— out for bytedance? i think either way _ out for bytedance?or bytedance? i think either way it is _ out for bytedance? i think either way it is importantl out for bytedance? i think. either way it is important to remember that this is a learning... remember that this is a learning. . ._ remember that this is a i learning. . ._ we remember that this is a - learning. . ._ we will learning... inaudible. we will aet a fair learning... inaudible. we will get a fair bit — learning... inaudible. we will get a fair bit of _ learning... inaudible. we will get a fair bit of understanding l get a fair bit of understanding how law can go forth and be enforced. in terms of expectations for bytedance, if it is upheld, i don't think much... it is upheld, i don't think much- - -_ it is upheld, i don't think much. . ._ an | it is upheld, i don't think- much. . ._ an appeal much... inaudible. an appeal for measures _ much... inaudible. an appeal for measures to _ much... inaudible. an appeal for measures to prevent i much... inaudible. an appeal for measures to

bytedance says it is not up for sale.hinese government expressed objections to any idea this crown jewel of bytedance would be forced to be sold by the u.s. government. ed: mike sheppard leads our coverage of tech and politics. in the context, vice president harris joined with her first personal account, since she began her presidential campaign four days ago. social media has seen a groundswell of viral memes. president biden signed that law in april forcing bytedance to sell the application by january or face the prospects of being barred from operating in the u.s. astonishing situation. caroline: also how expensive those powerbrokers are. let's talk china more but in the context of e-sports. nip kicks off trading on the nasdaq. mario ho joining. ♪ (♪♪) (♪♪) (♪♪) (♪♪) beaches rhythm and blues caribbean sale is now on. visit beaches.com or call 1-800-beaches. ed: the sec suing citron capital. they are accusing him of committing fraud. he would allegedly make a recommendation, then capitalize on the resulting movement on

well, is it really a chinese because of the bytedance bytedance of the company?so how should we think about an like tik tok in light of your theory? and then so that's the case studies and and tiktok. and then in terms of theory and what you get out of it, one question we got is about the normative concerns that the chinese government have. do you think those normative concerns might change over time and is the dynamic permanent model able to also account for concerns that are different from the big tech related concerns that we have seen so far? that in a way, it's a question about the predictive power of the model. and then the final question is also normative. one about policy recommendations. so in your presentation in the book, one gets the feeling that for fragility might be a problem that it's maybe not a good idea to have that kind of disequilibrium in the regulatory approach. so the question is what to do about it? what kind of policy recommendations would you have to address fragility and? you have 2 minutes to answer all of these questions. they really

would bytedance be open to that? that is not clear. is we have a lot of users that would probably not happy if this app went poof. ed: interesting for adobe. what they have struggled with, and for capcut, it would take the legs out from underneath them in this battle. brody: it is a funny thing for adobe. you might think, if capcut goes away, it's good for them. not really. because tiktok is also a place where content creation is good for ability. the more social media is, the more you need content creation apps. it is darned if you do, darned if you don't with adobe. ed: is capcut making any money? brody: $5 million a year according to estimates. that is a lot in terms of occurring revenue at this stage in the app's life here that is no joke. ed: brody ford bringing this new name to us, but going to the story and looking at the chart, the growth relative to the competition is absolutely wild. what are you using right now? there is a frustration there, that text to video's in particular, not where we wanted to be. it has limitations. t

the chinese government could require bytedance to help with national security efforts. spokesperson for tiktok says the u.s. government has not shown any proof of its claims. >>> now to the summer games, team usa off to a strong start winning its first gold medal for swimming a short time ago. earlier today u.s. cyclist chloe dygert appeared headed for gold before taking a nasty spill, but then won the bronze. cassidy cook and bacon won silver in sync nironized diving >> tonight team usa going for the gold kicking off day one of the olympics already on the leaderboard earning their first medals of the 2024 summer games, a big day for the men and women in the pool. the men's 4 by 100 meter free style relay team beating out us a traaustralia and italy. the winning earning silver in the same event. katie ledecky winning her first of what could be a record breaking games for the swimmer taking home the bronze in the 400 meter free style. cassidy cook and sarah bacon getting the party started, taking silver in the synchronized spring board event, with their two and a half su

