your member that also rally that tiktok, it is claimed, ta nks rally that tiktok, it is claimed, tanksgest markets to be affected here, it's clearly a very worrying and nervous time for actor one. —— for tiktok. let's bring in zhaoyin feng from washington, dc. what did you make the decision? this is the remarkable move. some analysts see it as a pr stu nt for move. some analysts see it as a pr stunt for tiktok because it is reported to hong kong has a relatively small and lossmaking market for the company. last year, it is reported tiktok only had 150,000 users in hong kong, which is relatively small considering the population in hong kong is around 8 million, and also this is only 1% of the apps number of users in india. at the same time, the company confirmed its sister app for mainland chinese users will remain accessible in hong kong, so many critics are saying, in this move, tiktok treats hong kong basically no different than other mainland cities, which is what the national security law allegedly aims to do. cities, which is what the national security law allegedly aims to dolj s

in a statement to the bbc, tiktok said:. these problems are by no means unique to tiktok.cular has been criticised for its response to extremist material. how these companies engage with this issue is hugely important in the us election year. in a us election year. we have no idea at the moment what kind of impact tiktok could have on elections or any other kind of political event in the coming years. it's such a huge app in terms of user base but there's no transparency over how it provides information to people at the moment. so we really need some more clarity fro mpeople who are using it and what it might do in terms of political campaigning this year. with all of the press coverage that tiktok has received, it's easy to forget just how young tiktok actually is. just three years old. and we're still perhaps even tiktok is still getting to grips with the huge amount of power the platform now wields. we have been taking a look at what can be done in a virtual reality. we have been taking a look at what can be done in a virtual realitylj thought, can be done in a virtual

if you work for tiktok, even if you are on tiktok rightow, it is a worrying time.ause really, at any point w, if you look at what pompeo said, if you look at the fact that trump does not particularly like tiktok, you remember tt rally that tiktok has claimed was tagged by them signing up in droves when they had no intention of actually going. if you look at the potential therefore some of tiktok's biggest markets to be affected here, it is clearly a aery worryingnd nervous time for tiktok. ros: let's bring in james live from washington, d.c. what did you make of the decision to pull out of hong kong? >>s is certainly a very remarkable move. some analysts see it as a pr stunt for tiktok. it is reported that hon kong is the company. small market for last year, as wete rep tiktok had out -- had only 150,000 users in hong kong which is relatively small, considering the population in hong kong is around 8 million. and also ts is only 1% othe apps, number of users even in india. at the same time, the company confirmed that its ster appma would accessible in hong kong. ma

in a statement to the bbc, tiktok said: these problems are by no means unique to tiktok.for its response to extremist material. how these companies engage with this issue is hugely important in a us election year. we have no idea at the moment what kind of impact tiktok could have on elections or any other kind of political event in the coming years. it's such a huge app in terms of user base, but there's no transparency over how it provides information to people at the moment. so we really need some more clarity both from the app and from people who are using it, on what it might do in terms of political campaigning this year. with all of the press coverage that tiktok has received, it's easy to forget just how young tiktok actually is — just three years old. and we're still, perhaps even tiktok is still, getting to grips with the huge amount of power the platform now wields. many more of us have been working from home during the pandemic and if, like me, you're starting to feel a spot of zoom fatigue, then how about some new ways of doing meetings? well, chris fox has b

tiktok. just a few yea rs been on the rise. tiktok.a few years old, it has already been downloaded more than 2 billion times. it is an alluring mix of funny videos and the latest dance moves, which has been a particular hit the younger ages. but with great power comes great responsibility. tiktok‘s huge user base could mean that it has a huge influence. and as james clayton has been finding out it is now being used as a political platform. and just like facebook and twitter before it, a dark side is emerging. tiktok is a platform where you have fun and be creative. it's all philosophy is based around music, lip syncing and of course dancing. it is not supposed to be a political platform. it was not supposed to be any platform other than music. that is how it started. tiktok banned political ads last year, but its content is increasingly political, blurring the lines between comedy and entertainment, and politics. tiktok uses entertainment, and politics. tiktok uses laid claim to sabotaging donald trump's rally in tulsa, preserving seed

is time taking for tiktok?resident trump threatens to ban the app over concerns it could allow beijing to spy, and media reports microsoft is in talks to buy it. berlin's famous club scene has been silent for months because of the pandemic, but frustrated ravers are moving underground -- or, rather, outside. ♪ it's good to have you with this. scheduled for september have been postponed for a year. chief executive carrie lam says the delay is necessary due to a surge in coronavirus cases, but opposition lawmakers are not convinced and accuse the government of using the pandemic as a retest to thwart democracy. -- using the pandemic as a rereason to thwart democracy. >> it was a very, very difficult decision to postpone the legislslative council election, which takes place every four yeyears, but i it's necessary to fight off the coronavirus, to protect people's health and uphold public safety. we also have to ensure the election process is fair and open. ironically, to curb the pro-democracy protests, hong kong'

buy tiktok's u.s.ow exactly would that work if microsoft bought the u.s. part of a company that is an app used by millions of people use around the world? kurt: it is incredibly complicated. i think you are asking the same questions we are asking. i think the important thing to remember here is that tiktok is basically broken up into two apps. tiktok version that is available in china. then there is tiktok which is available in many of the western countries including india. what we have seen is that they have tried to delineate between those two services even though they are very much the same product. to say that one of them is kind of contained within china and the other is outside of that. it is unclear if this would be microsoft buying everything outside of china or there would be a third version of tiktok, a version that microsoft buys, a version for the rest of the world, and then a version in china. it is incredibly complicated and i think those are questions we are waiting to have answered. emi

tiktok, tiktok operates all but in china, so it is not clear why were talking about tiktok u.s.s everything being separated from ownership in china, so that is the confusing element. i don't know how you separate tiktok from everything else, when all of the technology leverages the global business of tiktok would seem very challenging to do that. that are lots of companies have tried to replicate the functionality that predate predecessor,he none of those have caught on. that is the magic behind tiktok. i don't know how you separate that. romaine: this is a play for that technology. thread the trump administration and folks in congress seem to be pointing to is on the back end of this, you have the chinese government and their ability to access the data. create aa way you can separate company where that thread to the chinese government is assured to not exist? are a lot of apps that have connections to china that you use every day, games owned by chinese companies. it is unclear what makes this one singled out over all, but the larger question is no matter what president trump o

that tiktok ceo is a u.s. ceo. formerly from disney why is it not raised as a possibility that this division of this company could be spun out into a separate company given that the appetite these days for social media companies? >> look. that's definitely one of the options here it is notable the hiring of kevin mayer, very senior at disney, ran the streaming service in international division, responsible really for the launch of disney plus and his hiring i think really a statement that tiktok's u.s. operations are a u.s. company really intending to stake a claim there that they're willing to do whatever it takes to keep it operating here in the u.s. and also speaks to the huge growing popularity of the app. remarkable how fast it's grown. >> yep thank you. steve grasso, if microsoft said tomorrow that they're buying tiktok, would you like microsoft more or less >> i would like microsoft more but what was interesting was if facebook is under the scrutiny of d.c. then wouldn't microsoft start getting under the scr

tiktok operations. bloomberg. ♪ ♪ vonnie: president trump is said to be ready to order by dance to sell its tiktok operations in the united states on national security grounds. let's get more insight from kurt wagner. joke about howa dancing is very threatening to our national security, but i suppose the question is, is this just president trump trying to punish china or is there a real national security concern behind this? >> that has been the question for a number of months. we have seen a number of republican politicians, including president trump say that tiktok poses a threat because of all of the data it collects on american users. that that data is not abused, not stored in china. they recently hired a new ceo who came from disney, they have an office in los angeles. tiktok is trying to present itself as a very american company to combat this idea that trump has positioned it as a threat. as we are seeing now unfolding live, clearly, he thinks it is serious enough that he will, at the very least

here's the problem they have at tiktok.espite the fact triller is going to raise a lot of money, it's run by very competent people, it's attracting more and more users that were on tiktok, we should point out there's been a lot of stories about how those big-time young media -- those big-time influencers are migrating to triller. tiktok doesn't have a lot of alternatives. look at it this way. let's map this out a little bit. they can do an ipo, right. let's get to the bottom of it. bottom line is u.s. government doesn't like the fact they are owned by the chinese, the chinese company bytedance. how do you get out from under the chinese? you can do an ipo. sell to u.s. shareholders. still the chinese would have a stake. guess what, u.s. government hasn't approved many chinese ipos these days. they could sell to private equity. generally private equity doesn't like companies that have a massive valuation that tiktok has right now. they take companies that are beaten down a little bit, fix them up and sell them, take them priv

amazon workers being told to delete the tiktok app.us a bit about that because tiktok is under investigation and both the us and the uk, isn't it? yes. tiktok, which is this short video technology platform, massively popular, being usedit platform, massively popular, being used it innovate and communicate lots of different ways. it is a chinese company. as we know, china has gone under lots of scrutiny in the scrutiny reviews going into the use the scrutiny reviews going into the use of chinese technology. the concerns use of chinese technology. the concerns are use of chinese technology. the concerns are that tiktok as a chinese company could be used to some extent to breach data security to effectively spy on devices, and that's the concern that led to, appeared to lead to an e—mail being sent to staff at amazon and asking them to delete the app on their phone. otherwise, their e—mails, their access to secure information what work. we've already seen a message come out from amazon saying actually, that memo was sent in error. it's an

