TikTok owner discussing China IPO - sources

After India, will US ban Tiktok?: Watch Donald Trump's response

US President Donald Trump has said that his government is looking at banning Chinese video-sharing application Tiktok. When asked a question on the issue, the US President said they are looking into the issue and are thinking about making a decision. This comes after Treasury Secretary Steve Mnuchin said that the US government was carrying out a national security review on TikTok and that his department would advise Trump what, if any, needs to be taken against it. Earlier in the month, US Secretary of State Mike Pompeo said that the Trump administration was considering a ban on access to the TikTok application over privacy concerns. Meanwhile, Beijing has accused the US of using government mechanisms to pressure Chinese companies. Tiktok has claimed that user data is safe and not shared with Chinese authorities. This comes after India earlier banned the video-sharing app and several others over privacy concerns. The US had lauded India's decision and said that the move will protect India's integrity and national security. Watch the full video for all the details.

TikTok Starting $200 Million Fund For Top Creators

TikTok Starting $200 Million Fund For Top Creators

Instagram Is Launching a TikTok Rival Next Month

The social media app is looking to challenge the video-sharing platform with its own "Reels" feature.

Amazon Tells Workers To Uninstall TikTok App, Pronto

Amazon employees have been told to remove the short-video app TikTok from their devices immediately. According to CNN, TikTok is owned by the world's most valuable startup, a Chinese company named ByteDance. But TikTok does not operate in China and functions as an independent subsidiary. Its servers are based in the US and not subject to Chinese laws. However, other organizations have moved to ban TikTok.

Explained: The India-China spat, TikTok derailed

A historic conflict between India and China has derailed a $1 billion India expansion plan of TikTok’s owner ByteDance. Megan Revell explains what you need to know about the spat between the nuclear-armed neighbors.

China-UK relations suffer over Hong Kong and Huawei

China also accuses the UK of interfering in Chinese internal affairs.

Hong Kong delays election by a year

Hong Kong leader Carrie Lam on Friday postponed a Sept. 6 election for the city's legislature for a year because of a spike in novel coronavirus cases, dealing a blow to the pro-democracy opposition hoping to make gains in the vote. Soraya Ali reports.

Equities on downward swing, Reliance cracks by 1.8 pc

Equity benchmark indices closed marginally lower on Friday in line with Asian peers following a record contraction in economic data from the United States. The BSE SandP Sensex was down by 129 points or 0.34 per cent at 37,607 while the Nifty 50 slipped by 29 points or 0.26 per cent at 11,073. Sectoral indices at the National Stock Exchange were mixed with Nifty pharma gaining by 3.5 per cent and PSU bank by 1.4 per cent. But Nifty financial service, private bank and auto were in the red. Among stocks, Reliance Industries lost by 1.84 per cent to Rs 2,070 per share on profit-booking, a day after it reported over 30 per cent jump in Q1 net profit at Rs 13,248 crore. Eicher Motors slipped by 2.7 per cent, Bajaj Auto by 1.6 per cent and Hero MotoCorp by 1.2 per cent. HDFC Bank, HDFC and HDFC Life lost by 1.6 per cent, 1.3 per cent and 1.2 per cent respectively. The other prominent losers were Kotak Mahindra Bank, Wipro and Asian Paints. However, Sun Pharma moved up 5.4 per cent to close at Rs 537.80 per share while Cipla witnessed a gain of Rs 5.1 per cent. JSW Steel, State Bank of India, Axis Bank, HCL Technologies and Tata Motors too traded in the green. Meanwhile, Asian shares slid as abysmal economic data from the United States and rising global COVID-19 cases weighed on sentiment. US GDP collapsed at a 32.9 per cent annualised rate in the second quarter, the deepest decline on record, while jobless claims rose last week. Japan's Nikkei dropped by 2.82 per cent, Hong Kong's Hang Seng by 0.47 per cent and Seoul's Kospi by 0.78 per cent.

Hong Kong bars 12 opposition candidates from legislative election

Hong Kong government warns more nominees could face similar decision as the disqualified 12, including Joshua Wong.

Hong Kong Disneyland reopens after five months

Spirits were high and face masks were on as the gates opened, and staff welcomed visitors back to Hong Kong Disneyland on Thursday after a nearly five-month closure. Gloria Tso reports.

Beijing residents fear Wuhan-style lockdown if cases continue to rise

Concerns are growing in Beijing about a rise in coronavirus cases in the city that could lead to a possible Wuhan-style lockdown. Joe Davies reports.

Hong Kong's Disneyland set to reopen this week

The Magic Kingdom is set to reopen its gates in Hong Kong nearly five months after it was closed due to the coronavirus pandemic. Fred Katayama reports.

Alli handed one-match suspension by FA over coronavirus prank

Dele Alli will miss Tottenham's Premier League restart against Manchester United, having been found guilty of misconduct after mocking the coronavirus outbreak.

Local doctor says mask mandates helped stabilize COVID-19 increase, but fears another spike

This past weekend, Florida surpassed New York to become the state with the second-highest number of COVID-19 cases sooner than expected. Story: https://bit.ly/3fcsvVT

Fire hydrants helping New Yorkers keep cool amid high temperatures

New York City has opened up hundreds of fire hydrants to help locals cope with hot temperatures. View on euronews

Benedict Cumberbatch surprised comic book store fans in Doctor Strange costume

Filmmaker Scott Derrickson has thrilled Twitter fans by sharing previously-unseen footage of his Doctor Strange star Benedict Cumberbatch paying an impromptu visit to a New York comic book store - in full costume.