Techmeme
August 2, 2020, 1:20 AM

Top News

Echo Wang / Reuters:
Sources: ByteDance has agreed to divest US operations of TikTok under a proposed new deal with the White House that would see Microsoft take over TikTok in US  —  NEW YORK (Reuters) - China's ByteDance has agreed to divest the U.S. operations of TikTok completely in a bid to save a deal with the White House …
Wall Street Journal:
Sources: Microsoft, which was in advanced talks to buy the US operations of TikTok, has paused negotiations after Trump said on Friday that he opposes the deal  —  Talks aren't believed to be dead, but the companies are trying to get clarity on White House's stance
Aaron Tilley / Wall Street Journal:
Acquiring TikTok would be a big bet for Microsoft in the consumer social media space that could bring content moderation and other regulatory risks  —  Consumer products have been a minefield for the software giant even as Xbox has succeeded  —  For Microsoft MSFT .54% Corp. Chief Executive …
CNBC:
President Trump told reporters on Friday that he will act soon to ban TikTok in the United States  —  - President Donald Trump on Friday told reporters he will act soon to ban Chinese-owned video app TikTok from the United States.  — Trump did not specify whether he will act through an executive order …
More: NBC News, Bloomberg, MacRumors, Bloomberg, The Verge, Gizmodo, Constine's Moving …, NBC News, Washington Post, Pocketnow, Los Angeles Times, 9to5Google, Reuters, Techdirt, PBS NewsHour, Social Media Today, The Daily Dot, Slate, The Hill, CNN, Digital Trends, BBC, BuzzFeed News, AppleInsider, TechCrunch, Variety, TechRadar, Fossbytes, Associated Press, Axios, Pocket-lint, Public Pool, Fortune, Business Insider, news.com.au, CBS News, Gizmodo, Bloomberg, Engadget, and Ubergizmo
Michael Schuman / The Atlantic:
Ryan Hughes / WFLA-TV:
A Florida state attorney files 30 felony charges against a 17-year old who was arrested in Tampa in connection with the July 15 Twitter hack  —  TAMPA, Fla. (WFLA) - A Tampa teenager is in jail, accused of being the “mastermind” behind a hack on the social media website Twitter …
Joseph Cox / VICE:
Charlie Osborne / ZDNet:
IBM report: in 2020, the average data breach costs companies $3.86M to remedy, up 1.5% YoY; “mega” breaches involving 50M+ consumer records can cost up to $392M  —  When consumer PII is involved, the cost increases.  —  The average cost of a “mega” data breach has risen astronomically …

Sponsor Posts

Google:
Try Gemini 3 Pro  —  Google's newest and most intelligent AI model that helps you bring any idea to life
Shopify:
Shopify's new AI commerce stack  —  Their VP of Product digs into just-launched products to help entrepreneurs and developers build with the latest AI and tech.
Zoho:
Connecting, collaborating, and growing: Zoho Mail 2025 wrap-up  —  Your inbox has been home to a lot this year—quick updates, long threads, approvals, reminders, and the occasional late-night draft you weren't sure about.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

BG2 Pod:
AI Enterprise - Databricks & Glean
Open-source podcast on all things tech, markets, investing, and capitalism, hosted by Brad Gerstner.
Subscribe to BG2 Pod.
Great Chat:
The stories we told ourselves in 2025
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
Grit:
How Brands Stay Visible When AI Decides | Profound CEO James Cadwallader
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
Lenny's Podcast:
The coming AI security crisis (and what to do about it) | Sander Schulhoff
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Big Technology Podcast:
OpenAI's Potential, Google's Speedy Model, Copilot Hits Turbulence
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Tools and Weapons with Brad Smith:
Ted Sarandos: Netflix and how tech changed storytelling
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 1:20 AM ET, August 2, 2020.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Earlier Picks

Kevin Collier / NBC News:
Mary Jo Foley / ZDNet:
Jessica Bursztynsky / CNBC:
Sarah Perez / TechCrunch: