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Daily Crunch: Trump bans transactions with ByteDance and Tencent

Trump escalates his campaign against Chinese tech companies, Facebook extends work from home until the middle of 2021 and Netflix adds support for Hindi. Here’s your Daily Crunch for August 7, 2020.
The big story: Trump signs orders banning US business with TikTok owner ByteDance and Tencent’s WeChat
Both orders will take effect in 45 days, but its specific impact is unclear since Secretary of Commerce Wilbur Ross will apparently not identify what transactions are covered until then.
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