The U.S. government plans to probe TikTok over national security concerns, sources tell CNBC.
Why it matters: The viral video-sharing app owned by Chinese tech giant ByteDance has cause concern for U.S. policymakers in recent months. As its reach grows within the U.S. — particularly among children — there's anxiety as to whether the app collects and shares data from American users with the Chinese state.
North Korea deemed its latest round of super-large multiple rocket launcher tests on Thursday afternoon a success, per state news agency KCNA, Reuters reports.
The big picture: The same weapon was tested both in August and September, as talks between the U.S. and North Korea over nuclear weapon development remain up in the air.
The latest Brexit extension takes the prospect of an economically calamitous "no deal" Brexit off the table until Jan. 31, but businesses remain in a state of very expensive limbo.
Why it matters: "It is hugely costly, in terms of money but also in terms of effort and energy. So much has been put into this process and into emergency 'no deal' planning that could have been used in other areas," says Catherine McGuinness, policy chair at the City of London Corporation.
