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X @Nick Szabo
Nick Szabo· 2025-12-23 06:41
RT Megatron (@Megatron_ron)BREAKING:🇨🇭🇺🇲 Switzerland REJECTS Palantir SoftwarePalantir Software Poses Devastating Risks - Netz PolitikAfter a risk assessment of the use of Palantir software in Switzerland, the US corporation was rejected, despite years of courting by authorities and the army. The Swiss consider the risks too great.The fear is that Palantir is handing over sensitive data to the US and from there to Israel. ...
Former TikTok CEO Kevin Mayer on new U.S. joint venture: I think it's a good deal
CNBC Television· 2025-12-19 14:32
Tik Tok CEO telling employees that its parent company Bite Dance has reached an agreement to create a new US joint venture that will hold the US version of the app and that will be majority owned by US investors. Kevin Meyer Meyer is the founder and co-found co-CEO of Candle Media. He's also the former CEO of Tik Tok and the former COO of Bite Dance.And CNBC's Beijing bureau chief Ununis Yun is here as well. She joins us here at the NASDAQ this morning as well. So folks, let's run through this.Um, first of ...
Former TikTok CEO Kevin Mayer on new U.S. joint venture: I think it's a good deal
Youtube· 2025-12-19 14:32
Core Viewpoint - TikTok's parent company ByteDance has reached an agreement to create a new US joint venture for the US version of the app, which will be majority owned by US investors, addressing security concerns raised by Congress [1][3]. Company Structure and Ownership - The new joint venture will have ByteDance as the single largest shareholder, with TikTok remaining 100% owned by ByteDance [6]. - The deal is structured to ensure that Chinese ownership is below the 20% threshold, with Oracle managing the algorithm and data flow, limiting access to US data only [3][6]. Regulatory Compliance - The arrangement appears to meet US security regulations, as Oracle will review the algorithm without the ability to copy or steal it, and the data used for training the algorithm will be stored and processed in the US [9][10]. - There is a lack of official Chinese government approval, but state media suggests that the deal has Beijing's approval, indicating alignment with Chinese law [5][8]. Commercial Operations - ByteDance will continue to oversee ad sales and e-commerce operations, which is expected to drive revenue and maintain the app's commercial success [11][12]. - The app's download process is anticipated to be seamless, with updates occurring in the background, minimizing user churn [12][13]. Future Considerations - The joint venture structure may complicate future mergers and acquisitions due to the diverse ownership interests involved, making alignment on a common vision challenging [15]. - The potential for ByteDance to go public in the future is noted as a possibility stemming from this joint venture arrangement [15].
TikTok avoids U.S. ban after ByteDance agrees to investor deal
Yahoo Finance· 2025-12-19 14:29
TikTok may have avoided the guillotine for now. The platform, boasting 2 billion users worldwide, will remain online in the United States after its Chinese parent, ByteDance, agreed to hand control of the app’s U.S. business to an American-led group of investors, Axios reported on Thursday night. The deal is designed to defuse Washington’s long-running national security concerns while stopping short of a full break-up. Under the proposed structure, ByteDance would reduce its ownership to just under 20% ...
TikTok agrees to sell US unit to American-led investor group: report
Fox Business· 2025-12-18 23:50
Core Points - TikTok has signed a deal to sell its U.S. operations to an American-led investor group, ending a prolonged political and legal battle regarding national security concerns [1][5] - The transaction is set to close on January 22, 2026, with Oracle, Silver Lake, and Abu Dhabi-based MGX collectively owning 45% of TikTok's U.S. operations [2] - ByteDance, TikTok's parent company, will retain less than 20% ownership, while existing shareholders and global firms will account for the remainder, with ByteDance investors holding a 35% stake [8] Regulatory Context - The deal follows the enactment of the Protecting Americans from Foreign Adversary Controlled Applications Act (PAFACA), which mandates that apps like TikTok must be divested from foreign adversarial control to operate in the U.S. [11][12] - The law took effect on January 19, 2025, after surviving a Supreme Court challenge, allowing a 90-day extension for compliance [12] Historical Background - Initially, ByteDance resisted selling TikTok, and President Trump issued multiple extensions delaying the enforcement of the law [13][14] - Trump's administration played a significant role in facilitating the deal, emphasizing the need for cooperation with China for a successful transaction [8]
TikTok reaches agreements on new US joint venture with closing set for 2026
Yahoo Finance· 2025-12-18 23:17
TikTok moved to end a yearslong political and legal battle on Thursday as CEO Shou Chew told staff the company signed agreements to form a new U.S. joint venture with American-led investors, with the transaction set to close Jan. 22, 2026. In an internal memo provided to FOX Business, CEO Shou Chew told employees the company has signed agreements with investors to create a new TikTok U.S. joint venture. He said the move will allow the platform to continue serving its more than 170 million users in the U.S. ...
EXAScaler Multi-Tenancy Demo
DDN· 2025-12-18 20:13
Welcome. Today I'll be showing how the Exosscaler data intelligence platform supports multi-tenency. Exoscaler has always had strong capabilities with regard to the networking it supports and exoscaler multi-tenency takes advantage of this by using VLANs along with X's ability to divide its data space up into secure partitions.We now have the ability to create a secure multi-tenant environment. For additional security, we've also implemented client access controls to prevent unauthorized access to a tenants ...
X @Nick Szabo
Nick Szabo· 2025-12-18 03:33
RT Arnaud Bertrand (@RnaudBertrand)Palantir replied 👇to my post on their French intelligence agency contract with, as expected, a lot of lies and gaslighting.Their main argument seems to be "there's no issue and for proof the French are so satisfied they keep renewing."This is completely false. The fact is that Palantir was always meant to be a "transitional" solution before a French alternative could be developed. That's according to the DGSI themselves as quoted in Les Échos, France's leading financial ne ...
Survey: New Yorkers Demand Businesses Prioritize the Security and Resilience of Their Data - And are Penalizing Those that Don't
Prnewswire· 2025-12-17 13:30
New study also finds that while some New Yorkers are prioritizing their own personal security practices, gaps exist that put them and the businesses they work for at risk TINTON FALLS, N.J., Dec. 17, 2025 /PRNewswire/ -- Commvault (NASDAQ: CVLT), a leader in unified resilience at enterprise scale, today announced findings of a new Commvault-commissioned survey revealing a significant paradox in the security habits and expectations of adults in New York City, the nation's most populated metropolis. The resul ...
X @Polyhedra
Polyhedra· 2025-12-17 13:00
6/As hiring, work, and collaboration move fully online, identity must be verifiable, human, and secure by design — not dependent on fragile checks and vulnerable databases.With Polyhedra i-D, you can authenticate truth without revealing yourself.Try https://t.co/FoEySuRFmh ...