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President Trump issued a new executive order Friday seeking to force ByteDance to sell popular viral video app TikTok. Trump's order aims to retroactively invalidate ByteDance's purchase of Musical.ly, the app that eventually became TikTok, citing national security concerns. TikTok's US employees are preparing to sue the Trump administration over fears they won't get paid if the app is banned. The President signed an executive order banning US individuals and firms from doing business with TikTok's Chinese parent company, ByteDance. Facebook said Apple refused to reduce its App Store fee for the social network's new paid feature that could help small-business owners during the pandemic. Facebook executive Fidji Simo also told Bloomberg that the social-media giant was calling Apple out so that "they can join us and end up waiving their fees." Facebook is treating India's ruling BJP favorably, allowing politicians to post content calling for Muslims to be shot without repercussions, according to a Wall Street Journal investigation. The journal found one particular Indian executive, Ankhi Das, opposed applying Facebook's hate speech rules to Hindu nationalists. Michigan is devoting a 40-mile stretch of highway to testing self-driving cars. The project marks the first time public infrastructure has been dedicated to the pursuit of developing driverless vehicles. Streaming app Quibi has boosted TV and YouTube advertising to promote its new wave of programming . The ad push comes as Quibi has been retooling its platform and approach following a rough start in April. Self-driving cars could boost margins for Uber and Lyft — and open the door to competition from Amazon and Tesla. Major tech and automotive companies like Alphabet, Amazon, and Tesla are developing automated-driving systems they plan to integrate into robotaxi services. Twitter CEO Jack Dorsey says wanting to work 20 hours a day to be like Elon Musk is 'bulls---'. Dorsey said the key is to figure out what works for you instead of reading up on what's worked for other famous founders. European club promoters created a virtual nightclub in Berlin – and turned away 40,000 people on the first night. The virtual venue boasts a 360-degree-video dance floor, with the thumping bass of a techno set and visuals that range from futuristic greenhouses to industrial tunnels filled with laser lights. New data from Socialbakers suggests that micro-influencers make up the majority of brand collaborations on Instagram.. In a growing trend in influencer marketing, many brands are hiring influencers with small but loyal followings.
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Apple, Microsoft, Facebook, Amazon, and other tech stocks rally with Nasdaq up 4.4%+ as vote counting continues across swing states (Alex Wilhelm/TechCrunch)
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Source: ByteDance notified US authorities and potential bidders for TikTok US operations that it will not sell or transfer TikTok's recommendation algorithm (South China Morning Post)
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CIA analysts reportedly told the White House there's 'no evidence' the Chinese government has accessed TikTok data
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