Sunday, 5 May 2024

Google in talks to acquire TikTok rival Firework

Selfie-takers warned not to pose along coastline as Hurricane Lorenzo hits

Trump says it was he and not Iran’s Rouhani who called off meeting

President Donald Trump is confirming that U.S. and Iranian officials discussed a possible meeting or call with Iranian President Hassan Rouhani at last week’s U.N. General Assembly, but he insists he was the one who called off the plans.

Trump tells reporters Friday that “our sides talked” but says Iran wanted sanctions relief as a condition for the meeting. He says, “I said you must be kidding.” Trump added, “Rouhani wanted a meeting at the U.N.”

Trump was responding to reports that it was the Iranian side that balked at the presidential conversation while at the U.N.

In New York last week, Rouhani urged the United States to cease its “policy of maximum pressure” on his nation, saying it was driving the possibility of negotiations even further away.

Read on: Iran sought to hack a 2020 presidential campaign in U.S., Microsoft says

Oyster Point Pharma looks to raise up to $85 million in IPO

Oyster Point Pharma Inc. OYST, +0.00% said late Friday it plans to launch an initial public offering, according to a filing with the Securities and Exchange Commission. The Princeton, N.J.-based biotech eye drug developer plans to raise up to $85 million in the offering, although initial amounts are often used as a placeholder and are updated in later filings. The company plans to use proceeds from the offering to complete enrollment in late-stage clinical trials for its dry-eye treatments. Oyster Point plans to list under the ticker "OYST" on the Nasdaq. J.P. Morgan, Cowen and Piper Jaffray are listed as underwriters. Oyster Point has yet to report revenue but posted a loss of $16.5 million in 2018 and a loss of $19.1 million in 2017.

House Oversight Committee subpoenas White House in impeachment inquiry

Fox News Flash top headlines for Oct. 4

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The Democratic chairmen of three House committees subpoenaed the White House late Friday, saying that President Trump "has chosen the path of defiance, obstruction, and cover-up" in response to the ongoing impeachment inquiry related to his conduct on a phone call with the president of Ukraine.

In a letter to acting White House Chief of Staff Mick Mulvaney, Oversight Committee Chairman Elijah Cummings, D-Md., Intelligence Committee Chairman Adam Schiff, D-Calif., and Foreign Affairs Committee Chairman Eliot Engel, D-N.Y., gave the White House until Oct. 18 to produce

This is a developing story, check back for more updates.

Watch Cookie Monster spell out the Trump impeachment inquiry

That’s the way political discourse crumbles.

Earlier this week, President Trump responded to House Speaker Nancy Pelosi launching an impeachment inquiry over his phone call with the president of Ukraine by saying that she “hands out subpoenas like they’re cookies.”

So “The Late Show with Stephen Colbert” ran with that sweet metaphor by repurposing old “Sesame Street” footage of Cookie Monster singing “C is for Cookie” to have the Muppet spell out the political controversy in the parody song, “S is for Subpoena.”

Here are the lyrics:

S is for subpoena, Schiff wants your testimony.

U is for Ukraine, do a favor for me.

B is for … what is “B” doing in this word?

P is for Pompeo and the phone call that he heard.

O is for Oh God, high crimes and misdemeanors.

E is for Eric, he can’t spell “subpoenas.”

N is for Nixon, we’ve seen this all before.

A is for get your big a— out the door.

Subpoena!

Watch Cookie Monster spell “subpoena” here:

Apple announces free repair program for some iPhone 6s devices that might not turn on

  • Apple announced a service repair program on Friday for some iPhone 6s and iPhone 6s Plus devices.
  • Affected phones were manufactured between October 2018 to August 2019.
  • The problem is that sometimes the phones don't turn on.

Apple announced a service repair program on Friday for some iPhone 6s and iPhone 6s Plus devices to fix a problem that might prevent owners from being able to turn them on. No other iPhones are covered by the program, Apple said in its notice.

If your phone is eligible, Apple or one of Apple's authorized repair shops will repair it free of charge.

"Apple has determined that certain iPhone 6s and iPhone 6s Plus devices may not power on due to a component that may fail," Apple said in the notice. "This issue only affects devices within a limited serial number range that were manufactured between October 2018 to August 2019."

The iPhone 6s was introduced in 2015 and was the second iPhone model to come in two sizes. It's also the last new iPhone model with a headphone jack. Although Apple stopped selling the iPhone 6S in late 2018, retailers still sold the device.

You can check your iPhone's serial number at Apple's website.

Follow @CNBCtech on Twitter for the latest tech industry news.

Google in talks to acquire TikTok rival Firework

Google is in talks to acquire Firework — a free smartphone app that lets users share short videos — as it seeks to make inroads into the social-mobile market that’s dominated by Chinese giant TikTok.

Firework, based in Redwood City, Calif., was valued at more than $100 million in a fundraising round earlier this year, although Google and Firework haven’t yet discussed pricing, according to The Wall Street Journal.

Weibo, China’s version of Twitter, has also expressed interested in Firework but talks with Google are further along, the people told the Journal.

Google has had amazing success with YouTube, which it acquired in 2006 for $1.65 billion and grew into the world biggest online video destination with two billion monthly users.

But short videos shot and shared on mobile phones are becoming the new normal. YouTube executives are said to be involved in discussions over the potential Firework deal, and Google is exploring other acquisitions in the space as well.

Firework was launched last year by former executives from Snap, LinkedIn and JPMorgan Chase & Co. Earlier this year raised around $30 million from venture-capital firms including IDG Capital, GSR Venture and Lightspeed Venture Partners China, the WSJ said.

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