Twist. Walmart teaming up with microsoft in a bid for the popular social media app both stocks rallying to new alltime highs on this news. Julia boorstin has the details. The news keeps coming on this one. Reuters just reporting tiktok engineers were told to make contingency plans should it need to shut down u. S. Operations they are preparing for various scenarios including a forced shutdown telling us they are simultaneously developing plans to make sure u. S. Employees continue to get paid on the heels of any outcome. Walmart is teaming up with microsoft to buy tiktok. Walmart telling us, quote, we believe a potential relationship with tiktok u. S. In partnership with microsoft could add this key functionality and provide walmart with an important way for us to reach and serve omni channel customers as well as grow our Third Party Marketplace and advertising businesses dan ives tells us, quote, we believe microsoft buying ticktoticktok would be like Christmas Morning coming early fo
This is blue bus the one business show you cant afford to miss or in washington coming up the United States has made the call to shutter chinas consulate in Houston Texas further chilling relations between the worlds 2 largest economies straight ahead we analyze the rising tensions and how markets are reacting to the growing rift plus as the race break open i came back again continues to heat up among medical firms concerns about nonprofit distribution are coming to light later we take a look at the quest for a cure and the state of the corona virus spread around the globe and later in the program we analyze the state of trademark squatting as one n. F. L. Franchise announced it would be changing its mascot today so lets dive right in. And we lead the program with the latest on the back and forth between the worlds 2 largest economies as the United States state department has ordered the. Closure of the chinese consulate in Houston Texas now Morgan Ortegas a spokesperson for the state
And we leave the program with the latest on the back and forth between the worlds 2 largest economies as the United States state department has ordered the closure of the chinese consulate in Houston Texas now Morgan Ortega a spokesperson for the state Department Says the decision was made to protect American Intellectual property and the private data of its citizens following this decision the Houston Fire Department responded to reports of documents being burned in the courtyard of the consulate general of china however no further details on this incident were provided meanwhile secretary of state spoke about the situation while in copenhagen denmark on wednesday. We are setting out clear expertise for how the Chinese Communist party is going to behave and when they dont who are going to take actions that protect the American People protect our security our National Security and also protect our economy and jobs thats the actions that youre seeing taken by present trump will continue
On twitter or facebook. Lets start with yesterdays hearing. Chairman of the house judiciary antitrust subcommittee kicking off this hearing in the opening remarks saying that he believes these Companies Need to be reined in. The practices have armful economic effects. They discourage entrepreneurship, destroy jobs, and degraded quality. Simply put, they have too much power. This power staves off new forms of competition, creativity, and innovation. While these firms produce individual products, the dominance is killing Small Businesses, manufacturing, and dynamism that our engines of the american economy. Several firms harvest and abuse peoples data to sell ads from everything to new books and dangerous miracle cures. They cant run away fast enough. There is no escape from the surveillance because there is no alternative. People are stuck with bad options. Open markets are predicated on the idea that if a company harms people, consumers, workers, and Business Partners will choose anoth
Ahead we analyze the rising tensions and how markets are reacting to the growing rift plus as the race break open 1000 vaccine continues to heat up among medical firms concerns about nonprofit distribution are coming to light later we take a look at the quest for a cure and the state of the corona virus spread around the globe and later in the program we analyzed the state of trademark squatting as one n. F. L. Franchise announced it would be changing its mascot with a pack show today so lets dive right in. And we lead the program with the latest on the back and forth between the worlds 2 largest economies as the United States state department has ordered the closure of the chinese consulate in Houston Texas now Morgan Ortegas a spokesperson for the state Department Says the decision was made to protect American Intellectual property and the private data of its citizens following this decision the Houston Fire Department responded to reports of documents being burned in the courtyard o