• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

OpenAI says its AI models secretly broke out of a secure test environment and hacked into AI company Hugging Face in order to cheat on an evaluation

2

Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

3

Mathematicians grapple with a ‘very rapid and very unsettling change’ as AI cracks yet another century-old problem

1

OpenAI says its AI models secretly broke out of a secure test environment and hacked into AI company Hugging Face in order to cheat on an evaluation

2

Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

3

Mathematicians grapple with a ‘very rapid and very unsettling change’ as AI cracks yet another century-old problem
NewslettersData Sheet

Why Barack Obama would be taking down TikTok, too

By
Aaron Pressman
Aaron Pressman
Down Arrow Button Icon
By
Aaron Pressman
Aaron Pressman
Down Arrow Button Icon
August 21, 2020, 9:54 AM ET
Add Fortune on Google for similar content.

This is the web version of Data Sheet, Fortune’s daily newsletter on the top tech news. To get it delivered daily to your in-box, sign up here.

In an alternate universe where Barack Obama was President, we would still be talking about banning TikTok—or at least freeing it from Chinese owner ByteDance’s control. One of the minor tragedies of the current President is that even when he faces problems that needs facing, his approach is so confused and, at times, unhinged that it overshadows the real issues.

Exhibit A: Trump didn’t seem to care a whit about TikTok until after the video service started making headlines for helping spread the word about an anti-Trump prank (when thousands of teens claimed they falsely reserved tickets for the president’s Tulsa rally). That happened in late June and by early July, secretary of state Mike Pompeo and then Trump himself were suddenly all over the dangers of TikTok.

But set aside the self-centered attention span and dig a little deeper. Many politicians in Washington from both parties have been sounding the alarm about Chinese control of U.S. mobile apps and services in general, and TikTok in particular, for several years. The very mechanism that Trump is now using to reverse ByteDance’s 2018 acquisition of the app, a national security review by the Committee on Foreign Investment in the United States, got a huge upgrade from Congress not long ago to better address this very sort of situation.

And let’s be clear, this very sort of situation needs addressing. As Columbia law professor and my favorite net neutrality advocate Tim Wu wrote in an op-ed this week, China’s use of the Internet to censor and spread propaganda while banning foreign apps and services requires democratic countries to move against Chinese internet offerings now. “The asymmetry is unfair and ought no longer be tolerated,” Wu wrote.

Unfortunately, based on Trump’s rhetoric, it sounds like the government’s forced sale of TikTok is one of those questionably legal moves like messing with the census or opening the country’s entire coastline to oil drilling. That’s not the case, as ByteDance will find out in court if they challenge the process. Presidents have been blocking and undoing mergers for years through the long-established and carefully proscribed CFIUS process. President G.W. Bush undid the completed sale of an aircraft parts maker to a Chinese company in 1990. Obama banned the sale of a semiconductor firm to a Chinese-owned company and blocked the sale of a wind farm near a Navy base to Chinese investors. The Trump administration earlier, without comment from the president, forced Beijing Kunlun Tech to sell dating app Grindr, although it got more than 90 days. And TikTok has been under investigation by CFIUS without any involvement from Trump since at least November 2019.

Still, the President has repeatedly said that the U.S. government should also get a big portion of the proceeds of any sale, because “we’re making it possible for this deal to happen.” There’s no legal basis for such a demand. And this week, Trump appeared to back Oracle, run by one of his political supporters, as the best buyer of TikTok even though there’s no plausible reason for the enterprise database giant to own an app teenagers use to watch silly videos.

The problem of China’s one-sided Internet policies and even scarier efforts requires a serious, unified global response. Maybe the next inhabitant of the White House will be more up to the task.

