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Tag: trump

Microsoft puts sales calls to rest with TikTok

The future of the Chinese video platform TikTok in the USA is unclear. TikTok is apparently trying to be lenient with a sale of the US business of Donald Trump.

(COMBO) This combination of pictures created on August 01, 2020 shows the logo of the social media video sharing app Tiktok displayed on a tablet screen in Paris, and US President Donald Trump at the White House in Washington, DC, on July 30, 2020. – President Donald Trump said July 31, 2020 he will bar fast-growing social media app TikTok from the United States as American authorities have raised concerns the service could be a tool for Chinese intelligence. US officials and lawmakers in recent weeks have voiced fears of the wildly popular video platform being used by Beijing for nefarious purposes, but the company has denied any links to the Chinese government. (Photos by Lionel BONAVENTURE and JIM WATSON / AFP)

After the announcement by US President Donald Trump (74) to ban the popular video platform TikTok in the USA, the future of the smartphone app is uncertain. The online network of the China-based parent company ByteDance declared on Saturday that it does not plan to leave the USA. Trump had announced on Friday that he would enforce the ban by decree or use the special economic rights to which he is entitled. Meanwhile, according to the Wall Street Journal, advanced sales negotiations between Microsoft and TikTok have been suspended, and Trump’s advisor Peter Navarro (71) told Fox News on Sunday night that the president will take action on Sunday or Monday with regard to TikTok. Originally, Trump said he wanted to enforce the ban on Saturday. However, it remained unclear at first how such a ban could be implemented. Previously, US authorities had expressed concerns that the network, which is used by almost one billion people worldwide, would pass on user data to the Chinese government.

In the U.S., TikTok was most recently reviewed by the Committee on Foreign Investment (CFIUS), which investigates transactions that affect U.S. national security. So far, TikTok has denied all allegations of user data leakage. According to Bytedance, TikTok’s data is stored in the USA, with a copy in Singapore.

The first overseas naval base of Sepah

General Alireza Tangsiri in Bandar Abbas said: The Navy of the Revolutionary Guard Corps has been given a mission to be present in the distant waters and to have a permanent base.

He added: “The dispatch of the fleet by the IRGC navy to distant waters has been done in the past, and our second fleet was also sent to the waters of the Indian Ocean.”

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The Iranian currency plunged against the US dollar

The Iranian currency plunged against the US dollar as the country continues to deal with the economic impact of US sanctions and the coronavirus.

According to foreign exchange shops and websites, the rial in the free market on Saturday fell as high as 188,000 against the dollar.

The currency traded at around 150,000 as the country saw its first case of Covid-19 in February. From 2015, when the Islamic Republic accepted the curtailment of its nuclear program in exchange for sanction relief, the riot has fallen by more than 500% in value.

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