TikTok and US government fight it out:
The current United States government is often a barrel of depressive laughs, but one of the biggest tech things to come around recently has been Donald Trump’s decision to go after TikTok of all things. Now, this is quite a mess of a thing so let’s start by saying that the whole issue arose because TikTok is owned by the Chinese company ByteDance, and the claim is that the US government is attempting to protect US citizens from having their personal information stolen by a foreign company. It’s obviously much better for an American company, like Google, Apple or Microsoft, to steal user info.
So he decided to try and force ByteDance to sell TikTok in the United States, and he gave the company 45 days to adhere to this (thereby forcing them to prepare for in case they got shut down)! But when you’re doing really well you probably don’t want to have to sell and so ByteDance decided it wasn’t going to budge and that it was going to fight this unhinged demand from Trump. However, Trump’s supporters, like Mike Pompeo, jumped in to say that they completely support his plan to force the Chinese company to sell.
So, we’ve now got a company that doesn’t want to sell and a president who’s forcing his way into the economy to try and make it happen. He wants a United States company to buy up TikTok, and some of the biggest potential buyers to come along have been Microsoft and Oracle (although the Chinese government has stated that it wants final say on who buys it). But then Trump did something else that’s a bit of a problem: he decided that seeing as he “brokered” this deal, the United States government should get a portion of the proceeds from the purchase. Which is pretty much bribery…
He said: “A very substantial portion of that price is going to have to come into the Treasury of the United States because we’re making it possible for this deal to happen.” So that’s a bit of a problem! And it may face some legal action because it’s kind of… illegal to do that. And it even led to TikTok suing the president! On top of that, the company’s CEO even decided to resign, probably because this whole hassle just isn’t worth the effort.
Then, Trump decided he wanted to try banning Tencent, which owns WeChat, Riot Games and some of Epic Games, from trading with US companies. So the revenge began with TikTok and just spread. The ban even led to some potential issues with its place on the App Store, seeing as ads may be forced off the app.
Meanwhile, in a more sensible part of the world, the Australian government decided against pursuing action against ByteDance because it saw no reason to do so. Cool.
Apple now has a $2 trillion market cap:
Apple shares have increased by 59% in 2020, and that’s awesome in an age of intense pandemic-accelerated poverty, and that led to it popping over the $2 trillion mark for a while before dropping back down. However, it’ll likely get back up there again! This comes during some rather bad times for these big tech companies as legislators turn their eyes towards what is perceived as a few companies that have effectively enforced an oligopoly over the whole tech industry. However, that probably won’t stop those wonderful ole profits from rising, rising, rising!
Facebook blocks Bolsonaro supporters:
Facebook put a big global block on a few Bolsonaro supporters. Now, this wasn’t actually its decision but was instead forced on it by the Brazilian Supreme Court. The court declared that the Brazilian president’s supporters had violated hate speech laws while doing some fake news stuff along the way. The move will likely be seen by many as a way of stopping the spread of false information, but Facebook is fighting the decision.
According to Facebook, the block, which was initially just in Brazil but eventually switched to a global block after the Supreme Court fined Facebook, violates freedom of speech. The last few months have seen increased debate over whether social media platforms should enforce stronger restrictions on what people say, because those platforms are technically private platforms and so they do not have to allow everyone to have a platform. Regardless of the debate, Facebook doesn’t like it and wants to fight.
Google is entering the online banking space:
Google has decided to expand its online banking services. This service, which is still in its infancy but plans to release sometime in 2021 (although there are no solid plans), is called Google Pay (see what they did there, Google Play, Google Pay… oh, they’re just so funny) and it’s partnered up with a number of United States banks to lend itself more credibility.
Some of the new banks include Bank Mobile, BMO Harris, First Independence Bank and a few more. In total, there are currently eight banks involved, and Google is possibly pursuing even more banks and credit unions. However, if you want your special Google Banking app you may have to wait even longer unless you’re a United States citizen because there’s nothing for international users. Yet.
SnapChat is tackling TikTok:
SnapChat wants to take on Tiktok and it wants to do it by partnering with various music labels so that users can use licensed music without fear of copyright claims. Isn’t that nice? So, the idea is to tackle TikTok while TikTok has some trouble coming its way from the United States government. Business is business after all. Attack while the enemy is weak, and all that jazz.
