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04-Sep-20 16:34:51 133.00 300,000 Buy* 399.00k O

@ 16:34 Friday.

"China came up with a new law which implies that any company like ByteDance would not be able to sell its artificial intelligence technology to a foreign partner which endangers the Walmart-Microsoft and Oracle deal," said Uzzaman. Walmart-Microsoft and Oracle are in the race to acquire TikTok's US assets.

"Triller will be a good buyer because they don't need the artificial intelligence portion of the technology. They can buy TikTok without any access to the AI engine. Triller's bid is ..

Read more at:
https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/trillers-tiktok-bid-will-exclude-india-unit/articleshow/77969884.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Triller’s TikTok bid will exclude India unit
SECTIONSTriller’s TikTok bid will exclude India unitBy

"With the ban on TikTok, Triller was one of the top video sharing apps on the app store in India. I'm sure it will keep growing organically in the country," Uzzaman added. Triller declined to comment. An email to ByteDance went unanswered till the time of going to press.

"With IP and data protection, Triller will do well organically in most of the places. But if they can tap the TikTok base it can make the growth exponential. We cannot control what is going to happen. But we believe tha ..

Read more at:
https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/trillers-tiktok-bid-will-exclude-india-unit/articleshow/77969884.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

In August, the president targeted TikTok in a series of executive orders, the first barring any US company from doing business with its Chinese parent company, ByteDance, effectively requiring a sale by September 15. The second executive order, signed on August 14, aimed to invalidate ByteDance's purchase of TikTok in 2017.

Trump Jr. joins Triller and lashes out against TikTok, claiming the app is 'something that could haunt your kids forever'

Connor Perrett
Sep 5, 2020, 4:01 PM


Donald Trump Jr. in a video posted to Triller attacked TikTok and said it might "weaponize" the data of children who use it.

Donald Trump Jr., the president's eldest son, in a video Friday targeted TikTok, which is less than two weeks away from facing a ban in the US under his father's executive order.

In a video posted to Triller, a video-sharing app that has expressed interested in purchasing TikTok, Trump Jr. claimed TikTok could be "turning on your kid's video, listening in, turning on their mic at any random time not just when they're using the app."
TikTok has repeatedly denied allegations that it provides any of its user data to the Chinese Communist Party, which in August took actions complicating its plans to sell US operations as a

"When you have an app like TikTok where the Chinese government could be turning on your kid's camera, turning on your kid's video, listening in, turning on their mic at any random time not just when they're using the app," Trump Jr. said in his first video on the platform, as first reported by NBC News.

"This goes so much further," he continued. "Having access to all your photos and contacts and emails and the spyware that's there. I mean this is something that could haunt your kids forever."

Representatives for TikTok did not immediately return Business Insider's request for comment on Saturday. The social media platform, however, has repeatedly denied allegations that it shares American's user data with Chinese officials.

https://www.google.co.uk/amp/s/www.businessinsider.com/trump-jr-joins-triller-tiktok-could-haunt-kids-forever-2020-9%3famp

Triller Says Made $20 billion Bid With Centricus For TikTok Assets
Home » Triller Says Made $20 billion Bid With Centricus For TikTok Assets
Technology
Reza Mousavi
by Reza Mousavi
7 hours ago 0 58
On Friday, Triller executive chairman Bobby Sarnevesht said that the short-video app had made a $20 billion offer with investment firm Centricus Asset Management for the assets of rival TikTok that China’s ByteDance is seeking to a divest.

According to a person familiar with the financial details who sought anonymity, the proposed $20 billion bid will be financed by Centricus, with Triller executives running TikTok should their bid prevail, It was not immediately clear, however, if Centricus, with $27 billion in assets according to its website, could muster the resources for such a bid.
Sarnevesht said in his statement that “We understand our offer is upsetting to some TikTok US executives, as it upsets a deal that may be more favorable to them and less favorable to the shareholders. They are doing everything they can to discredit our offer and keep it from being seen as real.”
Triller boasts 65 million monthly active users, versus TikTok’s 100 million in the United States. Triller sought a $1.25 billion valuation in a private fundraising round this month.
Trump, a prolific user of social media, joined Triller this month.
Sarnevesht also said that “We’ve gotten assurances from people close to the White House that this is something that the administration would favour. All we need TikTok to do is to give us their user data and the content, and the Triller platform can handle it.”
The White House did not immediately respond to a request for comment.

https://news.tunf.com/triller-says-made-20-billion-bid-with-centricus-for-tiktok-assets/004012

Triller CEO Mike Lu to talk taking on TikTok at Disrupt 2020
Lucas Matney@lucasmtny / 5:17 pm BST•September 3, 2020

Several months ago, before the world became so much more complicated, it was still crystal clear that TikTok was a force to be reckoned with and that its massive growth signaled big things for both Silicon Valley and the global tech scene. As the ByteDance-owned social media app has been drawn into a political crisis after the Trump administration made aggressive moves to force the app under new ownership, the conversation around the future of the app has grown even more intense.

