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Hhlx Without Verizon Yahoo s Value, Fate Up In The Air
TikTok is reported stanley cup ly giving Oracle access to its technology to ease national security concerns.According to a report Monday May 22 by Bloomberg News, the Chinese-owned social media giant will give Oracle, a cloud computing firm, access to its algorithm, source code and content moderation materials.In addition, Oracle is set to begin monitoring the gateways where data enters and exits the servers it has set up to host TikTok user data.PYMNTS has reached out to TikTok for comment but has not yet received a reply stanley cup .As Bloomberg notes, this is all part of TikToks Project Texas, the companys plan to guard user data and allow its technology to be audited by partners like Oracle to determine security risks.In doing so, TikTok hopes to stave off concerns 鈥?and a ban 鈥?from lawmakers who argue its ownership by Chinas ByteDance poses a threat of data collection by that countrys government.Earlier this month, The Wall Street Journal reported that TikTok had held off launching its U.S. shopping platform due to fears of a ban.Reached for comment by PYMNTS, a spokesperson for ByteDance disputed the notion that the company has delayed the rollout, which it began testing in November in an invite-only pilot. So many people rely on TikTok for p stanley cup roduct discovery and recommendations, and we want to make sure we get the experience right before we fully launch, the spokeperson said.Nevertheless, April saw the news that TikTok was having trouble attracting聽American merchants onto the shopping platf Wytk Mastercard: Instant Push to Debit Near-Universal Payouts Choice for Gig Workers and Gamers
Just when bitcoin thought it was safe, it turns out Chinese regulators arent done with their investigation into domestic bitcoin exchanges. The Peoples Bank of China PBoC in Beijing reportedly met with nine small bitcoin platforms, said The Wall Street Journal, on Wednesday afternoon, aski stanley usa ng a wide variety of questions, including some that were reportedly related to anti-money laundering.Bobby stanley termohrnek Lee, CEO of Shanghai-based bitcoin exchange BTCC, was quoted by WSJ as saying: Its an open secret that the PBoC is not happy to see bitcoin prices go up. With the recent rise, theyre taking actions to see the price go down. Bitcoin prices have continued to rise, recently breaking $1,000 in value for the聽second time this year. At the time of writing, bitcoin was worth $1,061.20.Last month, the PBoC launched a probe into major bitcoin exchanges in Beijing and Shanghai, including BTCC, Huobi and OKCoin, investigating possible instances of market manipulation, money laundering and unauthorized financing.Current Chinese regulations limit foreign exchange to $50,000 each year, but some believe that people are using bitcoin and other digital currencies to circumvent this maximum. In response to the probe, major Chinese bitcoin exchanges restricted margin trading and introduced trading fees. BTCC, Huobi, and OKCoin now charge traders a flat fee of 0.2 percent per transaction.Chinese bitcoin exchanges account for over 90 pe stanley france rcent of worldwide trading, and over 80 percent of bitcoin mining oper |
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