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The download page for ByteDance Ltd.'s TikTok app is arranged for a photograph on a smartphone in Sydney, New South Wales, Australia, on Monday, Sept. 14, 2020. Brent Lewin | Bloomberg | Getty Images President Donald Trump said Saturday he has approved in principle a deal in which Oracle and Walmart would partner with the viral video-sharing app TikTok in the U.S., allowing the popular app to avoid a shutdown. "I have given the deal my blessing -- if they get it done that's great, if they don't that's okay too," Trump told reporters on the White House South Lawn before departing for North Carolina . "I approved the deal in concept." Trump said the new company will be likely be incorporated in Texas. The outcome could boost Oracle's position as a company that can handle challenging computing workloads and help to resolve a geopolitical dispute between the U.S. and China. TikTok and Oracle both said Monday that ByteDance, the Chinese owner of TikTok, had sent a proposal to the U.S. Treasury Department over the weekend. Reports throughout the week said that negotiations were bogged down on the precise details of the deal, including the
WASHINGTON (BLOOMBERG) - Donald Trump said he has approved Oracle's bid for the US operations of TikTok "in concept" - a deal forced by the president's orders last month declaring the popular video-sharing app a national security threat. "I have given the deal my blessing," Trump told reporters on Saturday (Sept 19) as he left the White House for a campaign rally in Fayetteville, North Carolina. "I approved the deal in concept." The Chinese government must now sign off on the transaction for it to go forward. The new company, which would be called TikTok Global, according to Treasury Secretary Steven Mnuchin, will be the result of a transaction forced by Trump last month over national security concerns about TikTok's ownership by ByteDance, a Chinese company. Trump said the new company would be headquartered in Texas, would hire as many as 25,000 people and would contribute US$5 billion (S$6.8 billion) towards US education.
New York, Sept. 19, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Water Soluble Polymers Industry" - https://www.reportlinker.com/p05960467/?utm_source=GNW4 Billion by 2027, growing at a CAGR of 4.9% over the analysis period 2020-2027. Polyacrylamide & Copolymers, one of the segments analyzed in the report, is projected to record a 5.6% CAGR and reach US$10.9 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Guar Gum & Derivatives segment is readjusted to a revised 4.9% CAGR for the next 7-year period.The U.S. Market is Estimated at $9.8 Billion, While China is Forecast to Grow at 7.5% CAGRThe Water Soluble Polymers market in the U.S. is estimated at US$9.8 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$10.4 Billion by the year 2027 trailing a CAGR of 7.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.6% and 4.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3% CAGR.Polyvinyl
In a season that has seen fast-moving fires lay waste to millions of acres along the West Coast of the US, perhaps no town has seen the destructive fury that levelled parts of Phoenix, Oregon. In the span of just a few hours on Sept 8, the Almeda Fire burned through large parts of not only Phoenix but also the neighbouring town of Talent, together home to 11,000 people. Local officials estimated that the fire destroyed nearly 1,800 homes and businesses. Please subscribe or log in to continue reading the full article. Learn more about ST PREMIUM. Enjoy unlimited access to ST's best work Exclusive stories and features on multiple devices In-depth analyses and opinion pieces ePaper and award-winning multimedia content
A Baby Bodyguards team member in the process of babyproofing a client's nursery. Baby BodyguardsFred and Courtney Ilarraza are the founders of Baby Bodyguards, a New York City-based company that offers "babyproofing" services to expectant parents. After having their first child in 2008, they realized that babyproofing their home was a big task, and decided to launch Baby Bodyguards to meet the needs of local parents. Their services include everything from full-home babyproofing to in-home child and infant CPR, and expert instruction on car seat installation. Since the pandemic, Fred Ilarraza says more clients want the $700 two-story babyproofing package, as many New York families have upsized or moved to larger homes outside of the city. The company's most elaborate job to date was for a client renting a home in the Hamptons for just a month — the fee was $10,000 and it involved adding a removable pool fence. Here's their story, as told to freelance author Jenny Powers. Visit Business Insider's homepage for more stories. It was 2008 and my wife Courtney and I had just had our first child. As first-time parents, we began thinking about all the ways we needed to safeguard our home and