. >> reporter: the justice department is warning allowing tiktok to operate under bytedance's chinesempany has a risk that comes with it. they say the company poses a risk of letting china influence u.s. elections where china with manipulate the platform to sway the views of americans. tiktok's parent company has sued the federal government arguing the law violates the first amendment. tiktok employees have sent significant amounts of restricted user data to each other, storing it on chinese systems where china could access it and require bytedance to secretly help with intelligence gathering and national security efforts. a spokesperson for tiktok says the u.s. government has not shown any proof of its claims. whit. >>> now to the summer games, team usa off to a strong start, winning its first gold medal for swimming a short time ago. u.s. cyclist chloe dygert took a nasty spill but then won the bronze. >> reporter: tonight team usa going for the gold, kicking off day one of the olympics already on the leaderboard, earning their first medals of the 2024 summer games, a big day for th

its chinese parent company, bytedance, has been under regulatory scrutiny in the us and eu due to securityee—year—old e—commerce platform has outpaced rivals shopee and lazada, with sales quadrupling to more than $16 billion last year. momentum works recently did a study on the app and ceo, lijianggan, told me about the secret to tiktok�*s success. i think they have been very determined in exploring e—commerce in this market, and over the last three years, they've made a lot of investment across a lot of three years —— a lot of years across asia. they also have a lot of users and they want to convert those users in the e—commerce area, and so far they've been doing a good job. speaking of users, what consumer shopping habits have you picked up and how do tiktok�*s e—commerce habits match these? tiktok's e-commerce habits match these?— tiktok's e-commerce habits match these? ~ . �* , match these? what we've seen in tick-tack. — match these? what we've seen in tick-tock, which _ match these? what we've seen in tick-tock, which is _ match these? what we've seen in tick-tock, which is differen

and that we know it it can do and everyone has to follow through on that get the ccp and target bytedanceccp back company and there's a lot that we can do to bytedance it would be a ton of fun. maria: we will keep watching all of that, we appreciate your time, jonathan dt ward, your morning forecasting what you need to know about today's temperatures before you head out the door, first president biden's campaign is still mad over donors turning their backs on joe we will get into it next, watching "mornings with maria" live on fox business. stay with us. ♪ with so much entertainment out there wouldn't it be great... ...if you could find what you want, all in one place? show me paris. xfinity internet customers can enjoy the ultimate entertainment experience and save on some of the biggest names in streaming, all for just $15 a month. get the fastest connection to paris with xfinity. maria: welcome back to high ranking members of one of the largest mexican cartels arrested in the u.s. last night, cheryl casone with the details. mexican drug lord also known as all mild who cofounded the dru

and that information has been stored on chinese servers and accessible to bytedance employees in chinae doj warned of the potential of covert content. and if you shun of the hands of the chinese government as the algorithm that could shape the content that users say live from the nasdaq market site. i'm jane king. back to all. very interesting. thank you for that change. >> happening tonight, caltrans are going to continue their overnight repairs wine along highway one near big sur, nearly one and a half shock of the south bay lane. it just crumbled into the sea back in march. it happened south of the rocky creek bridge and the closures be in effect starting tonight through friday, august second from 9 at night until 06:00am delays of up to an hour are expected. >> it's 7, 18 and in the east bay, chp stopped a driver who was going 129 miles an hour on city streets in hayward. >> and what ended up happening was as he was trying to get away. he ended up in a dead and that stopped them. and then the police moved in. they found an unregistered gun and a big bag of marijuana in the car. so