your take not only on tiktok pulling out of hong kong, but other scrutiny tiktok is facing in the u.snot sure what they are doing with the data? think their parent company has done a really great job with the product. i use the product, person and find it very addictive. personally, and find it very addictive. starting from a product perspective, we look at all of the great things they have done. in terms of what they do with honest i have no inside knowledge and can't , but ispeak about it really admire what they have .one on the consumer side taylor: verishop ceo thank you for joining us. and speaking of tiktok, we are going to be covering this as well. a popular video app facing criticism from both beijing and washington. why they are pulling out of washington and may find themselves blocked in the u.s. all of that next. this is bloomberg. ♪ taylor: tiktok is pulling its viral video app from hong kong. after beijing enacted sweeping powers to crack down on national security threats in the region. the app continues to face scrutiny in the u.s. and beyond for censoring content. for m

first of all, how big for tiktok tiktok, i imagine using the u.s.ould be a huge blow to their financials >> it is this is the largest private tech company, $100 billion is their last round 65 million users in the u.s. half of those are under the age of 18. when you think about the total user base it's about one third the size of facebook the current market cap is under 700 billion. this gap between where facebook's market cap is relative to the users and tiktok is still significant when we generally frame in what's at stake here, we're talking about an additional 1 or $200 billion could be created for tiktok to go after the u.s. opportunity. the tiktok platform is ideal for montization. there's a lot at stake for tiktok to get the u.s. right >> absolutely. this comes after the news just in the past th24 hours that nin, the super star said he is taking tiktok off his phone it's a sign of what the general public is doing. tiktok was named in one of the apple ios vulnerabilities that let some apps including tiktok use anything you copied and pasted on

amazon says an email asking employees to remove tiktok from their mobile devices was sent in error.n the 80th anniversary of the start of the battle of britain, the schoolgirl who helped the raf beat the luftwaffe. hello. president trump has commuted the prison sentence for his friend and advisor roger stone. he was due to start a three year and four month prison sentence for lying under oath during the investigation into russian interference in the 2016 us election. the white house said mr stone would have been at serious risk of covid—19 in jail. within the past hour, mr stone has been speaking to the media. here's some of what he had to say. i am going to do three things — i will write a book, another book, about the experience, because people need to understand the extraordinary abuses in ourjustice system. i will help general flynn to get exoneration, because the refusal of the judge to dismiss it and drag it through the summer is outrageous. and i am going to do everything i possibly can, on an independent basis, to get the president re—elected, which i think is crucial. a sho

amazon says an email asking employees to remove tiktok from their mobile devices was sent in error., on the 80th anniversary of the start of the battle of britain, the schoolgirl who helped the raf beat the luftwaffe. hello. president trump has commuted the prison sentence for his friend and advisor roger stone. mr stone had been due to start a three year and four month prison sentence for lying under oath during the investigation into russian interference in the 2016 us election. the white house said mr stone would have been at serious risk of covid—19 in prison. our north america correspondent david willis has the latest. well, roger stone, james, is a political operative, someone who has almost rejoiced in the reputation as a dirty trickster. now, he hinted during the 2016 presidential election campaign that he was in touch — through an intermediary — with the wikileaks founderjulian assange, and boasted that he was knowledgeable about the release to wikileaks of thousands of e—mails hacked from the server of the democratic national committee. he was sentenced to more than three

for more on that controversy surrounding tiktok, you can head to cnbc.com. a lot of teenagers will be unhappy about that >>> that's the news update about that kelly, back to you >> snapchat has the potential. >> exactly >>> covid cases continue to spike in texas one week after governor abbott reduced restaurant capacity back to 50%. the state recording another 8200 cases, up 40% from the previous day. the seven-day average for cases is now surging more than 25% since the reopening testing has climbed more than sixfold while new cases has risen more than sev sevenfold. it is projected that 37% won't make it through this pandemic and that sounds low based on studies we've heard lately the owner of free range concepts operates 11 restaurants in the state combining experience with a dog park, bowling alley and live music it sounds like a great time normally speaking, but a terrible place to be doing business right now tell us what it's been like. >> i think we can all agree that 2020 has been a mess so far. like you said, my concepts are generally a good time. w

portion of tiktok. you know, tiktok is a global company, as you know.il i first started covering this story although i do seem to recall my 11-year-old niece doing music videos on this platform named tic-tac. at least that's what i thought it was called. but be that as it may, it's very popular. it's 80 million u.s. users, 800 million globally. microsoft is in talks with bytedance to buy at least the u.s. portion of this thing. i'm going to do a full write-up on this because it's very complicated. we should point out that bytedance actually initiated the talks with microsoft, i understand. why did it do that? it did that about a month ago because it knew its time was coming near, that the u.s. -- that cfius, the unit of the treasury department that basically allows foreign companies to operate in the u.s., was basically saying that tiktok's u.s. operations have to stop. they knew that was coming down the pike. the minute they knew that was coming down the pike, they initiated talks with microsoft. now, why microsoft. it's kind of interesting. microsoft

