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China Hits Highest Single-Day Ticket Sales of the Year, Notching Its Second-Biggest National Day Earnings Ever - variety.com - China - USA
variety.com
02.10.2020 / 05:59

China Hits Highest Single-Day Ticket Sales of the Year, Notching Its Second-Biggest National Day Earnings Ever

Rebecca Davis editorThe Chinese box office hit its highest single-day tally of the year so far on Thursday, reaching $107 million (RMB728 million), more than 10 times what North American cinemas made in the whole of last weekend. That sum marks China’s second largest Oct.

Trump Administration Likely Exceeded Legal Authority With TikTok Ban, Judge Rules - variety.com - China - USA
variety.com
29.09.2020 / 00:53

Trump Administration Likely Exceeded Legal Authority With TikTok Ban, Judge Rules

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.

Donald Trump’s TikTok Ban Halted With Just Hours Until It Went Into Effect - deadline.com - New York - China
deadline.com
28.09.2020 / 04:41

Donald Trump’s TikTok Ban Halted With Just Hours Until It Went Into Effect

Dominic Patten Senior Editor, Legal & TV CriticDonald Trump suffered another blow on Sunday as a federal judge hit the pause button on the former Celebrity Apprentice host ban on the Chinese created widely successful video app.Coming just as the New York Times dropped a bombshell expose on Trump’s long hidden taxes and debts, the partial injunction granted by U.S.

Zhang Yimou’s ‘One Second’ Finally Passes Chinese Censorship - variety.com - China - Berlin
variety.com
25.09.2020 / 07:41

Zhang Yimou’s ‘One Second’ Finally Passes Chinese Censorship

Rebecca Davis editorChinese director Zhang Yimou’s Cultural Revolution-set film “One Second” has at long last passed government censorship, clearing it for a theatrical release in China, local reports and an image of the approval document circulating online show.

TikTok Owner ByteDance Wants Court to Reject Trump’s App Store Ban - thewrap.com - China
thewrap.com
24.09.2020 / 01:09

TikTok Owner ByteDance Wants Court to Reject Trump’s App Store Ban

an American-owned company, after voicing concerns that the app, which is owned by Chinese tech firm ByteDance, was misusing user information and jeopardizing national security. If a sale isn’t approved by that date, Trump said, he’ll ban new downloads of the app in U.S.

China Has ‘No Reason’ to Approve U.S.’s ‘Dirty and Unfair’ TikTok Deal, Communist Party Paper Says - variety.com - China - city Beijing
variety.com
23.09.2020 / 16:51

China Has ‘No Reason’ to Approve U.S.’s ‘Dirty and Unfair’ TikTok Deal, Communist Party Paper Says

Todd Spangler NY Digital EditorThere’s a new sign the Chinese government is leaning toward spiking the deal to transfer control of TikTok from ByteDance to U.S. owners, including Oracle and Walmart.An editorial Wednesday in China Daily, the state-run newspaper of the Beijing regime, called the agreement to form TikTok Global — which was forced by an executive order by President Trump under the guise of protecting U.S.

TikTok Deal: Oracle, ByteDance Give Conflicting Information on Ownership Structure - variety.com - China
variety.com
22.09.2020 / 01:03

TikTok Deal: Oracle, ByteDance Give Conflicting Information on Ownership Structure

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

Wall Street Warms To TikTok Deal; Preserves Fast-Growing Ad Platform, Avoids Brewing Tech Cold War - deadline.com - China
deadline.com
22.09.2020 / 00:49

Wall Street Warms To TikTok Deal; Preserves Fast-Growing Ad Platform, Avoids Brewing Tech Cold War

Jill Goldsmith Co-Business EditorWall Street is warming to a TikTok deal despite a continued lack of clarity, happy to keep a popular, fast-growing advertising platform humming along and skirt a brewing tech cold war between the U.S. and China.“This will be a relief to technology investors to have this high drama soap opera now in the rear view mirror,” said Daniel Ives, an analyst at Wedbush Securities.

Trump: TikTok Deal Won’t Be Approved If Chinese Parent Company Retains Control - thewrap.com - China - USA
thewrap.com
21.09.2020 / 19:06

Trump: TikTok Deal Won’t Be Approved If Chinese Parent Company Retains Control

Also Read: TikTok 'Disappointed' With US Ban on New App Downloads, Pledges to Protect User Privacy and SafetyTikTok Global, which TheWrap reported last week would be looking to file an initial public offering sometime in 2021, would have five board seats, with Walmart CEO Doug McMillon serving as director.Bytedance would retain ownership and control of its code in its deal with Oracle; the software giant, along with controlling American user data, would be allowed to review the source code and

Donald Trump gives “blessing” to deal to keep TikTok operating in US - www.nme.com - China - USA
nme.com
21.09.2020 / 14:30

Donald Trump gives “blessing” to deal to keep TikTok operating in US

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

Oracle to Take 12.5% Stake in TikTok Global, Walmart Eligible to Get 7.5% - variety.com - China - USA
variety.com
20.09.2020 / 03:05

Oracle to Take 12.5% Stake in TikTok Global, Walmart Eligible to Get 7.5%

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.

Trump BANNED TikTok! Just HOURS Left To Enjoy?? - perezhilton.com - China - USA
perezhilton.com
19.09.2020 / 03:47

Trump BANNED TikTok! Just HOURS Left To Enjoy??

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

U.S. Bans TikTok, WeChat Citing National Security - www.hollywoodreporter.com - China
hollywoodreporter.com
18.09.2020 / 23:13

U.S. Bans TikTok, WeChat Citing National Security

The U.S. will ban the downloads of the Chinese apps TikTok and WeChat on Sunday, with a total ban on the use of the latter, citing national security and data privacy concerns.

United States bans transactions with Chinese-owned TikTok and WeChat - www.manchestereveningnews.co.uk - China - USA
manchestereveningnews.co.uk
18.09.2020 / 17:39

United States bans transactions with Chinese-owned TikTok and WeChat

Transactions with two popular Chinese-owned social media platforms will soon be banned in the United States.Both TikTok - the video-sharing social networking service - and WeChat - a multi-purpose messaging, social media and mobile payment app - will be affected.The US Commerce Department will be rolling out a ban of transactions using the two services from Sunday, September 20.The order that was put into place earlier today aims to "combat China's malicious collection of American citizens'

Donald Trump to block US downloads of TikTok from Sunday - www.nme.com - China - USA
nme.com
18.09.2020 / 16:45

Donald Trump to block US downloads of TikTok from Sunday

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

Trump Administration Bans TikTok, WeChat App Downloads in U.S. as of Sept. 20 - variety.com - China - USA
variety.com
18.09.2020 / 16:09

Trump Administration Bans TikTok, WeChat App Downloads in U.S. as of Sept. 20

Todd Spangler NY Digital EditorThe U.S. government will prohibit app stores from offering TikTok and WeChat, two popular Chinese-owned apps, effective Sunday over the Trump administration’s claims that it wants to prevent the Chinese from accessing data on Americans.The new rules, issued Friday by the Commerce Department, is pursuant to President Trump’s executive orders signed Aug.

TikTok May Launch IPO If Oracle Deal OK’d, Instagram Co-Founder Kevin Systrom Approached for CEO Job (Reports) - variety.com - China
variety.com
18.09.2020 / 00:05

TikTok May Launch IPO If Oracle Deal OK’d, Instagram Co-Founder Kevin Systrom Approached for CEO Job (Reports)

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.

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