tribunal federal el viernes que defendiera una ley requiriendo la prohibición o venta de tiktok por bytedancesonas consumen a través de tiktok. pero tiktok ha negado repetidamente estas acusaciones. por otro lado, las nuevas funciones de la inteligencia artificial de apple llegarán más tarde de lo esperado. o sea que ya no sucederá en septiembre de este año. según un reporte de bloomberg, la compañía decidió aplazar el lanzamiento de sus próximas actualizaciones de software para el iphone y el ipad debido a preocupaciones sobre su capacidad y la necesidad de realizar más pruebas. sin embargo, apple planea introducir apple intelligence a sus clientes como parte de las actualizaciones de software que llegarán en octubre. yo soy silvana henao y esto informe cnbc para. telemundo. hablemos nuevamente de parís, ya que con los juegos olímpicos es importante aprender también sobre su historia. por ejemplo, el arco del triunfo. claro que sí, césar. este es 1 de los monumentos más famosos de la capital francesa y cuenta con 50 metros de altura. pero pasemos con miguel santiesteban. nos tiene un vistazo

acabaran almacenados en servidores chinos y que allÍ estÁn al alcance de la empresa matriz de tiktok, bytedancel programa federal de la era de nixon, conocido como tÍtulo diez, proporciona anticonceptivos a cualquier persona, independientemente de su edad, su estado migratorio o sus ingresos. texas argumenta que la regla implementada por la administraciÓn biden, que permite entregar el medicamento de manera confidencial es ilegal y viola los derechos de los padres. en chicago, un grupo de manifestantes exigiÓ justicia para sonia masih, la mujer negra de 36 aÑos, a quien un agente alguacil de springfield le disparÓ mortalmente en su casa cuando pidiÓ ayuda al nueve 11. los manifestantes piden que la gente que enfrenta entre otros cargos, el de asesinato en primer grado, reciba todo el peso de la ley. greyson se ha declarado inocente y sigue en la cÁrcel sin derecho a fianza. desde este fin de semana, varias estaciones del metro de la ciudad de nueva york tienen detectores de metales. el objetivo es frenar la violencia que afecta el servicio de transporte pÚblico utilizando la inteligencia artifi

department of justice filing was a response to tiktok's challenge of a new federal law requiring bytedance to sell the popular app by mid january or face a us ban. the case is scheduled for september and the lawsuits are piling up for dublin based patelco credit union after a cyber attack took down their systems last month. our partners at the bay area news group report patelco is facing at least ten lawsuits in state and federal court, and if the suit succeed, patelco could have to pay out as much as $5 billion. all right. it's a san francisco tradition. great for runners and rough for drivers, counting down to the san francisco marathon, taking off and making for traffic headaches across the city i love you. [vo]: and bravery. you got this. [vo]: all in the life... i love you. [vo]: of a child. starlight exists to bring happiness to hospitalized children when they need it most. because happiness matters. so tell me about your heart attack. our heart attack was... scary! never want to go through that again. but we could. with heart disease, you never know. so we made changes. green juice.

department of justice filing was a response to tiktok's challenge of a new federal law requiring bytedance to sell the popular app by mid january, or face a us ban. the case is scheduled for september. the lawsuits are piling up for dublin based patelco credit union after a cyber attack took down their systems last month. our partners at the bay area news group report patelco is facing at least ten lawsuits in state and federal court, and if the suit succeeds, patelco could have to pay out as much as $5 billion. all right. it's a san francisco tradition. great for runners and rough for drivers, counting down to the san francisco marathon, taking off and making for traffic headaches across the city. and tracking good weather for the runners, but not the rest of us. abc7 weather anchor spencer christian is up next with the accuweather forecast. >> and coming up in sports, the 40 niners get through the first week of training camp wide. monday is going to be fun for coach shanahan and company, plus tyler fitzgerald. he's on a tear. the giant company he joined in the franchise record when we're

the tiktok owner bytedance brings a landmark case to the european court ofjustice. price rises still on target? and why is the yachting industry so buoyant? i'll be talking to one business, which has traded over $500 million selling just seven yachts in recent months. welcome to business today. i'm vishala sri—pathma. welcome to the programme. the new labour government's plans for the year ahead will be laid out by king charles in a speech