and tiktok. basketball players head to florida while more baseball players decide to sit the game out. >>> i'm spencer christian. get ready for gradual warning, get ready for gradual warning, followedcalifornia phones offers free specialized phones... like cordless phones, - (phone ringing) - big button, and volume-enhanced phones. get details on this state program. call or visit and accessoriesphones for your mobile phone. like this device to increase volume on your cell phone. - ( phone ringing ) - get details on this state program call or visit >> bay area companies have received billions of dollars for the paycheck protection program with more than 100,000 loans distributed so far. but as abc7 news stephanie sierra found out, many receiving the loans clearly have access to capital elsewhere. >> reporter: the nueva school is known for its highly esteemed program, small class size. if the campus views don't say it all, it is no seek the school has dedicated donors with a $9 million endowment. p

wins or tiktok loses and facebook wins? >> it could by something like that, britney. i don't know if just the outright corporate dollars will be the determining factor in who wins here, because the virality of tiktok -- i have a couple in my homes here in terms of consumers of it -- and they hilariously look down at millennial as hopelessly out of date, since they use last year's platform >> thank you all today we appreciate it mike santoli, bertha coombs and dom chu for "rapid fire. >>> sheldon adelson made a promise to pay employees through october. we'll speak with the ceo, next don't go anywhere. you may be learning about, medicare and supplemental insurance. medicare is great, but it doesn't cover everything ...only about 80% of your part b medicare costs. a medicare supplement insurance plan may help cover some of the rest. learn how an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company might be the right choice for you. a free decision guide is a great place to start. call today to

tiktok responded. they are refuting that this happened. they have tried to disassociate themselves from their own chinese roots. they need to get this balance right. i am not sure if they got the balance right. brent: they are considering banning it in the united states. as always, thank you. fernando alonso is set to return to formula one in 2021, having retired less than two years ago. the spanish racing driver called it quits at the end of the 28 season -- 2018 season. the 38-year-old looks all set to be returning to another former employer. the team wherere he won championship titles in 2005 and 2006. more setbacks on monday, the milwaukee bucks and sacramento kings of the national basketball association close their practice facilities due to positive covid-19 tests. just as the leg prepares to resume it season in florida. meanwhile, on monday, the team was withdrawing from the mls tournament due to 10 players in the club tested positive for the coronavirus. this is dw news. here is a reminder of the top story. the brazilian president

the first is that tiktok is collecting private data, personally identifiable data.he second issue, while that is not too unusual, because we have seen it with facebook and other tech platforms. but the second issue is that tiktok is a chinese company, which means that at any point in time, the chinese government over ask that they turn information. we don't know what china would do with that data. what we know is that china is data and thelot of opportunity to collected from chinese companies like tiktok. if we were to find out that china had breached a company like 23 and me, and we combined the theft of data from a company like 23 and me with the personal identification information from a company like tiktok, that would be disturbing. as a nation, we want to be thinking proactively about how to secure the nation and its citizens. emily: does that mean you think that 23 and me should be telling the employees to delete the app from their phones? kiersten: i certainly think it is something that large companies should be looking at. this really is a supply chain secur

. ♪ watch it once tiktok challenge watch it onc tiktok challenge ♪ >> jimmy: okay, here's how it works going to watch a tiktok challenge that neither one of us have ever seen before. and we're going to try to re-create it and whoever gets closest to it wins that round. you down for this? >> yeah, i'm going to go down and play in front of my kids it's fine. >> jimmy: well, i think i'm gonna be good at this 'cause - >> like, "mom, don't embarrass us!" [ laughter ] >> jimmy: i'm kind of known for my dancing so this is going to be - >> yes >> jimmy: -- this is going to be easy for me, i think. i just want to get to a space. okay all right. here we go like that. okay all right. here's the first tiktok dance. ♪ ♪ ♪ >> jimmy: all right, so now it's my turn to go i can't see the dance. i just got to try to re-create in my brain what it was to the music. >> okay. >> jimmy: i'm going to go first. here we go ♪ ♪ >> yes ♪ okay ♪ [ laughter ] >> jimmy: it's your turn it's your turn ♪ ♪ ♪ [ applause ] how'd you know oh, my gosh! >> okay. >> jimmy: oh, come on now. let's watch both of ours together,

tiktok is really the first one and the u.s. may argue, well, we're just doing what china is doing to our companies, the likes of google, facebook, twitter blocked on the chinese main land. expect to see a ramp up. this is just a threat so far from the u.s it hasn't been carried out it could be a potentially big blow u.s. is a critical market. it's coming after the fact that tiktok has been banned in india. india is tiktok's largest international market that's a huge blow and the u.s. is also a major market if it gets banned there, it could lose a lot of users and revenue and that is a big concern. this he have tried to appease the international markets. they brought in an american ceo in the form of kevin myer, former executive at disney they're going to quit the hong kong market because of a new national security law. trying to distance themselves from their chinese company they have a lot to do and a lot of conversations with regulators to appease them and make them feel tiktok is a responsible company. >> it did seem that ti