Aaron Pressman

@ampressman

aaron.pressman@fortune.com

NEWSWORTHY

Duck, duck, goose. Ride sharing companies avoided their day of reckoning in California. A state appeals court ruled Thursday that the law forcing Uber and Lyft to recognize their drivers as employees cannot take effect while the legal challenge is ongoing. The companies said they'd have had to shutdown in the state if the deadline took effect. In other court matters, Uber's former security chief Joseph Sullivan was charged with obstruction of justice and failing to report a felony for covering up a 2016 data breach at the company. A spokesman for Sullivan denied the charges and said the former chief is the one who identified the breach.

First chest starter pack. The Apple versus Epic battle just keeps getting more and more interesting. On Thursday, a major news publishing group that includes the New York Times and Wall Street Journal wrote to Apple asking how they could get the same deal as Amazon and pay only 15% commissions on their subscription sales on the iPhone. And Epic announced a new tournament called the the #FreeFortnite Cup with promotions and prizes related to its campaign against Apple. The top 20,000 players get a "Free Fortnite" baseball hat and some winners will get non-Apple laptops, phones, and other gear.

M dot Zuck and J dot Sim. Facebook CEO Mark Zuckerberg testified at the Federal Trade Commission, where chairman Joseph Simons is overseeing an antitrust investigation of the social network. The remote testimony was under oath, and staff from the offices of state attorneys general also probing Facebook were allowed to listen in.

The little one stops to pick up sticks. In the IPO market, we're looking at a possible record breaker, though not on a U.S. exchange. Jack Ma's online payments giant Ant Group may raise $30 billion in a debut on exchanges in Hong Kong and Shanghai. That would beat the $22 billion raised by Ma's 2014 Alibaba IPO, which included a U.S. listing on the New York Stock Exchange. I wonder if something weird is going on in U.S.-China relations?

It’s not helpful but it’s fun to think about. After lower courts ruled that President Trump cannot block critics on Twitter, the administration is appealing to the Supreme Court. "The President uses his account to speak to the public, not to give members of the public a forum to speak to him and among themselves," White House lawyers argued in a petition to SCOTUS to take the case. "Government officials can't suppress speech simply because they disagree with its message," responded Jameel Jaffer, executive director of The Knight First Amendment Institute, which sued to stop the blocking.

Triple yikes. A bug in the latest version of Adobe's Lightroom app for iPhones and iPads deleted some users photos–forever. Adobe acknowledged the problem and said they “sincerely apologize” because the lost images are “not recoverable." Did I mention triple yikes!

FOOD FOR THOUGHT

Colleges and universities are struggling to deal with the coronavirus pandemic and some have already closed. But in future years, the challenge to expensive, degree-granting institutions may come from Silicon Valley. Google has set up a new online professional certification program and senior vp Kent Walker says the company "will now treat these new career certificates as the equivalent of a four-year degree for related roles." Consultant Justin Bariso digs into the implications at Inc.

Although traditional degrees are still deemed necessary in fields like law or medicine, more and more employers have signaled that they no longer view them as a must-have--Apple, IBM, and Google, just to name a few.

So, if you're an employer or hiring manager, ask yourself:

Is it time to rewrite our own job descriptions, to eliminate the requirement of a four-year degree?
Can we take advantage of educational programs like those offered by Google and other online platforms?
Or, better yet, do we have the resources to design our own online training, to help increase our pool of qualified candidates and simultaneously provide an additional source of revenue for our business?

Remember: Nowadays, it's all about skills. Not degrees.

FOR YOUR WEEKEND READING PLEASURE

A few long reads I came across this week:

Inside NSO, Israel’s billion-dollar spyware giant (MIT Technology Review)
The world’s most notorious surveillance company says it wants to clean up its act. Go on; we’re listening.

Amazon’s Project Kuiper is More Than the Company’s Response to SpaceX (IEEE Spectrum)
Amazon Web Services and Blue Origin could mean the satellite constellation becomes part of a larger ecosystem.

A math problem stumped experts for 50 years. This grad student from Maine solved it in days (Boston Globe Magazine)
“That’s ridiculous,” Lisa Piccirillo thought when she first learned about the Conway knot problem. “We should be able to do that.”

Why is this interesting? - The Punk Edition (WITI)
My story today is about punk, and how it prepared me for Down syndrome.

