Illustration by Alex Castro / The Verge
The US Commerce Department has added China’s largest chipmaker, Semiconductor Manufacturing International Corporation (SMIC), to its entity list, after it determined there an “unacceptable risk” that equipment SMIC received could be used for military purposes, Reuters reported.
The move blocks US computer chip companies from exporting technology to SMIC without an export license. SMIC is the latest major Chinese firm to be put on the entity list; the Trump administration added phone manufacturer Huawei to the list in 2019.
According to The Wall Street Journal, the Commerce Department wrote in a letter to the computer chip industry on Friday that exporting products to SMIC would “pose an unacceptable risk of diversion to a military end...
Nikola disputed the fraud allegations, but that hasn't stopped investors and analysts from souring on its stock, which is down 60% this month.
The Wall Street Journal reported Wednesday talks between Nikola and a number of energy companies, including BP have "stalled".
We all know that there’s a wide variety of different style bags for women out there.Modern men all over the globe are sporting different bags in accordance to their personal taste, style, and of course, personality.Just take a look outside, and you’ll see that men are no longer sporting, box-shaped briefcases.What’s more, according to a recent article published in the Wall Street Journal, the sales of men luxury bags grew almost 50% since the start of the decade.And with so many choices out there, keeping track of all of them may be overwhelming.If you’re interested in men’s side bags and you’re trying to figure out which type is the right for you, here are some of the most popular bags for men.We should start with something basic, so let’s talk about the Messenger Bag should be a good starting point.You usually see cyclists and college students wearing them, since they allow you to carry a lot of things on you.
With Oracle Finally winning the TikTok deal, a lot is in store for the face of marketing in the USIn the bidding of the U.S. operations of TikTok, the short video service owned by China-based ByteDance, Oracle has beaten Microsoft to grab the deal.This news was reported by The Wall Street Journal on Sunday afternoon.This deal is being reviewed by the U.S. Government said Treasury Secretary Steven Mnuchin on Monday on CNBC.Microsoft had partnered with Walmart on its bid, Walmart said that they are still interested in this deal.As reported, Oracle has been working with the investment firms General Atlantic and Sequoia Capital for its own offer.Details of the deals are not yet clear; whether Oracle will take over the U.S. operations of TikTok or will it be a TikTok’s “trusted tech partner” in the U.S.President Donald Trump had earlier threatened to close operations of TikTok in the United States over security concerns unless ByteDance sold the unit to an American buyer.Oracle stock has gained 8.8% in premarket trading, while stocks of Microsoft declined 0.1%, and Walmart has fallen 0.5%.MartechCube’s Take on Oracle TikTok DealWhile the details of the deal are yet to come out and it is still not clear whether this deal will help TikTok in escaping the ban, but this deal has become the talk of the town and everyone is trying to draw out their image on how will the deal look like and what impacts it might have.We here at Martech Cube won’t predict how the deal will look like or what will be its impacts, we will just try to put light on the concerns that are expected to be resolved by this deal.Data protection was the primary reason behind the U.S. Government planning to ban TikTok, Oracle taking over the U.S. operations will ensure that the data of the U.S. citizens will be safe and will stay in the country itself.
Milan resident Enrica Grazioli told The Wall Street Journal: "We had a national tragedy of epic proportions and you don't quickly forget something like that."
"This is a big country, and we still haven't been able to settle the testing issue. It doesn't make any sense," Michael Dacey told The Wall Street Journal.
Tim Cook, Apple's CEO, says the success of the tech giant's remote working model means the company won't "return to the way we were."
A possible sale is one of a few strategic options The Wall Street Journal reports Quibi is considering, including raising more money and going public.
Illustration by Alex Castro / The Verge
TikTok and parent company ByteDance filed a lawsuit late Friday against the Trump administration to try to fend off a ban on new downloads of the app set to take effect Sunday, The Wall Street Journal reported.
TikTok says in the lawsuit that the Trump administration’s decision to ban new downloads of the app, announced Friday, violates free speech protections. The administration, which includes the Commerce Department, “took this extraordinary action of prohibiting a popular communication and information-sharing platform without affording its owners … due process of law, and for political reasons rather than because of any ‘unusual and extraordinary threat’ to the United States,” according to the suit.
It’s not the first time TikTok...
The agency has been investigating potential monopolistic behavior by Facebook for more than a year and recently deposed CEO Mark Zuckerberg.
The agency is looking at whether Facebook is using its dominant position in social media to stifle competition, The Wall Street Journal reports.
TikTok parent ByteDance is banking on a partnership with Oracle to keep its video-sharing app up and running in the US without having to sell it outright.
Photo by Joan Cros/NurPhoto via Getty Images
Oracle has reportedly won a deal to manage TikTok’s US cloud operations. Oracle had been rumored to be part of the bidding process to acquire TikTok, but The Wall Street Journal reports that the company has been selected as a “trusted tech partner” instead. This is different from an outright sale, and appears to suggest Oracle will be helping run TikTok’s US operations with its own cloud technologies.
News of an Oracle deal comes just an hour after Microsoft revealed it was no longer acquiring TikTok after its bid was rejected by TikTok owner ByteDance. Microsoft had been pursuing a deal to buy TikTok’s operations in the US, Australia, Canada, and New Zealand. It’s clear talks have swayed away from a full acquisition, with Oracle...