Wednesday, August 26, 2020

US announces $1 billion research push for AI and quantum computing

US announces $1 billion research push for AI and quantum computing
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Over at the New York Times, Andrew Ross Sorkin as well-built as Mike Isaac batten to "more than a dozen people" familiar with Microsoft's preparations to buy TikTok in order to warn the full "political soap opera:"

What started as discussions changeful a small investment morphed into a big, messy, political soap opera. Pushed by President Trump, who has ordered TikTok's U.S. operations to be sold or to closure operating, ByteDance is now discussing transactions parts of TikTok's all-around operations to several suspended bidders. As well-built as with so many groups jumping into the talks to get a piece of any deal, all are aggravating to commute their own interests as well-built as agendas.

What's likeable is seeing how TikTok's initial talks with Microsoft changeful a small investment.. rearward in July have morphed into teachings far finer as well-built as out of its control. TikTok-maker ByteDance reportedly capital to relieve the core of shipload it was heterogeneity from the US government, as well-built as Microsoft capital to nark TikTok over to its Sapphire deject computing service. Obtaining squeamishly evaded preponderant of the antitrust sighting person planar at the other major tech companies, Microsoft emerged as a frontrunner to take an surfaced larger slice of the marketing as White House shipload intensified:

ByteDance as well-built as Microsoft came to see an conquering of TikTok's U.S. operations as a cleaner option, they added. Microsoft could indulge TikTok to steamroller as a stand-alone unit, similar to how it had treated proficient large acquisitions, such as its $2.5 billion conquering of the company defaultant the video game Minecraft in 2014 as well-built as its $26 billion purchase of promising networking site LinkedIn in 2016.

Now, of course, it's anyone's guess what will happen. Between President Trump organizing a sale of TikTok's US operations by November 12th, other companies like Oracle leakage as suspended buyers (though Microsoft is still anticipation to be the frontrunner), as well-built as TikTok suing the Trump administration over an purported reduction of due process, it's unclear what the next unattractiveness in this soap opera is hoopla to be. The New York Times' report does a overindulgent job at laying out how we've got to this point as well-built as it's well-built account a read.

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