This feature is launching as a test in Australia and New Zealand for now, but seeing as music licensing is quite an annoying thing to get around it may never end up going anywhere else. Or maybe it does. Who knows!? Only time will tell. But for now, it’s just in the testing phase. But it would be nice to be able to use licensed music without it getting blocked immediately.
SpaceX gets more funding:
SpaceX, which is run by a man who doesn’t have billions (sarcasm for those unaware), has secured a further $1.9 billion in funding. These kinds of funding efforts come all the time but it’s just interesting to see it from a company led by someone who made serious bank during this ongoing pandemic somehow raising even more cash for the company.
Uber and Lyft lose court case over employees:
Uber and Lyft have been trying to have their employees classified as contractors for ages, but a new ruling from the San Francisco Superior Court has stymied those efforts. The issue here is that these ride-sharing companies want their employees to be classified as “contractors” because that allows them to get around certain laws concerning employee benefits.
The court ruling states that these companies went against Assembly Bill 5 (AB5), which states that companies have to classify workers as employees if the job controls how the worker completes said job. So, unlike a contractor, drivers kind of have to complete their jobs in very specific ways.
The companies plan on appealing this because of course they are, and it appears that they are framing this as benefiting the employees rather than the companies themselves, and they’ve even claimed that they’ll have to temporarily shut down if this happens to them. But such verbal sleights of hand are rather common when legal issues emerge around the way companies conduct themselves (it didn’t work either).
Epic Games takes aim at Apple:
Epic Games has not been too pleased with the monopolistic nature of Apple’s App Store, and so after the Fortnite company decided to put direct payments in its game, which would be purchases that don’t go through Apple, the mega-popular hit got pulled from the service. Epic responded by making fun of Apple’s Nineteen Eighty-Four ad from way back when and then went a bit more serious and accused them of anti-competitive policies (which occurs in the midst of Apple’s involvement in some anti-trust troubles) and then sued the company over the whole debacle.
This has just continued to rage ever on with Google even pulling Fortnite from its Play Store (and this led Epic to eventually sue them too), then Facebook got in on the action and started to stand up to Apple and then Microsoft jumped on board to dogpile Apple too. So, the whole situation is threatening to get out of hand as companies dog pile on one another, but at least it’s rather entertaining to watch what happens from afar as the capitalists vie for supreme dominance.
After this all happened, Apple decided to pull Epic’s dev tools from the service, such as those used in the Unreal Engine, and this would effectively screw over a lot of game developers who use that engine. And so Epic has added this to the list of things it wants the court to do with Apple, but Apple has retaliated by saying Epic tried demanding “special treatment” ahead of this whole debacle. Which is something Epic Games vehemently denies. And thus far, the court has blocked Apple from harming the Unreal Engine but Fortnite is still off the store. This hasn’t stopped Apple from terminating Epic Games’ account though.
And while this has all been going on, Epic decided to do a “#FreeFortnite Cup” in Fortnite to try and weaponize the fanbase against Apple. So that’s nice and not extremely problematic at all!
ICE made a facial recognition contract:
Do you know what kind of technology has definitely never caused any controversy? Facial recognition. And do you know which American federal agency never causes controversy? ICE. Well, we’re all in for a treat because the agency in charge of tracking down illegal immigrants in the United States has teamed up with Clearview AI, a facial recognition company that takes images from all over the internet, including social media, to make its matches.
The decision comes in the midst of facial recognition becoming an increasingly taboo technology that many companies and governments want to stay away from because it’s, in the eyes of the public, rather toxic. But that hasn’t stopped America’s most beloved agency from adopting the technology. Well done!
A mask firing gun has been invented:
Possibly the greatest invention of the pandemic has come: a mask firing gun! This comes courtesy of just a regular ole YouTuber named Allen Pan. He decided to create a gun that would just fire masks at people. It’s made using an 800 PSI CO2 canister, a solenoid valve, a brake line, a spray paint grip and some magnets. This could be perfect for shooting at partisans who think masks are somehow undermining their rights.