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Donald Trump, the 'Professional at Technology,' Is Now on TikTok Rival Triller – Gizmodo

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President Donald Trump got a verified account on Triller, one of TikTok’s rivals, this weekend.
Photo: Jim Watson (AFP (Getty Images)

In case we needed further proof that President Donald Trump really does not like TikTok, here’s the latest: Trump and his team have created a verified account on TikTok rival Triller, and are apparently trying to figure out how video-sharing apps work.

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It appears that Trump’s account was created on Saturday, one day after Trump extended the deadline for Bytedance, TikTok’s Chinese owner, to sell its U.S. business from 45 to 90 days. As of Sunday, Trump’s Triller had about 9,600 followers on Triller and four videos. The account states that it is “brought to you by Team Trump,” which seems to suggest that the president himself is not uploading videos to Triller.

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Honestly, I’m not sure if he could do it any better. The videos are just plain bad and confusing, very far from the joy and entertainment generated by content on TikTok, at least in my humble opinion.

Let’s take the first video, for instance. For some strange reason, the slickly produced video opens with Trump saying, “I’m a professional at technology,” and finishes with, “Nobody can do it like me. Nobody.” It also encourages people to follow the president’s account. I mean, I guess that Trump’s team apparently wanted to convey that the president understands technology and that no one can do technology like he can. But I had to watch the video a few times to get to that conclusion.

The other three videos aren’t much better, and are not nearly as well produced. In one of them, Trump attacks presumptive Democratic presidential nominee Joe Biden and accuses him of not having a clue (which, let’s be honest, is pretty normal Trump.) There is also a misleading video of Biden in which he appears to say, “I’m going to beat Joe Biden. Look at my record.” Nonetheless, Biden never said this, but in fact said, “I’m going to be Joe Biden,” per PolitiFact. This can be confirmed by analyzing the context of the video.

In another video, Trump says that he really appreciates the “boaters for Trump,” the groups of his supporters that regularly hold boat parades to show their support for him. He adds that if he had time, he would get on one of the boats to join them.

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Now, all of that said, is it really surprising that Trump’s Triller videos make little sense? Not really. This is the same person that confuses and intentionally misleads people with what he says on Twitter and in person, after all.

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Triller, which launched before TikTok, has surged in popularity since Trump began talking about banning TikTok. The president eventually signed an executive order that will ban the app if Bytedance doesn’t sell its U.S. operations before the deadline. The White House has repeatedly suggested that TikTok could be leaking U.S. user data to the Chinese government, an allegation TikTok strongly denies.

That’s not the only rival for TikTok on the horizon, though. Instagram is also looking to steal users from TikTok, launching Reels in its app at the beginning of August. Let the video-sharing app games begin, I guess. Trump’s Triller videos received more than five million views this weekend.

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Tech stocks lift Wall Street as economic rebound slows – Reuters

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(Reuters) – Wall Street climbed in choppy trading on Thursday, with investors returning to the perceived safety of technology-related stocks as a surprise rise in weekly jobless claims signaled a slowdown in economic growth.

FILE PHOTO: A worker cleans the floor of the New York Stock Exchange (NYSE) , U.S., March 20, 2020. REUTERS/Lucas Jackson/File Photo

Nine of the 11 major S&P indexes were trading higher, with information technology leading gains.

Apple Inc, Amazon.com Inc, Netflix Inc, Nvidia Corp and Facebook Inc, which have outperformed at a time of increased economic uncertainty, rose between 0.5% and 2.7%.

“Investors are going to be needing stocks that can weather a lower growth path because if we don’t get another round of fiscal stimulus, there’s not going to be a lot more we can do to continue boosting the economic recovery,” said Max Gokhman, capital markets strategist at Pacific Life Fund Advisors.

Waning hopes of more fiscal stimulus, signs of a faltering business recovery and a sell-off in technology-related names have weighed on U.S. stocks this month.

The S&P 500 briefly fell 10% below its intraday record high hit on Sept. 2. If the benchmark index closes at that level, it will enter correction territory.

Dow constituents, considered a barometer of economic confidence, lagged the S&P 500 on Thursday as data showed 870,000 Americans applied for jobless benefits in the week ended Sept. 19, up from 866,000 in the previous week.

Job cuts have spread to industries such as financial services and technology that were not initially impacted by the mandated business closures in mid-March because of insufficient demand.

At 12:32 p.m. ET, the Dow Jones Industrial Average was up 0.39%, the S&P 500 was up 0.54% and the Nasdaq Composite was up 0.81%.

The CBOE volatility index, which is hovering near two-week highs, is expected to climb in the run up to the quarter end next week.

“The key is the VIX index, which has not yet reached levels that would suggest a continued strong move to the downside,” said Peter Cardillo, chief market economist at Spartan Capital Securities in New York.