. >> still to come, is tiktok a threat to national security? robert herjavec will weigh in on the potential ban. stay with us when you say what you're in the mood for, the xfinity voiceremote will find exactly that. happy stuff. if the groups happy, i'm happy. you can even say a famous movie quote and it will know the right movie. circle of trust, greg. relax the needles are jumping. you can learn something new any time. education. and if you're not sure what you're looking for, say... surprise me. just ask "what can i say?" to find more of what you love with the xfinity voice remote. >>> welcome back we are being joined now by sean john you mentioned jesus's parable of the lost sheep leaving the 99 to go after the one the support for essential worke workers. >> the reason i think it applies to dollars and sense is the thought of compassion. appreciating that our fortunes are tied together. i think there is sometimes a perception that if we're focused on the needs of people outside of our immediate community, outside of our immediate circle of

one could be, you know, tiktok is bowing to pressure from the chinese government.ce for the chinese version of the app to come in, which is easier to control for beijing. another interpretation is that tiktok and the chinese app are truly segmented in the way that they are run, and for a foreign run app, it doesn't make sense for them to be there anymore ageing is going to extend its laws to the island. i guess the telling point will be when we hear from companies who actually have a presence on the mainland, who have skin in the game? we have yet to hear statements from companies like apple or microsoft, who have long complied with chinese laws related to censorship, with data access. let's see how they decide to evaluate the new situation in hong kong. it is an overhaul in their strategy, for sure. we have heard from facebook and twitter and the like that they are pausing. there are others that have more practice, i think, there are others that have more practice, ithink, in straddling that divide. what do you think it means more generally for the future of tech

what particularly worries you about tiktok, lots of teenage girls around tiktok and the guys and boysnd college kids.nd what do you tell members lookin to use it? >> first all, i want toan thank you, laura, for bringing attention to this issue. this is not an insignificant and it's an app where people sendni the funny videos of lip-synching to their favoritehe artists. this is something that is direct from what many intelligence officials telling us from the chinese communist party. this has been downloaded over 100 sku 5 million times.ve let me repeat that. 165 million times by americans. this is used more so by any other app, by teenagers and o young people in this country. this is an infiltration into the smartphones of americas' youth, and mike pompeo saide. it best. i wouldn't use tiktok and was i wanted to send all my personal information to the chinese calmness party if your teenager has tick-tock on their phone, they very well may have sent personal information, but your familiesio information, where you are going on vacation, what you are talking about. tiktok in a lot of dif

politicians clearly have tiktok, a target on tiktok. there's a number of investing agents going on.oblem for them. anjo, thank you for that update. we will continue to follow this story and your reporting on it. meantime, lots of tech earnings coming up this week including microsoft and twitter. long a poster child for growth, but getting earnings growth and the ability to make money in this stay-at-home crisis has been the biggest tech names synonymous with quality and utility. our scarlet fu reports. scarlet: the biggest knock against big tex -- there outside gains leave little room for misses. investors may be quick to fleet, especially with optimism or in improving economy with lasting rotations into other sectors. here's what can remove some of the shine from the biggest tech names. mayapple, the pandemic delay iphone 12 and may leave the company unwilling to give a sales forecast. amazon revenue likely grew more than 25% but it is also spending a lot. how much will it spend to keep the delivery network running smoothly? microsoft is benefiting from a shift to the cloud, but is

careere and i's tiktok was just getting started. shelley banjo. get a quick check of the headlines. shares of walmart higher. the world's largest retailer will launch a service to compete with amazon prime. according to recode, that service will be called walmart plus and cost about $98 per year. underpaid -- had to pay the new york compliance regulator for compliance lapses. regulators say deutsche bank thought out jeffrey epstein as a customer after his conviction in florida for soliciting underage girls. a firm will get money from the u.s. government, operation warp speed, to develop its coronavirus vaccine. approved lysol for use against coronavirus, for surface disinfectant. novavax ceo and president discussed the science behind the vaccine. >> we have taken the tactic of having a vaccine that has the competent protein that we make at large scale. that protein itself has the ability to stimulate antibody responses. but we also mix it with an adjutant. the purpose of that is to boost the immune response to the antigen and boost a t cell respon

