 | | | | The Trump administration will ban WeChat and video-sharing app TikTok from U.S. app stores starting Sunday night, a move that will block Americans from downloading the Chinese-owned platforms over concerns they pose a national security threat. | | | | | | The Trump administration will ban video-sharing app TikTok from U.S. app stores starting Sunday night, a move that will block Americans from downloading or updating the Chinese-owned platform over concerns it poses a national security threat. | | | | | | Since July, TikTok users have braced for a threatened ban of the ultra-popular short-form video app in the United States, with some opening accounts on rival platforms and encouraging friends to do the same. | | | | | | U.S. stocks fell on Friday as technology shares sold off for a third day in a row, while all three major U.S. indexes posted a third straight week of declines. | | | | | | A federal judge narrowed Tesla Inc's lawsuit against a former employee it accused of hacking into its computers and leaking proprietary data to a reporter. The judge also dismissed a defamation counterclaim by the former employee. | | | | | | Global equity markets slid on Friday as investors sought direction after this week's U.S. Federal Reserve meeting and a jump in coronavirus cases in Europe rattled sentiment, while gold rose and safe-haven buying lifted the Japanese yen. | | | | | | Federal Reserve policymakers on Friday began fleshing out what their new tolerance for inflation will mean in practice, an issue critical to how investors and households reshape their own outlooks even if it may not be relevant to any immediate decisions by the U.S. central bank. | | | | | | U.S. banks got their second bailout in little more than a decade when Congress cut checks to millions of Americans to help them through the coronavirus crisis, Minneapolis Federal Reserve President Neel Kashkari said on Friday, calling for a new round of reforms to prevent it from happening again. | | | | | | The Federal Reserve hopes a new strategy rolled out last month will sink deep into the minds of the U.S. public, be well understood to involve higher inflation in the future, and prompt people to act accordingly. | | | | | | LVMH said on Friday it had submitted its troubled takeover of Tiffany, which is now at the centre of a legal dispute between the two groups, for EU approval as it seeks to counter accusations that it deliberately stalled antitrust proceedings. | | | | | |
