Technology

Pandemic spurs Africa’s mobile telcos to ramp up banking bid

Africa’s mobile phone operators are ramping up plans to bring banking to millions of Africans, in some cases for the first time, after the coronavirus crisis caused a surge in use of digital financial services.

Judge blocks Trump administration’s ban on new TikTok downloads from U.S. app stores

https://www.youtube.com/watch?v=QxISCiUzq7o A judge has temporarily blocked an order from the Trump administration that would have banned TikTok...

Judge says U.S. must defend or delay TikTok app store ban by Friday

WASHINGTON (Reuters) - A U.S. judge said Thursday the Trump administration must either delay a ban on U.S. app stores offering TikTok...

Elon Musk expected to use Tesla ‘Battery Day’ to argue for the end of combustion engines

As automakers shift from horsepower to kilowatts to comply with stricter environmental regulations, investors are looking for evidence that Tesla can increase its lead in electrification technology over legacy automakers who generate most of their sales and profits from gasoline-powered vehicles.

China’s ByteDance says TikTok will be its subsidiary under deal with Trump

ByteDance owning the majority of TikTok Global and the algorithms means that ByteDance is “not out of the game” and has avoided the worst-case scenario, China’s state-run newspaper Global Times said in an editorial published on Sunday.

ByteDance’s bid to keep most of TikTok faces major hurdles

ByteDance has submitted a plan to U.S. officials for it to keep a majority stake in TikTok’s global business and create headquarters for TikTok in the United States, Reuters reported on Tuesday. The proposal is being reviewed by the Committee on Foreign Investment in the United States (CFIUS), a U.S. government panel chaired by the U.S. Treasury Department.

Exclusive: China would rather see TikTok U.S. close than a forced sale

Trump last month issued two executive orders that require ByteDance to sell TikTok’s U.S. assets or face being banned in the country, where the app is hugely popular among teenagers.

Twitter expands misinformation rules ahead of U.S. election

(Reuters) - Twitter Inc said on Thursday it would label or remove misinformation aiming to undermine confidence in the U.S. election, including...

Tech rout deepens, Nasdaq set for worst two-day fall since March

The data added pressure on the White House and Congress to restart stalled negotiations over the next coronavirus relief package to lift the economy out of the worst recession since the Great Depression..

Exclusive: Aspiring TikTok buyers pursue four options in effort to revive talks

“TikTok is loved by 100 million Americans because it’s a home for entertainment, self-expression, and connection. We’re committed to continuing to bring joy to families and meaningful careers to those who create on our platform for many years to come,” a TikTok spokeswoman said in a statement.

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