and tiktok doing the same. we'll bring you the latest news and watch the share reaction across competitors >>> one man's trash is another's treasure waste management reporting an earnings beat yesterday. covid is weighing on their refr knew outlook let's bring in jim fish. he's ceo of waste management >> there was so much extra trash for everybody being at home. what as your company experienced? >> big industrial businesses reduce the amount of trash that they create but at home we created more trash and recycling. >> what is the general break down of your residential versus commercial and other sources >> in terms of revenue, residential, commercial are similar in size and our industrial business is slightly smaller. overall, it's a couple of billion tlars on base of about 15 >> got it. are we talking about overall transfer of people's activity in the workplace to activity at home and how does that affect margins and the way your business is set up to collect all of this? >> margins, were a part of the surpris

and so really the question with tiktok is how likely is it that the chinese government might be doingn, on the policy end, what is the appropriate response that a government like that in the us can take to deal with it. is tiktok, though, more risky for a user than other apps made by western companies such as facebook? well, so, tiktok is not too different than many other apps in that they collect far more than what you would might expect on the application. so certainly, tiktok is collecting comments users post to videos they view but it is also collecting things like your contacts potentially or internet search history. maybe even what you had last in your clipboard, so what you are copying and pasting. this goes far beyond what most users might suspect but there are a lot of other apps that do this. and so if we are just talking about the scope and the depth of the data that this app mines from users, it is really a systemic issue in the us with a lack of limits on what private companies can collect. we are in really new territory here, seeing powerful chinese firms, the one which

this is because tiktok is a, i didn't realise tiktok isa tiktok is a, i didn't realise tiktok is a chineselled. also, i see that £50 billion of future investment from china is also at risk with some universities, for example, with banking and money coming from there. but i don't know if iain anderson would agree, but this is not unexpected. yes, there was bound to be some kind of quid pro quo. the chinese government said as much, didn't they? that is right, and this is probablyjust the start of it. so this is about a chinese company that was going to make an investment in britain. the sunday times piece talks about potential reprisals for a major british names like jaguar land rover, 6laxo smith klein, that have got a heck of a lot of trade in china as well, so this mayjust be the start and actually one of the things that i can say is that china has become my new brexit in terms of the stuff that goes across my desk. are we now shaping up where we will form to kind of distinct blocks where you do business with china or you do business fundamentally with america and there's not going to be

amazon says an email asking employees to remove tiktok from their mobile devices was sent in error.nd on the 80th anniversary of the beginning of the battle of britain, the schoolgirl from london who helped the raf, beat the luftwaffe. total of global coronavirus infections, and nowhere has been hit harder than america. the country's top health official for infectious diseases now says some us states should delay ending their lockdowns. this graph shows the number of daily cases since the start of the pandemic, the number was falling towards the end of last month, but now there's a steep rise, topping 60,000 in recent days, the highest single—day tallies for any country, since the pandemic began. the states in darker blue have had the most cases per head of population in the last week, with the worst hit being south carolina, with an average of 305 daily cases per million people. louisiana with 321 and florida with 423. but the state with the most cases is arizona, from where our correspondent, sophie long reports. music plays when the governor of arizona lifted the state's stay—at—

. >>> is the clock ticking for tiktok? how one of the it stood at the state capitol for a century but today the christopher columbus statue was put on a truck and haul aid way. >>> a large crane hoisted the so-called columbus statue on to a large flat bed to be taken to an undisclosed location. as native american groups canted and cheered. >> i think it's long over due. >> the four on the marble and granite statue called columbus' last appeal to queen isabella has been in the capitol rotunda since 1883. today some stood by shaking their heads disapprovingly. >> i think that, i've traveled around the country a lot. and i think that it's important that you don't remove historical things or history, you know, that you update it. you add to it. you know. the more truth that you find out. >> the historical society says the assembly's decision to remove it happened behind closed doors and without their input. >> they wouldn't take a meeting with us. they were frustrated the operation happened without notice and in the middle of

no strings attached. >>> we're looking at tiktok. we're thinking about making a decision we're going to be watching the hearings today very closely because there's no question that what the big tech companies are doing is very bad. >>> that was president trump earlier today with the administration announcing that tiktok is under review they will do whatever it takes to ensure the long-term availability of tiktok jon, what do you think is this just a sign that tiktok will be spun off >> i don't know what that is, julia. on the one hand he's saying that they're looking at tiktok. on the other hand he's saying with the big tech companies, that's the u.s. tech companies what they're doing is very bad what we're going to see in congress today i expect from mark zuckerberg and perhaps from others is something very different saying, hey, what china is doing, if you like that congress, then hamstring us. then shackle us and then china will rise. what the president seems to be saying is we're looking at tiktok because we think maybe they're b

