4.5 • 705 Ratings
🗓️ 18 September 2020
⏱️ 11 minutes
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0:00.0 | Hi, I'm Dan Pramak, and welcome to Axios Recap, presented by Bridge Bank. Today is Friday, September 18th. |
0:09.9 | Movie theater popcorn sales are way down, microwave popcorn sales are way up, and we're focused on the fate of TikTok. |
0:21.7 | President Trump now has until Sunday to decide whether or not to ban TikTok or allow it to |
0:27.5 | keep operating under a tech partnership with Oracle. |
0:31.0 | Trump did hold a press conference this afternoon where we were expecting a decision, |
0:35.2 | but we didn't get one. |
0:36.9 | Hanging in the balance here are hundreds of |
0:39.0 | U.S. jobs and the social media diet of around 100 million Americans, plus the livelihoods of so-called |
0:46.1 | TikTok creators. So what happens next? Well, first, expect TikTok to ask for an emergency |
0:52.3 | restraining order, probably today because courts aren't open |
0:55.6 | on the weekend. If TikTok loses, we learned this morning from the Commerce Department that there |
1:01.2 | will be no new downloads of TikTok allowed in the U.S. beginning Sunday, with the service to stop |
1:06.8 | altogether on November 12th, which if you've got a calendar is about a week and a half after the |
1:11.7 | election. In the interim, TikTok would not be allowed to push forward any software updates, |
1:17.9 | something that would stop it from potentially introducing malicious code, but also something |
1:22.6 | that would stop it from fixing security holes. It's also possible, by the way, that |
1:26.6 | ByteDance and Beijing could reconsider |
1:29.3 | their decision to stop negotiating an outright sale of TikTok, either to Oracle or Microsoft |
1:34.6 | or someone else, but that doesn't seem likely. While we wait, we wanted to speak with New York |
1:40.0 | Times tech reporter Taylor Lorenz about how this political saga has played inside of TikTok's |
1:45.5 | vibrant user and creator community. That conversation, which we taped shortly before |
1:50.4 | Trump's presser in 15 seconds. We're joined now by Taylor Lorenz tech reporter at the New York |
... |
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