President Trump, who said Friday night that he'll ban TikTok, may allow Microsoft to buy the app's U.S. operations if there's "complete separation" from the original Beijing-based company, Republican sources tell Axios.
What's new: Conversations with Republicans over the weekend suggest a possible blueprint for making the proposed Microsoft deal palatable to the White House.
The high-profile Facebook ad boycotts that began in June and ramped up in July, pressuring the social network to act more forcefully against hate speech, have so far not put much of a dent in Facebook's top or bottom lines.
Driving the news: Facebook beat Wall Street revenue expectations for the second quarter, and it said that the growth of its ad business during the first three weeks in July was roughly the same as it was last year during the same timespan.
The coronavirus pandemic has communities returning to the library, KQED reports.
The big picture: Beyond offering books, "School libraries have become tech hubs for educators teaching from home, while public libraries have worked to expand access to the internet," KQED writes.
President Trump "has a deal on his desk," whereby Microsoft would lead an acquisition of 100% of the U.S. operations of TikTok, according to a source familiar with the negotiations.
Why it matters: Trump Friday night said he plans to ban TikTok, as India has done, over concerns that the app could be sharing U.S. user data with the Chinese government.
Instagram is in the midst of a transformation — what was once the place to share photos of food and social outings is quickly becoming a hub for information and advocacy.
Why it matters: Text, infographics and topical illustrations are exploding on Instagram as the pandemic and racial justice movement brought purpose and focus to its millions of users, supercharging the urgency to get educated and share useful information.
President Trump said Friday that he plans to ban Chinese video app TikTok as soon as Saturday, via either executive order or emergency economic powers, according to White House press pool comments.
Why it matters: TikTok has been caught in the crossfires of the United States' escalating tensions with China.