directly to bytedance engineers in china. department warned bytedance could ma nip pl-- ma k -- in a manipulate and tiktok ban would silence 100 million american voices violating the first amendment. it's worth noting this piece actually reported about a year and a half ago how they abused the system in some ways. some call it similar to slack between the two sides of the company, but that was something -- >> used it to send americans' personal information back to china for that? >> unclear -- >> they didn't deny it? a constitutional right? >> unclear what data was sent. part of it how they were interacting with them -- effectively a discussion tool. >> no. what the accusation, the american consumers' data? >> are you worried? potential? >> yes. >> potential versus the actuality of it? >> these were engineers talking about doing engineering work and part of that work, data sent to try to, working on the algorithm. >> you're still okay with it? >> totally fine. >> they didn't even deny it? >> because it happened. >> so at this

this year there will be a lot of o talk about the just announced merger with paramount and bytedance.is disney bundle is coming this summer and the sports streamer. >> we're exciting about venue. it's a really contemporary product. you'll be able to see all of the hockey, nascar in between fox, warner brothers, discovery, and espn. we have, you know, about 75% of the sport. so i think it's going to be pretty compecompelling. >> one big question is whether warper brothers discovery holds onto nba rights with nba commissioner adam silver there. patriots owner robert kraft and roger goodell. i'll be sitting down for an interview on thursday morning. another name we'll be interviewing is legendary investor, a leader in ai, and big democratic donor, reid hof hoffman. >> julia boorstin in idaho with what's going to be a huge lineup from sun valley later this week. but in terms of media, there's a lot of challenges in this space, and i'm just wondering what they're talking about. >> well, i don't know. it's who the king of the hill would be next if they were there, right? just enormous trans

influence on us elections if tiktok continues to be allowed to be operated by its parent company, bytedanceafeguards for artificial intelligence that comply with guidelines set by the federal government, the biden administration says. >> the tech giant pledged to help move towards safe and secure development of technolog. apple will join openai, amazon, alphabet, meta, microsoft and others in committing to test their ai systems for any discriminatory tendencies, security flaws or national security risks. >> up next, the giants returning back to oracle for the first time since the all star break, and they brought their bats with them. good news. we got highlights coming up and a big a's win as well. >> and a love story decades in the making. they don't speak the same language and never imagined they'd be living their happily ever after together. next we have the story of gina and dwight the knot in richmond. but this isn't your typical story. this couple is in their 80s. they don't actually speak the same language, but they are now living their happily ever after. i sat down with gina and dw

. >>> in singapore, workers at bytedance's office were hit by food poisoning.most of the employees affected were in hospitals getting medical attention. a spokesperson says they are investigating the matter, and working with local authorities. kelly, back to you. >> tyler, thank you very much. >>> also coming up, muhammad arian, we'll talk to him about the fed policy. ehae"s ckft aer this. (♪♪) sofi is helping me get my money right to achieve my ambitions. like a saving for a better swing. loosen that grip. (♪♪) with sofi, i earn more money on my money and pay no account fees. plus i'm investing in my game. sofi can help fund all your ambitions. (♪♪) no matter hoambitious. (♪♪) bank with sofi to score a higher apy and an epic welcome bonus. sofi. get your money right. doors take us places. so you bought a place. to new adventures. -oh. mwah. -planned... -and unplanned. -surprise! -they lead to goals. -for you, mama. and connect us to family. i didn't get the part. your dedicated fidelity advisor can help you open those doors. but i did get waiter number 2. beca

capitol hill at the white house is this idea that china governs all of this information so, let's say bytedance does sell tiktok. i mean, is that enough or is it this a you know, the next person who purchased it could have free will and free rein to sell the content to china in other words, hard to create boundaries around this content. yeah, i mean tiktok's particularly vexing for the types of people i write about in this book because. one it's hard to find piece of content there after you've seen it like it doesn't live anywhere. you don't get shown soft based on whom you follow. the algorithm is entirely opaque. so the other platforms facebook, twitter have some degree of visibility from outsiders. you can get some sense of what is moving online. you can't see everything. you can't always get as data by any means as to who's seeing or whatever. but like you can go, you can track content on those platforms, you can't really track content on tiktok and anything approaching the same way. and so and that'll true if it has an american owner that just that's a pile of, you know, feature or not a b