“So you might get a day of bargain hunting followed by a day of selling, but as the last days of September come into place, we should begin to see some sort of window dressing by institutions.”

Homebuilders climbed 0.8% as sales of new single-family homes increased to their highest level in nearly 14 years last month.

Nikola Corp, which is set for its biggest weekly decline ever, shed another 4.3% as Wedbush downgraded the stock to “underperform”.

Accenture Plc fell 6.4% after the IT consulting firm forecast current-quarter revenue below expectations, while, U.S.-listed shares of Canadian security software firm BlackBerry Ltd jumped 5% after it posted a surprise rise in quarterly revenue.

Declining issues nearly matched advancers on the NYSE and the Nasdaq.

The S&P index recorded no new 52-week highs and two new lows, while the Nasdaq recorded seven new highs and 116 new lows.

Reporting by Sagarika Jaisinghani and Devik Jain in Bengaluru; Editing by Arun Koyyur

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Wall Street opens lower as jobless claims rise – Reuters

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Sept 24 (Reuters) – Wall Street opened lower on Thursday as a surprise increase in weekly jobless claims signaled that a labor market recovery was cooling and that more fiscal support would be necessary to avoid another round of mass layoffs and furloughs.

The Dow Jones Industrial Average fell 47.04 points, or 0.18%, at the open to 26,716.09. The S&P 500 opened lower by 10.78 points, or 0.33%, at 3,226.14, while the Nasdaq Composite dropped 81.97 points, or 0.77%, to 10,551.02 at the opening bell. (Reporting by Devik Jain in Bengaluru; Editing by Maju Samuel)

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US STOCKS-Tech stocks lift Wall Street as economic rebound slows – Reuters

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(For a live blog on the U.S. stock market, click or type LIVE/ in a news window.)

* Weekly jobless claims unexpectedly rise to 870,000

* Nikola slides after Wedbush downgrade

* Accenture drops, BlackBerry rises on quarterly earnings

* Indexes up: Dow 0.39%, S&P 0.54%, Nasdaq 0.81% (Updates to early afternoon)

Sept 24 (Reuters) – Wall Street climbed in choppy trading on Thursday, with investors returning to the perceived safety of technology-related stocks as a surprise rise in weekly jobless claims signaled a slowdown in economic growth.

Nine of the 11 major S&P indexes were trading higher, with information technology leading gains.

Apple Inc, Amazon.com Inc, Netflix Inc , Nvidia Corp and Facebook Inc, which have outperformed at a time of increased economic uncertainty, rose between 0.5% and 2.7%.

“Investors are going to be needing stocks that can weather a lower growth path because if we don’t get another round of fiscal stimulus, there’s not going to be a lot more we can do to continue boosting the economic recovery,” said Max Gokhman, capital markets strategist at Pacific Life Fund Advisors.

Waning hopes of more fiscal stimulus, signs of a faltering business recovery and a sell-off in technology-related names have weighed on U.S. stocks this month.

The S&P 500 briefly fell 10% below its intraday record high hit on Sept. 2. If the benchmark index closes at that level, it will enter correction territory.

Dow constituents, considered a barometer of economic confidence, lagged the S&P 500 on Thursday as data showed 870,000 Americans applied for jobless benefits in the week ended Sept. 19, up from 866,000 in the previous week.

Job cuts have spread to industries such as financial services and technology that were not initially impacted by the mandated business closures in mid-March because of insufficient demand.

At 12:32 p.m. ET, the Dow Jones Industrial Average was up 0.39%, the S&P 500 was up 0.54% and the Nasdaq Composite was up 0.81%.

The CBOE volatility index, which is hovering near two-week highs, is expected to climb in the run up to the quarter end next week.

“The key is the VIX index, which has not yet reached levels that would suggest a continued strong move to the downside,” said Peter Cardillo, chief market economist at Spartan Capital Securities in New York.

“So you might get a day of bargain hunting followed by a day of selling, but as the last days of September come into place, we should begin to see some sort of window dressing by institutions.”

Homebuilders climbed 0.8% as sales of new single-family homes increased to their highest level in nearly 14 years last month.

Nikola Corp, which is set for its biggest weekly decline ever, shed another 4.3% as Wedbush downgraded the stock to “underperform”.

Accenture Plc fell 6.4% after the IT consulting firm forecast current-quarter revenue below expectations, while, U.S.-listed shares of Canadian security software firm BlackBerry Ltd jumped 5% after it posted a surprise rise in quarterly revenue.

Declining issues nearly matched advancers on the NYSE and the Nasdaq.

The S&P index recorded no new 52-week highs and two new lows, while the Nasdaq recorded seven new highs and 116 new lows. (Reporting by Sagarika Jaisinghani and Devik Jain in Bengaluru; Editing by Arun Koyyur)

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