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Illustration by Alex Castro / The Verge The Trump administration is apparently considering a ban on Chinese social media apps, including the popular video app TikTok. Secretary of State Mike Pompeo mentioned the possibility on July 7th , saying it was “something we’re looking at” in a Fox News interview with Laura Ingraham — and on July 31st, President Trump told reporters aboard Air Force One that he planned to personally ban the app using his own authority, instead of potentially forcing its Chinese owner to divest it . The comments could easily have been bluster. But Pompeo also compared TikTok to Huawei and ZTE, two companies that have suffered very real consequences after drawing US government ire. With tension rising between the US and China, Trump trying to ban TikTok... Continue reading… from The Verge - All Posts https://ift.tt/3efpPGi via IFTTT

Photo by Mikhail Svetlov/Getty Images Russia is aiming to have a COVID-19 vaccine approved for public use by August 10, which would make it the first approved vaccine in the world, Russian officials told CNN. Kirill Dmitriev, the head of Russia's sovereign wealth fund, compared the vaccine's quick development to Russia launching the first successful satellite in 1957, beating the US to it. "It's a Sputnik moment," he said. "Americans were surprised when they heard Sputnik's beeping. It's the same with this vaccine. Russia will have got there first." He also said that scientists had not rushed to be first, but were focused on protecting people in Russia, as cases continued to climb. As of July 29, Russia had the fourth most cases in the world, with 822,060 confirmed COVID-19 cases and 13,483 deaths, according to data from Johns Hopkins University. Visit Business Insider's homepage for more stories . Russia is gunning to have the world

Now the largest generation worldwide, Gen Z accounts for nearly 68 million people in the US alone. As Gen Zers age, financial services providers will be increasingly pressed to shift focus to the burgeoning demographic. As digital natives, Gen Zers are more receptive to influence from friends and family than traditional advertising. For marketers, strategists, and developers, understanding Gen Z's unique needs — and creating and marketing products accordingly — will be critical to reaping their value. In   Financial Services: 6 Key Attributes to Attract Gen Z , Business Insider Intelligence provides a six-point framework that highlights core traits of the demographic, which banks and payments firms can use to attract, engage, and retain Gen Zers. See the rest of the story at Business Insider See Also: OnDeck will be acquired by Enova International as it struggles amid the pandemic Visa's payments volume plummeted in its most recent quarter due to the pandemic Starling

Tolga Akmen/AFP/Getty Images; Clancy Morgan/Business Insider President Donald Trump told reporters aboard Air Force One on Friday night that he is banning the Chinese-owned social media platform TikTok from the US. "As far as TikTok is concerned we're banning them from the United States," Trump told reporters on Friday, according to a pool report from the Los Angeles Times' David Cloud. Trump asserted he had the "authority" to do so "with an executive order or that," according to Cloud's pool report. However, it's unclear whether Trump can ban the app completely. Visit Business Insider's homepage for more stories . President Donald Trump told reporters aboard Air Force One on Friday that he is banning the Chinese-owned social media platform TikTok from the US using his "presidential authority." "As far as TikTok is concerned we're banning them from the United States," Trump told reporters on Friday, accor

President Donald Trump told reporters on Air Force One that he will act as soon as Saturday to ban TikTok from the US, CNBC reported . The story is updating. from TechCrunch https://ift.tt/3fkXlvv via IFTTT

This is a preview of The Global Neobanks Report  from Business Insider Intelligence. Purchase this report. Business Insider Intelligence offers even more insights like this with our brand new Banking coverage. Subscribe today to receive industry-changing banking news and analysis to your inbox. Neobanks — digital-only banks with industry-leading capabilities that don't operate physical branches or rely on legacy back-ends — have exploded onto the global scene in recent years. Business Insider Intelligence Increased consumer interest in neobanks is stimulating competition globally, creating an increasingly competitive landscape which has driven neobanks to roll out extravagant features, like overdraft protection and sign-up incentives.  See the rest of the story at Business Insider See Also: Starling has disbursed $849 million in Bounce Back Loan Scheme relief loans Westpac is redeploying 1,000 overseas call center jobs back to Australia Revolut launched a utilities pr