kara, do you expect instagram reels to be a tiktok killer?ey'll try that's what facebook does, they never think of a fresh idea on their own. so they'll try i think this is really -- it's quite special. it's a different thing yes, of course they can mimic everything it would be nice if they thought of an idea on their own. that would be nice some day. that would be an interesting trend. but sure sure why not. we'll see. we'll see how it is. they have the base using it already. but they have to be careful not to go too far from their -- they did very well with stories by grabbing that from snapchat. but maybe. we'll see. they failed, i don't know what happened with their dating service. where did that go? they had a lot of things that work and don't work. that's normal for a giant company like that. >> sure. kara swisher, the best looking 109-year-old we have on our air. thank you. >> i'm not doing any dancing don't worry. no dances by cakara swisher on tiktok >> thank you >>> look at this chart it is a stock nearly 900% higher in just the las

tiktok pulling its app from the city, this as the united states is looking to ban tiktok.ming rate, dr. anthony fauci are warning that we are knee deep in the first wave. new york reopening, while other areas including los angeles and miami are reversing course. markets are pulling back this morning after that powerful rally yesterday. futures indicating a decline in the triple digits this morning, down 263 points on the dow industrials after a strong rally kicked off the week yesterday, pushing the nasdaq to yet another record high yesterday. the nasdaq at 10,433 points, up 226 points, that was two and a quarter percent yesterday, the dow was up almost 2%, as was the s&p. who dipped into the paycheck protection program? companies include law offices, the girl scouts, pf chang's, the list causing controversy. crime rising in major u.s. cities, georgia's governor declared a state of emergency, deploying the national guard. it's almost time to play ball, major league baseball announces the shortened schedule with some big games to open of this season. mark: i mornings with m

lots of teenage girls are on tiktok and guys, girls and college kids.t do you tell members looking to use at? >> first of all want to thank you laura for bringing attention to this issue. >> this is not significant and an app where people share funny videos of their favorite artist. this is something direct from what many intelligence officials are telling us from the chinese communist party. this has been downloaded over 165 million times. let me repeat that 165 million times by americans. this is used more than any other app of young teenagers, people in this country. this is an infiltration into the smartphones of america's use. mike pompeo said it best. he said i would not use tiktok unless i want to head over all my personal information to the chinese communist party. so the parents watching this right now, if your teenager has tiktok on their phones, they may very well handed over personal information, not just their information but the families information, where you go on vacation, what you are buying, what you are talking about. tiktok in a lot

we have news on tiktok, the popular social media app. got that. tiktok.k zuckerberg, facebook guy, his testimony before congress. what did the tiktok guy say, susan? susan: well, tiktok's new american ceo, kevin mayer, just accused facebook of using patriotism as an unfair way to attack the chinese-owned consumer app. he also slammed facebook's efforts to build copycat apps that look exactly like tiktok. instagram reels it set to launch next month. facebook is reportedly offering hundreds of thousands of dollars to lure away some of tiktok's top influencers. tiktok has taken the world by storm, breaking records for app downloads in the first three months of this year and it has a younger user audience, social media that they covet including 70% of 10-year-old girls have it on their smartphones according to one researcher. that's a segment that you want. facebook also has a history of copying their competitors and their features including snap's disappearing posts and that really hurt snap user growth. tiktok is wary but the company also has other headache

and this is not a tiktok issue.pany today that is connected with china in some way or another are trying to do that. the framework people used to look at these multinational companies has shifted in the last year, and companies are scrambling to make adjustments, and they are adapting. we encourage them to adapt as well. investnow, you obviously a lot in china, a lot cross-border. they says tensions in the u.s. and china continue to ratchet up. you have hong kong's special status revoked. is that changing anything about how you do business across the borders? are very global. we have offices in san francisco, the bay area, a presence in new york, and our roots are in silicon valley and singapore. we became an early investor in asia, specifically china, with our investment in alibaba. we do have localized teams that operate across these geographies. we have close to 300 companies. many of them spam across span across-- geographies such as the u.s., china, southeast asia, and latin america. like dsp.lobal fund, we und

banjo: bloomberg's shelly covering all things tiktok.es it for this edition of "bloomberg technology." this is bloomberg. ♪ i got an oriole here. eh. common bird. ooh look! over here! something much better. there it is. peacock, included with xfinity x1. remarkable. fascinating. -very. it streams tons of your favorite shows and movies, plus the latest in sports news and... huh - run! the newest streaming app has landed on xfinity x1. now that's... simple. easy. awesome. xfinity x1 just got even better with peacock premium included at no additional cost. no strings attached. just say "peacock" into your voice remote to start watching today. haidi: good morning. i'm haidi stroud-watts in sydney, alongside shery ahn in new york. atry: u.s. stocks slump concerns that coronavirus will do real any economic recovery. gold remains near $1800, oil slips, and demand stays weak. infections continue to rise as global numbers top 12 million.

