Friday, August 14, 2020

Trump issues executive order forcing ByteDance to sell or spin off its US TikTok business within 90 days (Lora Kolodny/CNBC)

Lora Kolodny / CNBC:
Trump issues executive order forcing ByteDance to sell or spin off its US TikTok business within 90 days  —  - President Donald Trump issued an executive order Friday that will force China's ByteDance to sell or spin off its U.S. TikTok business within 90 days.



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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...