IN CASE YOU MISSED IT

An F-16 pilot took on A.I. in a dogfight. Here’s who won By Aaron Pressman

COVID-19 has spurred rapid transformation in health care. Let’s make sure it stays that way By Gianrico Farrugia

Investors ride the Big Tech rally even as COVID cases and unemployment spike By Bernhard Warner

Are these big discounts enough to get you back into a movie theater? By David Z. Morris

A guide to giving gifts for postponed and shrunken weddings By Brooke Henderson

(Some of these stories require a subscription to access. Thank you for supporting our journalism.)

BEFORE YOU GO

On my family staycation, we rewatched all three seasons of Netflix's great series Stranger Things. When season 4 comes out is an open question given the pandemic-induced shutdown of Hollywood productions. But good news, Hawkins fans: creators Ross Duffer and Matt Duffer tell the Hollywood Reporter that the story will go on even longer. "Season four won't be the end," Ross says. "We know what the end is, and we know when it is." Lots more interesting tibits in the interview. Have a great weekend and go easy on the Eggo waffles.

About the Author
By Aaron Pressman
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Newsletters

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

Latest in Newsletters

Inside Flavor Flav’s unlikely effort to help female Olympians build their brands and careers
NewslettersMPW Daily
Inside Flavor Flav’s unlikely effort to help female Olympians build their brands and careers
By Ellie AustinJuly 22, 2026
6 hours ago
A woman observes stock trends on her smartphone while a computer screen displays financial graphs.
NewslettersCFO Daily
Beyond SpaceX: Why great IPOs depend on more than first-day demand
By Sheryl EstradaJuly 22, 2026
12 hours ago
Photo: Sam Altman
NewslettersMarkets
AI world stunned by OpenAI model that secretly escaped secure environment and hacked into a rival company
By Jim EdwardsJuly 22, 2026
14 hours ago
Samsung’s North America CEO says the smartphone is just an entry point to ambient AI of the home
NewslettersCEO Daily
Samsung’s North America CEO says the smartphone is just an entry point to ambient AI of the home
By Diane BradyJuly 22, 2026
16 hours ago
Hugging Face CEO Clément Delangue (center) on Capitol Hill on September 13, 2023 in Washington, D.C. (Photo: Chip Somodevilla/Getty Images)
NewslettersFortune Tech
OpenAI: Our models accidentally compromised Hugging Face
By Andrew NuscaJuly 22, 2026
16 hours ago
Google DeepMind CEO Demis Hassabis
AIEye on AI
A FINRA for AI? The idea from Google DeepMind CEO Demis Hassabis is gaining momentum. But is it any good?
By Jeremy KahnJuly 21, 2026
1 day ago

Most Popular

OpenAI says its AI models secretly broke out of a secure test environment and hacked into AI company Hugging Face in order to cheat on an evaluation
Cybersecurity
OpenAI says its AI models secretly broke out of a secure test environment and hacked into AI company Hugging Face in order to cheat on an evaluation
By Jeremy Kahn and Emily ForliniJuly 21, 2026
1 day ago
Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock
Success
Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock
By Sasha RogelbergJuly 20, 2026
2 days ago
Mathematicians grapple with a ‘very rapid and very unsettling change’ as AI cracks yet another century-old problem
AI
Mathematicians grapple with a ‘very rapid and very unsettling change’ as AI cracks yet another century-old problem
By Eva RoytburgJuly 21, 2026
1 day ago
The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind
Real Estate
The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind
By Nick LichtenbergJuly 22, 2026
8 hours ago
Despite a $156 million contract, Knicks star Jalen Brunson still calls his parents for financial advice any time he makes a big purchase
Success
Despite a $156 million contract, Knicks star Jalen Brunson still calls his parents for financial advice any time he makes a big purchase
By Emma BurleighJuly 21, 2026
1 day ago
‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion
Success
‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion
By Sydney LakeJuly 20, 2026
2 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.