TikTok deal moves forward & the costs of natural disasters
After the threat of an outright ban, the United States has allowed a deal to be struck between Chinese tech company ByteDance and US vendors Oracle and Walmart to allow TikTok to continue operations in the country. We dive into the twists and turns of the ongoing social media saga and explore what the terms of the deal will reflect. Plus, after being the original favorite in the race for TikTok’s US operations, Microsoft has swooped into another tech sector for an acquisition. And 2020 continues its streak of monumental events as natural disasters are slamming the United States at a near-record pace. We bring you up to speed on the continuing catastrophes and their economic ramifications.
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