John Rudoff/Getty Images The Department of Homeland Security collected and analyzed communications between Portland protesters and shared the information with other law enforcement agencies, The Washington Post reported. However, Brian Murphy, acting DHS undersecretary for the Office of Intelligence and Analysis (I & A), told the Senate Intelligence Committee in a briefing last week that office personnel did not interact with protesters, according to a letter from the committee. The DHS report included protesters' communications via the Telegram messaging app, discussing where to take the protests and how to avoid officers. It is not immediately clear how the DHS obtained access to the protesters' messages, nor what the motives were behind tracking and analyzing communications between civilians exercising rights protected by the First Amendment. Visit Business Insider's homepage for more stories . The Department of Homeland Security reportedly collected and anal

This is a preview of a research report from Business Insider Intelligence , Business Insider's premium research service. This report is exclusively available to enterprise subscribers. To learn more about getting access to this report, email Senior Account Executive Jeff Jordan at jjordan@businessinsider.com , or  check to see if your company already has access . Business Insider Intelligence Although competition in the US wireless carrier market remains fierce, the price war among the Big Four US carriers — Verizon, AT&T, T-Mobile, and Sprint — began to cool over the past year. See the rest of the story at Business Insider See Also: Photos show what golf's biggest stars looked like when their careers started Short-form video app Triller sues TikTok for patent infringement, alleging the platform is copying its editing feature Intel's 7nm roadblock presents opportunity to AMD, Samsung, and TSMC SEE ALSO:  5G in the IoT: How the next generation of wireless tec

Even the hard-charging world of early-stage startups has its share of procrastinators, lollygaggers, slow-pokes, wafflers and last-minute decision makers. If that’s your demographic, today is your lucky day. You now have an extra week (courtesy of Saint Expeditus , the patron saint of procrastinators), to score early-bird savings to Disrupt 2020 , which takes place September 14-18. Buy your pass before the new and final deadline — August 7 at 11:59 p.m. (PT) — and save up to $300 . Who says prayers (or secular entreaties) go unanswered? Your pass opens the door to five days of Disrupt — the biggest, longest TechCrunch conference ever. Drawing thousands of attendees and hundreds of innovative early-stage startups from around the world, you won’t find a better time, place or opportunity to accelerate the speed of your business. Here are four world-class reasons to attend Disrupt 2020 . World-class speakers. Hear and engage with leading voices in tech, business and investment ac

Photo by Christian Charisius/picture alliance via Getty Images In-flight Wi-Fi provider Gogo is laying off 143 people , or about 14 percent of its workforce, as people continue to avoid air travel during the COVID-19 pandemic. The company previously furloughed 600 workers and cut executive pay in April, and said Thursday that it will “continue certain furloughs and maintain the salary reductions that were previously implemented.” The cuts will come “predominantly from the Company’s Commercial Aviation business,” according to a press release issued Thursday. Gogo applied for CARES Act funding , but it’s unclear if it ever received any assistance. “Based on our current expectations of the scope and timing of a recovery in the industry and our Commercial Aviation business, reducing our workforce has... Continue reading… from The Verge - All Posts https://ift.tt/30hfgin via IFTTT

This is a preview of recent Fintech research from Business Insider Intelligence. Business Insider Intelligence offers even more fintech coverage with Fintech Pro. Subscribe today to receive industry-changing finance news and analysis to your inbox. Want more Fintech research? Here's how to get access: Sign up for  Fintech Pro , Business Insider Intelligence's expert product suite tailored for today's (and tomorrow's) decision-makers in the financial services industry, delivered to your inbox 6x a week. >> Get Started Join thousands of top companies worldwide who trust Business Insider Intelligence for their competitive research needs. >> Inquire About Our Enterprise Memberships See Also: US neobank Dave was hit with a data breach earlier this week Westpac is redeploying 1,000 overseas call center jobs back to Australia Starling has disbursed $849 million in Bounce Back Loan Scheme relief loans from Feedburner https://ift.tt/314iODm via IF