BUSINESS/FINANCE NEWS
Setup News Ticker
   BUSINESS/FINANCE NEWS
Searching for 'Trump Administration'. (Return)

Yahoo BusinessSep 20, 2020
Oracle Boosts Cloud Ambitions With Help From TikTok and Trump
(Bloomberg) -- Oracle Corp.'s deal to attain a 12.5% stake in TikTok Global and provide computing services to the video-sharing app furthers the software maker's years-long plan to become a cloud computing heavyweight.Executive Chairman Larry Ellison leaned on his company's close ties to the Trump administration to land the partnership with the newly formed company, which will help fulfill an ambitious strategy outlined with fanfare half a decade ago to become a credible cloud rival to Amazon.com Inc. and Microsoft Corp.Retailer Walmart Inc. will buy as much as 7.5% of TikTok Global, which will be headquartered in the U.S. and pursue a public listing in less than a year, the companies announced Saturday in a statement.While other Silicon Valley giants have kept U.S. President Donald Trump at arm's length, Oracle has embraced him, which may have helped the company gain preliminary U.S. approval for the deal. Ellison spoke directly with the president Friday, two days after Trump said that he "conceptually" didn't like the TikTok proposal, which would leave computer code and ownership mostly in the hands of its Chinese parent Bytedance Ltd.There's little to indicate the investment structure of the deal has dramatically changed since then, but Trump nonetheless gave his blessing Saturday. The deal does call for the addition of 25,000 jobs, the creation of a $5 billion education fund, a mostly U.S. led board and several precautions aimed at safeguarding the data of American users.There are very few leader

Chicago Tribune Business NewsSep 20, 2020
Judge delays Trump administration's restrictions on messaging app WeChat
In a ruling dated Saturday, a judge in California said the government's actions would affect users' First Amendment rights as an effective ban on the app removes their platform for communication.

Google Business NewsSep 20, 2020
WeChat: Judge blocks US attempts to ban downloads of Chinese app - BBC News
WeChat: Judge blocks US attempts to ban downloads of Chinese app  BBC NewsTrump says he has approved a deal for purchase of TikTok  CNNJudge halts Trump administration order banning WeChat from Apple and Google app stores  CNBCTrump's TikTok Drama Was Just Another Empty Threat  BloombergTrump Wants to Cripple TikTok and WeChat. Why?  The New York Times

Wall Street Journal US BusinessSep 20, 2020
WeChat Ban Blocked by Federal Judge in Ruling Against Trump Administration
A federal judge temporarily blocked the Trump administration's executive order curbing Americans' use of WeChat, agreeing with free-speech arguments raised by users of the popular Chinese-owned messaging and e-commerce app.

RELATED ARTICLES
Trump administration insists UN sanctions on Iran are restored. No, they're not, says United Nations - USA TODAY (Google Business News)
TRENDING TAGS
TrumpTikTok deal Court Supreme Oracle
TikTokTrump deal Oracle Walmart Ban
Covid-19Matt Hancock warns national lockdowns
StockBuy Market Dividend Cannabis Right
WeChatban judge Trump blocks app
coronavirusVaccine states see increase cases
BanTrump judge TikTok WeChat Deal
ChinaTikTok foreign ByteDance seeks billion
dealTikTok Trump Oracle App Ban
SupremeCourt Trump Ginsburg Ruth Bader

NEWS SOURCES
Top News (Business News)
Accounting Today
AdWeek News
Banking Business Review
Barron's This Week Magazine
Barron's Up and Down Wall Street Daily
Brad Ideas
Chicago Tribune Business News
CNBC Business
CNBC Economy
CNBC Finance
CNN/Money
CNN/Money Real Estate News
Dismal.com: Analysis
Dismal.com: Indicators
Enterprise Application News
Entrepreneur.com
Forbes Headlines
Forbes Social Media News
FT.com - China, Economy & Trade
FT.com - Financial Markets
FT.com - Hedge Funds
FT.com - Telecoms
FT.com - US
Google Business News
Google Market News
HBS Working Knowledge
Inc.com
INSEAD Knowledge
International Tax Review
Kiplinger
Knowledge@Wharton
L.S. Starrett News
MarketWatch
MarketWatch Breaking News
MarketWatch MarketPulse
McKinsey Quarterly
MSNBC.com: Business
Nielsen Trends
NonProfit Times
NPR Topics: Business
NYTimes Business
OpinionJournal.com
Private Equity Breaking News
Reuters Business
Reuters Company News
Reuters Money
SEC.gov Updates: News Digest
SHRM HR News
Tax Policy News
The Economist International News
The Motley Fool
USA Today Money
Wall Street Journal US Business
Wall Street Transcript
Washington Post Business
WSJ Asia
WSJ Europe
WSJ MoneyBeat
WSJ Opinion
WSJ US News
WSJ World Markets
Yahoo Business
  • CEOExpress
  • 1 Boston Place | Suite 2600
    Boston MA 02108
  • 617 482 1200
    617 299 8649 (fax)
  • Contact
  • As an Amazon Associate
    CEOExpress earns from
    qualifying purchases.

©1999-2020 CEOExpress Company LLC