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Articles related to "social-media"


TikTok and the Evolution of Digital Blackface

  • The night before, Blackmon got word about Blackout Day, a demonstration of solidarity among Black users on TikTok who claim the platform is unfairly censoring them.
  • Over a period of two months, I heard from 29 Black creators who shared stories about muted posts, in-app harassment, and incidents of racism.
  • By 2018, ByteDance had released the app outside China, acquired the lip-sync app Musical.ly, and renamed the international version TikTok. Vine supercharged—videos were now capped at 15 seconds, and later 60—TikTok also offered a suite of editing tools, from filters to green-screen special effects, that gave creators near-limitless possibilities.
  • Unlike Facebook and Twitter, where instances of digital blackface are either text-based (abusing Black vernacular) or image-based (trotting out memes or GIFs of Black celebrities), TikTok is a video-first platform, and on it, creators embody Blackness with an auteur-driven virtuosity—taking on Black rhythms, gestures, affect, slang.

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TikTok should sell to US company to keep user data safe, Schumer says - Business Insider

  • The Senate's Democratic leader tweeted the remarks on Twitter Monday morning following a hectic weekend as talks of a Microsoft acquisition of the company picked up steam.
  • The comments come as ByteDance, the Chinese tech company that owns TikTok, continues to grapple with a potential US ban on the app.
  • One possible solution was for ByteDance to divest its US TikTok business, and news surfaced Friday that the Washington-based Microsoft has been in talks to purchase it.
  • On the same day, President Trump said the US would be banning the app soon, a motion that TikTok's US office contradicted.
  • But on Sunday, Microsoft wrote in a blog post that it was indeed moving forward with exploring a possible acquisition of TikTok in the US following a discussion between CEO Satya Nadella and President Trump.

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TikTok should sell to US company to keep user data safe, Schumer says - Business Insider

  • The Senate's Democratic leader tweeted the remarks on Twitter Monday morning following a hectic weekend as talks of a Microsoft acquisition of the company picked up steam.
  • The comments come as ByteDance, the Chinese tech company that owns TikTok, continues to grapple with a potential US ban on the app.
  • One possible solution was for ByteDance to divest its US TikTok business, and news surfaced Friday that the Washington-based Microsoft has been in talks to purchase it.
  • On the same day, President Trump said the US would be banning the app soon, a motion that TikTok's US office contradicted.
  • But on Sunday, Microsoft wrote in a blog post that it was indeed moving forward with exploring a possible acquisition of TikTok in the US following a discussion between CEO Satya Nadella and President Trump.

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Trump gives Microsoft 45 days to clinch TikTok deal

  • NEW YORK/WASHINGTON (Reuters) - President Donald Trump only agreed to allow Microsoft Corp (MSFT.O) to negotiate the acquisition of popular short-video app TikTok if it could secure a deal in 45 days, three people familiar with the matter said on Sunday.
  • Trump said on Friday he was planning to ban TikTok amid concerns that its Chinese ownership represents a national security risk because of the personal data it handles.
  • But following a discussion between Trump and Microsoft CEO Satya Nadella, the Redwood, Washington-based company said in a statement on Sunday that it would continue negotiations to acquire TikTok from ByteDance, and that it aimed to reach a deal by Sept.
  • This is a deadline that was put to ByteDance and Microsoft by the Committee on Foreign Investment in the United States (CFIUS), which scrutinizes deals for potential national security risks, according to the sources.

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Microsoft Aims for a Deal to Buy TikTok’s U.S. Business

  • Microsoft Corp.
  • said it will move forward with plans to buy the U.S. operations of the hit video-sharing app TikTok, capping weeks of covert dealmaking that were almost upended by an 11th-hour intervention from President Trump.
  • The transaction could reshape the global tech landscape and further strain already tense U.S.-China relations.
  • Following...

