Mon. 09/21 – ByteDance Says It Won. Trump Says Not So Fast. TikTok Continues… For Now.

Tech Brew Ride Home

Amalgamated Internets, LLC

Tech News, News, Technology

4.7 • 1K Ratings

🗓️ 21 September 2020

⏱️ 20 minutes

🔗️ Recording | iTunes | RSS

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Summary

It looked like we had a TikTok deal the president liked. Then ByteDance went and pointed out they still had control. Now, I dunno where we’re at. Microsoft buys Bethesda. The founder of Nikola steps down in murky circumstances. And Amazon wants to use your Echo and Tile devices for a true Internet of Things network. Sponsors: Amazon.com/techmeme PayPal App Links: Trump Blesses Oracle’s TikTok Deal, Delays App Store Ban (Bloomberg) TikTok deal hit by confusion over who will own and control the app (FT) Judge halts Trump administration order banning WeChat from Apple and Google app stores (CNBC) Microsoft purchases Bethesda Softworks in industry-changing acquisition [Updated] (ArsTechnica) With $100M in funding, Playco is already a mobile gaming unicorn (TechCrunch) Nikola Founder Trevor Milton Resigns as Executive Chairman Amid Fraud Allegations (WSJ) Nikola’s chairman steps down, stock crashes following allegations of fraud (TechCrunch) Amazon details its low-bandwidth Sidewalk neighborhood network, coming to Echo and Tile devices soon (TechCrunch) Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Welcome to the Tech Meme Ride Home for Monday, September 21st, 2020. I'm Brian McCullough.
0:08.4	Today, it looked like we had a Tik-Toc deal that the president liked over the weekend.
0:12.3	Then bite dance had to go and
0:14.4	point out that they still had control. Now, I don't know where we're at. Microsoft buys
0:20.1	Bethesda, the founder of Nicholas stepped down in murky circumstances, and Amazon wants to use
0:24.8	your Echo and Tyle devices for a true Internet of Things network.
0:28.6	Here's what you miss today in the world of tech. Okay, here's what I can tell you.
0:35.1	You can still use Tik-Tok as of this moment.
0:38.3	President Trump, since we last spoke, said he approved Oracle's bid for the U. of Tik-Tok quote in concept and so
0:46.4	essentially the US delayed the planned Tik-Tok ban by about a week as Oracle and
0:52.1	Walmart looked to take a 20% stake in Tik-Tok Global's
0:56.6	planned pre-IPO round as well as of course the deals to host Tik-T. U.S. user data and computer systems, quoting Bloomberg.
1:06.7	I approve the deal in concept.
1:08.1	Trump told reporters Saturday as he left the White House for a campaign rally in
1:11.6	Fayetteville, North Carolina.
1:13.3	If they get it done, that's great.
1:14.8	If they don't, that's okay too, end quote.
1:17.6	The new company, which will be called Tic Talk Global, has agreed to funnel $5 billion
1:22.3	in new tax dollars to the US and set up a new
1:25.4	education fund which Trump said would satisfy his demand that the government
1:29.0	receive a payment from the deal.
1:30.5	They're going to be setting up a very large fund, he said.
	...

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