to China.Announcing the download ban, the US government said that both apps were “active participants

Todd Spangler NY Digital EditorThe complex wrangling over what happens next to TikTok — which has become a geopolitical football punted around by the Trump administration — continues apace.As a separate entity TikTok, the popular short-form video app, would file for an initial public offering on a U.S.

Eli Countryman McDonald’s staffers unfamiliar with the slang of “Sicko Mode” got schooled on all things Travis Scott as the rapper’s branded meal continues to sell swiftly coast-to-coast.