influence on us elections if tiktok continues to be allowed to be operated by its parent company, bytedancene festival because there's a whole lot of where my mama. dozens of people attending this event to check out the free performances, and dozens of vendors that lined park street, more than 200 artisans and food, including wine and beer, is on display. there are also community resource organizations like alameda family services. by the way, if you missed out on it today, this festival will be back on park street tomorrow from 10 a.m. to 6 p.m. the 33rd annual pacific international quilt festival has wrapped up its final day at the santa clara convention center, ending a weekend of art vendors and workshops. attendees had the chance to see elaborate quilts on display and vote for a viewers choice winner. there was also a best of show award and competition categories for innovative traditional, mid-century modern and wall quilts, a school supply drive or giveaway rather hosted by the sonoma county sheriff's office, got a special visit today. the sheriff's henry one helicopter made an inaug

decided that you want to put together with project liberty a group to maybe make a bid for this , if bytedancene. we'll divest the us arm of tiktok. have you put, how deep are you into this? have you put a value on the company? what kind of money are you raising for this? >> yeah, we're deep into it. deadly serious about this. think this be an awesome way to catalyze an alternative version of the internet where individuals would own and control their identity and their data and we have an internet then that's in harmony with our democratic principles. freedom, liberty, agency, economic freedom as well, and right now, we're captured by big platforms that scrape our data and manipulate us, let's face it, and i was thrilled that the congress moved so quickly regarding tiktok but let's step back for a second here and look at this. our own platforms are doing the same thing. they are scraping our data. they are profiling us, and they are manipulating us and they are actually causing us not to get along as opposed to get along, so yeah. we're putting together a bid. as far as your question is concer

this all comes as the justice department presses parent company bytedance to sell tiktok or face a u.sn. lot of people watching that. >> rhiannon: a lot of people watching that, and also a lot of people watching the weather. these wildfires happening out west. we're not getting much relief. time to check in with somara with the latest on that. good morning. >> somara: good morning. we're already seeing 350,000 -- over 350,000 acres burned with this butte county fire. this is the park fire, only 10% contained. so what's driving this? we have some gusty winds, but look at the relative humidity. it's pretty low 70% in chico where the fire is burning. the impact air quality alerts farther north, and we also could see a potential for wildfires where you're viewing that red flag warning. where is the smoke going? it'll continue to migrate farther east into idaho, down towards nevada and utah there. we have near a thousand wildfires burning in california. over a hundred burning in the u.s. right now, and the heat. they're getting a little bit of a reprieve on the heat a few degrees there, but

speaking of bytedance. >> i read that, too. i'm more interested in china. >> yes or no or tiktok?y kotick? >> right now reciprocal trade with china and i don't xi singling out a single company is a good idea. >> leave it there. bobby kotick, activision blizzard working on all of these a.i.-driven philanthropic divisions. back to you. >> appreciate it. julia boorstin with bobby kotick. 40 minutes away from inflation data. awaiting the numbers look at futures and how we're setting up after yesterday's redistribution in the markets from big cap technology to other players and sectors in the market. which had not participated in the year's run. s&p 500 up by two points. nasdaq down by 13 right now. treasury yields, ten year note at 4.2%. we went down seven basis points yesterday after yesterday's cpi report in the two year at 4.49. rick santelli is standing by at the cme in chicago. rick? >> yes. we're waiting the ppi. wholesale side of the inflation equation. of course, june numbers that will be coming out in a few seconds. do want to point out to your note yesterday, lowest yield si

the ability to download other people's videos, as well as the rise of capcut, which is owned by bytedance, the same company has tiktok this is integrated into tiktok. it has again democratize video editing really complex edits. there are now these templates that people can easily press an ad in their clips. and these are what are really blowing up on social media. their edits, fan cams and it's basically like modern day political ads made by every everyday voters that go crazy viral overnight. >> i mean, how game-changing though can get these younger voters come out and actually do vote the margins could be pretty notable. >> that's gonna be the big question whether or not these folks come out and vote, because what we see is they only make up about 16% of registered voters, 13% of likely voters. why do we see that shrinkage from likely vote? voters to register voters? because look at this the number of young folks generation z who say that they're almost certain to come out and vote. what we see as that number is significantly lower than the percentage is overall for the overall public.