In our previous blog, we reported that U.S. President Donald Trump is banning TikTok in the U.S. largely as a retaliation against China. In today’s blog, we will discuss Aquifer’s stance on censorship of user data. ,,Why is Trump banning TikTok? Trump’s administration argues it is due to “national security” concerns due to data about American users being shared with Chinese entities, with “national security” not meaning intelligence systems, rather data

,,Trump issues executive order to ban TikTok and WeChat in the U.S. There has been much disruption and confusion about Trump’s executive order to ban ,,TikTok and ,,WeChat in the U.S., both of which are Chinese-owned social networking apps. Many particular legal details are up in the air, though here is what we know for certain. Trump has indicated his executive bans against the Chinese-owned social networking apps is in retaliation against the coronavirus

It has been nearly 8 months since the novel coronavirus outbreak began in Wuhan, China, and much of the world is still plagued with catastrophe. At the time of this writing, there have been 19M+ reported cases worldwide. Some countries, such as Germany, are divided on whether or not to restrict social gatherings, and citizens are protesting whilst avoiding social distancing guidelines. Unemployment continues to be a problem, with the U.S. being particularly

,,Microsoft in Talks to Buy Tik Tok for ~$30B The popular video sharing app Tik Tok, owned by Chinese company Bytedance, was soon to be banned in the U.S. due to safety concerns over user data being sent to China. Instead, Microsoft is reported to bid on Tik Tok, with many speculating that the deal will go through. Microsoft aims to acquire the vast amount of user data to gain

Changing the world and starting your own company is often a noble and fulfilling endeavor. Founders make many personal sacrifices for a few years in hopes of creating a highly profitable company. Most startup founders think they need to raise copious amounts of VC funds to build their company. Though raising VC funds is not inherently a bad idea, startup founders could save and make more money with other methods.

,,Moderna Raises $472M USD for COVID-19 Vaccine Efforts Moderna (MRNA) stock soared to $79 upon announcing they have received $472M USD from the U.S. government to develop a coronavirus vaccine. Moderna is now in late-stage Phase 3 clinical development. Since the beginning of this year, Moderna’s stock price has increased by more than 270%. ,,Tesla Sues Rivian for Alleged Theft of Trade Secrets Last week we reported that Rivian had

Process | Prioritize Process AND Product Of course, you must understand your product and value proposition before creating your own startup. The process of how your startup impacts and enhances society is also vital to the success of your startup. WeWork, a company whose valuation fell from $47B to $2.9B in late 2019 partly due to overvaluation, flawed financial decisions, and a lack of vision and proper leadership. They were

The richest person in Asia, Mukesh Ambani, is now the world’s 6th richest person. ,,Mukesh Ambani is the CEO of Reliance Industries (RIL), India’s most profitable company. Upon receiving investments from Facebook, Silver Lake, Qualcomm, and other investors, Reliance Industries has become net debt-free (a remarkable accomplishment given the continuation of a global pandemic) and shares for RIL reached an all-time high of $1,978.80, doubling its value from March 2020. Ambani’s