Business > Donald Trump

TikTok threatens legal action against Trump's executive order to ban app

1 month ago   |   By New York Post

TikTok has threatened legal action following President Trump's executive order banning transactions beginning in 45 days between American firms and the Chinese parent company of the app.
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TikTok ‘shocked' by Trump's ban on transactions with its parent company, threatens legal action

TikTok ‘shocked' by Trump's ban on transactions with its parent company, threatens legal action

1 month ago   |   By RT

TikTok denied having ever shared user data with the Chinese government and threated to sue the Trump Administration after the US president signed an executive order that would ban Americans from dealing with its parent company.
“We are shocked by the recent Executive Order, which was issued without any due process,” the social media platform wrote on its website. “For nearly a year, we have sought to engage with the US government in good faith to provide a constructive solution to the concerns that have been expressed.”
What we encountered instead was that the Administration paid no...
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Trump's vaguely-worded executive order targeting Tencent initially wiped $45 billion off its value

Trump's vaguely-worded executive order targeting Tencent initially wiped $45 billion off its value

1 month ago   |   By Business Insider

Tencent's stock fell as much as 10% after Trump issued a vaguely-worded executive order banning US individuals and companies from doing business with its chat app WeChat.
A second order targeted TikTok owner ByteDance.
It was initially clear whether the order targeted Tencent's entire business. Tencent has a big presence in gaming, with stakes in Epic Games, Activision/Blizzard, and Ubisoft.
Tencent's stock recovered slightly after a White House official clarified the order only applied to WeChat.
Visit Business Insider's homepage for more stories .
Chinese tech giant Tencent's stock fell...
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Prime members can support small businesses that sell on Amazon and earn a...

Prime members can support small businesses that sell on Amazon and earn a $10 credit to use on Prime Day - here's how the offer works

Summary List Placement Prep for Amazon Prime Day 2020 this October by supporting small, US-based businesses. Spend $10 at one of these businesses to earn a $10 credit to spend... Read more ...

House Democrats roll out new $2.2 trillion stimulus plan that includes $600...

House Democrats roll out new $2.2 trillion stimulus plan that includes $600 federal unemployment benefits and a 2nd round of $1,200 direct payments

Summary List Placement House Democrats unveiled late on Monday a new $2.2 trillion stimulus plan which includes reviving $600 federal unemployment benefits and a second round... Read more ...

Any rich person could pay off Donald Trump

Any rich person could pay off Donald Trump

Summary List Placement On Sunday night the New York Times published its first findings from a dive into more than two decades of President Trump's tax returns. They found that... Read more ...

The SEC charged a former Amazon manager and her family with illegally making...

The SEC charged a former Amazon manager and her family with illegally making $1.4 million from insider trading

Summary List Placement The Securities and Exchange Commission charged a former Amazon employee and two of her family members with insider trading on Monday. Laksha Bohra and... Read more ...

The best American Express cards of October 2020 - from the Amex Platinum to...

The best American Express cards of October 2020 - from the Amex Platinum to options for cash back

Summary List Placement The best American Express cards: Best Amex card for lounge access, elite status, and more travel perks: Platinum Card® from American Express Best Amex... Read more ...

Trump's TikTok restrictions ‘likely exceed' his legal authority, federal...

Trump's TikTok restrictions ‘likely exceed' his legal authority, federal judge says

The Trump administration “likely” exceeded its legal authority with its order to ban TikTok downloads in the U.S. and impose other restrictions on the video-sharing platform, a... Read more ...

Trump criticised Obama for only paying 20.5% tax in 2012 - a new NYT report...

Trump criticised Obama for only paying 20.5% tax in 2012 - a new NYT report shows Trump paid no income tax that year

Summary List Placement A tweet from 2012 in which President Donald Trump attacked Barack Obama for paying 20.5% income tax is getting renewed attention in light of a New York... Read more ...

Here's exactly where to look on your 1040 tax return to see how much more...

Here's exactly where to look on your 1040 tax return to see how much more you paid in taxes than Trump did

Summary List Placement An investigation by The New York Times revealed that President Trump paid just $750 in federal income taxes in 2016 and 2017. His $750 payments are less... Read more ...

Aldi's $15.9 billion of annual sales in the UK and Ireland prove that its...

Aldi's $15.9 billion of annual sales in the UK and Ireland prove that its market share is growing - and the US is next in its sights

Summary List Placement Discount grocery chain Aldi will create 4,000 new jobs in the UK and Ireland in 2021 as part of a two-year, £1.3 billion investment plan, it said in an... Read more ...

Trump earned $73 million in revenue from foreign business deals during his...

Trump earned $73 million in revenue from foreign business deals during his first two years in office, according to a review of the president's tax returns

Summary List Placement President Donald Trump earned $73 million in revenue from the Trump Organization's interests in foreign countries during the first two years of his... Read more ...