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Facebook puts global block on Brazil's Bolsonaro supporters

  • BRASILIA (Reuters) - Facebook (FB.O) said on Saturday it has put a global block on certain accounts controlled by supporters of Brazil’s President Jair Bolsonaro implicated in a fake news inquiry, a day after it was fined for not complying with a Supreme Court judge’s order to do so.
  • Justice Alexandre de Moraes had ruled on Thursday that Facebook and Twitter (TWTR.N) failed to comply with orders to block the accounts because they were only blocked within Brazil, but remained accessible with foreign IP addresses.
  • On Friday, he ruled that Facebook must pay a 1.92 million reais ($367,710) fine for not complying and face further daily fines of 100,000 reais per day if it does not block the accounts in question globally.
  • The judge originally decided in May to block 16 Twitter accounts and 12 Facebook accounts of Bolsonaro supporters who have been linked to a probe into the spreading of fake news during Brazil’s 2018 election.

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How inside information moved Kodak's stock this week

  • This set off a week of unprecedented trading activity in the company's stock (KODK).
  • This also appears to have moved the stock, as we see another $500k invested in about 30 minutes after the post, and the price climbing to +22% on the day.
  • While the $4 million traded on Monday is a lot for KODK, the next day we see $2 billion flood into the company ahead of the official announcement at the end of day.
  • About 20,000 Robinhood accounts added KODK on Tuesday, while the stock was traded 867,308 times according to market-wide data reported by IEX, with more than 10,000 trades per minute during peak activity.
  • KODK shares ended the week at $21.85, which is near where it opened on Wednesday after the official announcement, but about ten times higher than Monday's open at $2.15.

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TikTok's Chinese owner offers to forego stake to clinch U.S. deal - sources

  • NEW YORK/WASHINGTON (Reuters) - China’s ByteDance has agreed to divest the U.S. operations of TikTok completely in a bid to save a deal with the White House, after President Donald Trump said on Friday he had decided to ban the popular short-video app, two people familiar with the matter said on Saturday.
  • Trump told reporters onboard Air Force One late on Friday that he would issue an order for TikTok to be banned in the United States as early as Saturday.
  • Under the new proposed deal, ByteDance would exit completely and Microsoft Corp would take over TikTok in the United States, the sources said.
  • Reuters reported last year that CFIUS had opened an investigation into TikTok. The United States has been increasingly scrutinizing app developers over the personal data they handle, especially if some of it involves U.S. military or intelligence personnel.

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Apple surpasses Saudi Aramco to become the most valuable company

  • Apple rode the company's strong earnings report to become the world's most valuable publicly traded company, surpassing the state oil giant Saudi Aramco at Friday's market close.
  • Apple shares closed up 10.47% Friday, giving it a market valuation of $1.84 trillion.
  • Saudi Aramco, which had been the most valuable publicly listed company since its market debut last year, now trails at $1.76 trillion as of its last close.
  • Apple's strong fiscal third quarter earnings, released Thursday, boosted its stock, as investors rallied behind the company's 11% year-over-year growth.
  • Apple also announced a 4-for-1 stock split.
  • The company has recovered from its pandemic low-point in March.
  • Shares are up more than 44% this year.
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Facebook says Apple’s iOS 14 changes could hurt its ad targeting

  • Facebook Chief Financial Officer David Wehner said on Thursday that upcoming changes to Apple's iOS 14 operating system could hurt the social network's ability to target ads to users.
  • With the update to its mobile devices, Apple will ask users if they want to let app developers track their activity across other apps and websites.
  • Apple has not said when iOS 14 will launch, but it's expected to roll out this year.
  • Until now, advertisers could use a device ID number called the IDFA to better target ads and estimate their effectiveness.
  • In iOS 14, each app that wants to use these identifiers will ask users to opt-in to tracking when the app is first launched.
  • The change is expected to start impacting Facebook's advertising in the third quarter but it will have a more pronounced effect in the fourth quarter, Wehner said.

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