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Judge Temporarily Blocks Trump's WeChat Ban

PYMNTS

A California federal judge has temporarily blocked President Donald Trump's executive order prohibiting WeChat , the social media app owned by China’s Tencent Holdings Ltd., national security, foreign policy and the economy. national security, foreign policy and the economy. Score one for WeChat. told the WSJ.

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Trump Gives ByteDance 90 Days To Split From US TikTok Business

PYMNTS

There is credible evidence that leads me to believe that ByteDance … might take action that threatens to impair the national security of the United States,” Trump said in his order. District Court for the Southern District of California, the company’s U.S. The social media company said Wednesday (Aug.

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Oracle And Walmart Could Pay $12B For TikTok Stake Under Deal Trump Endorses

PYMNTS

Chinese tech giant ByteDance reportedly wants Oracle and Walmart to pay $12 billion for a combined 20 percent stake in its social media giant TikTok — a plan President Donald Trump said will allow TikTok to avoid a threatened U.S. operations over alleged national security grounds. shutdown. “I If they get it done, that’s great.

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Big Tech Compliance Tracker: France Fines Amazon And Google $164 Million; Australia Warns Facebook And Google To Pay News Firms 

PYMNTS

Australian Treasurer Josh Frydenberg put forward the News Media and Digital Platforms Mandatory Bargaining Code and unveiled the particulars of his roadmap for Australia to become the first nation to make online platforms pay media for news. The legislation does not specify the manner in which a payment would be handled.

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TikTok’s Interim CEO Bullish On Possible Walmart Deal

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We’ve been providing that for our creator community as another way for them to earn a livelihood.”. headquarters in Culver City, California, as well as the company’s operations in Canada, Australia and New Zealand. “For us, we’ve been really focused recently on rolling out some eCommerce features. On Thursday (Aug. to buy TikTok’s U.S.

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The 2023 GonzoBanker Awards

Gonzobanker

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. We are in awe. Seriously in awe.

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Millennial Entrepreneurs’ Optimism Is Booming — Here’s Their Top Concern

PYMNTS

As millennials continue to grow their presence in the small business (SMB) community, the dynamics of SMB finance are also changing. Sixty percent added that their customers discover their businesses via social properties, while 49 percent said social media is also a crucial source to learn about small business trends.