As tech giants mull bids for the app, competitors in the space see room to swoop in and capture its momentum, convincing users to embrace what they’ve built. The usual suspects are pushing clones, including new features inside Snapchat and Facebook’s Reels product, but plenty of venture-backed startups are making their case as well. Perhaps the most convincing seems to be Los Angeles-based Triller, which is itching to capitalize on the uncertainty and claims that its own app has more than 65 million monthly active users.

We’re excited to share that Triller CEO Mike Lu is joining us at TechCrunch Disrupt in September to discuss his company’s ambitions and how social media is finding new ways to transform the music industry.

As TikTok’s geopolitical theater plays out, Triller is aiming to reach the throne by nabbing more outside investment. The company has been aiming to raise a round of funding valuing it at $1 billion, even as it sues ByteDance, claiming that TikTok’s app design violates patents that Triller owns. Triller’s existing backers include institutional firms like Lowercase Capital and Pegasus Tech Ventures, but also musicians like Snoop Dogg, The Weekend, Marshmello and Lil Wayne.

Hear how it all got started, and what’s next for Triller, from Lu at Disrupt 2020 on September 14-18. Get a front-row seat with your Digital Pro Pass for just $245 during our Labor Day Flash Sale or with a Digital Startup Alley Exhibitor Package. Prices increase next week, so grab your tickets today!

https://techcrunch.com/2020/09/03/triller-ceo-mike-lu-to-talk-taking-on-tiktok-at-disrupt-2020/?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAANWW7z00PQ-F-Qii9jqApCA7CTDXfFzmWwCzr8qMhr6ZbJZZ6i20aj7wUeTg5WQgi2ftU3gogLk0hw4tmb-l8C2Wiu28zalpssZExnf4cFeGfTUAzaOXbpN978FinvFwbJanbNCOqXMhul-2zJ9PidHlAAC-URYIjuFqBkbDnPcM

And yet, Triller went on the record to confirm a bid to The Verge, claiming that it made the bid directly to TikTok owner ByteDance and not to TikTok itself. Here’s a cheeky statement from Triller executive chairman Bobby Sarnevesht:

We submitted an offer directly to the chairman of bytedance through Centricus and have confirmation it was received. We didn’t make an offer to TikTok, they aren’t involved in this at all, We made an offer to Bytedance and are dealing directly with the chairman only. Either people multiple layers down aren’t aware of what is happening on the highest level or they may have their own agendas and aren’t happy about our offer coming in.

https://www.theverge.com/2020/8/28/21406094/triller-centricus-tiktok-us-business-acquisition-trump-bytedance

https://www.independent.co.uk/life-style/gadgets-and-tech/news/triller-buy-tiktok-us-microsoft-twitter-latest-a9703196.html

https://www.youtube.com/watch?v=ZYsQdr3yvOU

0:13 / 7:33

Kodal Minerals CEO says collaboration with Sinohydro is 'fantastic result' for Bougouni
97 views•1 Sep 2020

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Proactive
29.4K subscribers
Kodal Minerals PLC's (LON:KOD) Bernard Aylward speaks to Proactive's Andrew Scott after announcing a collaboration agreement with Chinese engineering firm Sinohydro to work on the company’s Bougouni lithium project in southern Mali.

The two parties have signed a memorandum of understanding (MoU) to work together to develop the project.

The disruption caused by Covid-19 means that fintech’s time has come

Natalie Ceeney

Monday August 31 2020, 12.01am, The Times
It’s not hard to find stories right now suggesting that the “fintech movement” is under threat. In common with other technology sectors, Covid-19 has placed severe stress on the financing of new financial services players, with a 39 per cent decline in year-on-year venture capital and private equity investment in fintech in the first six months of this year.

The collapse of Wirecard in Germany has sparked fears of challengers having less robust processes than incumbents. Some of the largest neo-banks are coming under increased and very public scrutiny from regulators concerned about ensuring that they have sufficient capital. And the Treasury’s use of established banks rather than financial services “challengers” as vehicles for distributing coronavirus relief has been read by some as a lack

https://www.thetimes.co.uk/article/the-disruption-caused-by-covid-19-means-that-fintechs-time-has-come-bg0rc8stj

FFS!

He knows this is undervalued big time!

5.40 into the interview.

Stormharbour completion should be announced to the market before the end of August.

https://www.proactiveinvestors.co.uk/companies/news/926373/supplyme-capital-boss-talks-big-expansion-plans-in-the-middle-east-926373.html

Current Mcap 244m

With 1.3bn monitization in September, expect Mcap to be over 1.5bn or 6p

And Supply@ME, which moved its headquarters from Italy to London in March, says it has €1.4bn (£1.3bn) of pent-up demand for its inventory monetization solution lined up for next month.

For now it is raising €400m (£360m) through institutional investors worldwide, which will enable to buy the first tranche of stock from 40 companies.

However, there are another 47 companies queued up to use its unique inventory monetization solution.

https://www.growthbusiness.co.uk/supplyme-brings-its-inventory-monetization-solution-to-uk-manufacturers-2557850/

Going places in September

Or

Next week!

Not much from 32bn

Results were dire on 20th July and factored in by the market!

Results make no difference. CFO needs the sack for results after just a month!

Sale starts tomorrow!