chinese tex tech firm that owns tiktok is denying the claims. the company says it stores american's data in service within the united states with a backup in singapore and none of that information is subject to chinese law and "tiktok is led by an american ceo. we have never provided user data to the chinese government, nor would we still have." u.s. officials say tiktok is among other chinese-owned apps they are evaluating. for years the administration has led an international campaign to convince countries to curtail or ban chinese software and equipment, claiming they expose sensitive data to chinese governments. fbi director christopher wray says that the fbi's nearly 5,000 counterintelligence cases, nearly half are related to china and china is actively working to a compromise american institutions and companies that are researching covid-19. bret? >> rich edson, thank you. let's talk about where things stand right now in the fight against the coronavirus and china as well. we are joined by the man in charge of the coronavirus task force, v

how do they implement that in india tiktok has been banned. it could have a big impact tiktok in particular has grown its presence in the international markets and in particular in the u.s. the u.s. is one of the most popular markets along with india. there could be ramifications for the employees and essentially if they shut it down, what does that mean for the data that's currently stored in the u.s. will they delete that? will they give guarantees to the u.s. government that they will be deleting that data? there are so many questions about this and so many ramifications of it. right now i think it's a lot of rhetoric it would be a big step for the u.s. to block an internet services company for what we've seen from this administration, nothing is off the table. >> there is a good amount of saber-rattling thank you very much for the latest on tiktok. >>> the world's most valuable unicorn may be headed for an ipo. alibaba's financial technology fin tech business plans to launch this year targeting a valuation of $200 billion. hoping to sell 5

my hairdresser uses tiktok to get new margarita recipes.gic intelligence collection target? let's talk about that. but the key issue is, tiktok's parent company is a chinese company. so the question is, is data that is being collected on tiktok's platform in the u.s. potentially being sent via byte distance to the chinese government and used to gain some kind of intelligence advances over the united states in the key question is, is tiktok adequately firewalled from its chinese operation? the company says that they are and they're putting in place measures to do so. we need to see some independent outside auditing of that. if they can prove that, that that's really important, then we should back off. the second question, as i mentioned before, what would the chinese government do with that information about margarita recipes and lip syncing and my cat in my backyard if they had it? and think we need to be careful, are we heading into a u.s. cyber sovereignty? we're beginning to mimic the chinese government where we're using blanket national

. ♪ i just want to shine >>> the beauty trends that are taking over tiktok.e're putting them to the test. the tips and tricks that work and how you can use them. everything you need to know to boost your at home glam. ♪ bring it on home ♪ bring it on home >>> independence day holiday weekend is here and so are major holiday savings. summer must haves from furniture to outdoor gear, where to find the red, white and new discounts you don't want to miss. ♪ yeah, it's a party in the usa ♪ >>> are you hosting a party in the usa this weekend? we've got the pandemic party planning guide you need to keep your guests safe and your festivities fun. all that and more as we say, good morning, america. ♪ got to be from out of town ♪ good morning, good morning >>> eva is already talking about banging some miley cyrus with her mask on in her backyard in brooklyn today. >> where is he going with this? >> i love that song. >> i know. yeah. i wanted to call that out. hey, welcome to our second hour. happy fourth of july, everybody. coming up we've got the lowdown on the fourth

tiktok is not that if you're buying tiktok, it's an application argument that now you're integratingers of data, big communities into that platform you have to buy those. as opposed to just get them to rent the space from you. the valuation question is an interesting one. it goes to story as well >> john, thanks very much for joining us on that potential deal we're out of time now. scott and mark, thank you for joining us >> thanks, guys. >> up next, coronavirus testing capacity is a hot button issue and the u.s. is still struggling to keep up with massive demand we'll talk to the ceo of hologic. we're be back in 90 seconds. my name is janelle hendrickson, and i'm an area manager here at amazon. when you walk into an amazon fulfillment center, it's like walking into the chocolate factory and you won a golden ticket. it's an amazing feeling. my three-year-old, when we get a box delivered, he gets excited. he screams, "mommy's work!" when the pandemic started, we started shipping out all the safety stuff that would keep the associates safe to all the other amazons. all of these are fac

for tiktok exiting hong kong is actually a win-win situation.the one hand it shows it is pro speech, in support of protecting user data from the chinese government. but at the same time it removes from hong kong i forum that was used by protesters to put videos calling for independence in hong kong. in addition to that, hong kong is a small market for tiktok would less than 2 million downloads. compare that to the u.s. where it has had more than 165 million downloads. yvonne: yeah. so, i can't imagine what the backlash would happen if we do see some type of ban in the u.s.. selina wang, thank you, joining us from beijing. just want to flag something from blue orca, a short seller that is now talking about a new stock that is in their focus. they are now shorting china, saying they are alleging the company overstated its infant milk revenue, and now they are saying it values them at 5.67 per share. that is the latest we are hearing from blue orca. just take a look at the stock right now. the stock right now trades at around $15.24, now falling cl