US Delays Enforcement Ban On TikTok

CalWood fire near Boulder 100% contained after month-long burn

The CalWood fire was 100% contained Saturday after burning for more than a month and destroying at least 20 homes in the foothills north of Boulder and west of Longmont.

The blaze burned a total of 10,106 acres, or about 16 square miles, after it started Oct. 17. The cause of the fire is still under investigation.

The wildfire was considered contained Saturday after firefighters observed no signs of heat or smoke despite high winds in the area. Officials will continue to check the fire area daily, according to the Boulder Office of Emergency Management.

Total Acquires Charging Solutions From Viessmann Group – Quick Facts

Total (TTA.L,TOT) said it has finalized the acquisition from the Viessmann group of Charging Solutions, the subsidiary specialized in Electric Vehicle charging infrastructure of its affiliate Digital Energy Solutions. Total said the integration of Charging Solutions to the Group’s German affiliate, Total Deutschland, is effective since November 1st, 2020. With the acquisition, Total becomes the operator in Germany of a network of a 2,000 charge points installed at private businesses’ locations.

“The ambition of Total is to operate 150,000 charge points in Europe by 2025. The acquisition of Charging Solutions will allow us to accelerate our development on the German market,” said declaresAlexis Vovk, President for Marketing & Services at Total.

Elon Musk says 'most likely' has a moderate case of Covid-19

Tesla Chief Executive Officer Elon Musk said on Saturday he "most likely" has a moderate case of Covid-19, as he continued to question the accuracy of the tests.

"Am getting wildly different results from different labs, but most likely I have a moderate case of covid. My symptoms are that of a minor cold, which is no surprise, since a coronavirus is a type of cold," Musk wrote in a tweet. 

He did not mention whether the results were from polymerase chain reaction tests, which are more accurate than rapid tests.

"A little up & down. Feels just like a regular cold, but more body achy & cloudy head than coughing/sneezing," the Tesla CEO wrote in reply to a user asking about symptoms. 

Musk said on Thursday that rapid antigen test results from the same machine and the same test showed he tested positive twice and then negative twice all on the same day.

Musk's presence at the weekend launch of four NASA astronauts into orbit aboard his SpaceX company's spacecraft had been thrown into question due to Covid-19.

The National Aeronautics and Space Administration's first full-fledged human mission using a privately owned spacecraft, has slipped from Saturday to Sunday evening due to forecasts for gusty, onshore winds over Florida, officials for the U.S. space agency said on Friday.

Biden Likely to Stump in Georgia for Senate Runoffs, Aide Says

President-elect Joe Biden is likely to travel to Georgia to campaign for the two Democratic Senate candidates ahead of the runoff elections in January, his new chief of staff said Sunday.

Ron Klain, whom Biden selected this week to be his top adviser in the White House, said the president-elect plans to campaign before the Jan. 5 votes, which will determine whether Democrats or Republicans control the Senate.

Biden narrowly won the state of Georgia in the presidential election, becoming the first Democrat to win the formerly reliably Republican state since 1996. Control of the Senate has major implications for Biden’s ability to enact his policy priorities.

“We’re going to work hard to help win those Senate seats,” Klain said on Meet the Press. “I think you’ll see the president elect campaign down there as we’re getting closer to Election Day.”

The Democrats, Jon Ossoff and Raphael Warnock, advanced to run-offs to face incumbent Republican Senators David Perdue and Kelly Loeffler, respectively.

If Democrats win both races there would be a 50-50 tie in the Senate, with Vice President-elect Kamala Harris breaking any tie votes.

“We going to put people, money, resources down there to help our two good candidates win,” Klain said. “I’m very hopeful that we can win those seats.”

DraftKings Q3 Pro Forma Revenue Up 42%; Raises Guidance – Quick Facts

DraftKings Inc. (DKNG) reported third quarter revenue of $133 million, an increase of 98% compared to $67 million, a year ago. After giving pro forma effect to the business combination with SBTech and Diamond Eagle, as if it had occurred on January 1, 2019, revenue grew 42%.

The company increased its fiscal 2020 pro forma revenue guidance to a range of $540 to $560 million from a range of $500 to $540 million, which equates to year-over-year pro forma revenue growth of 25% to 30%.

DraftKings introduced 2021 revenue guidance of $750 million to $850 million, which equates to 45% year-over-year growth based on the mid-points of the 2020 pro forma revenue guidance range.

US Delays Enforcement Ban On TikTok

TikTok will continue to operate in the U.S. for the time being after the Commerce Department said it will abide by a temporary injunction that prevents the government to shut down the Chinese social media app.

Earlier, President Donald Trump had issued an executive order to effectively shut down TikTok on November 12, claiming that the app posed a security threat due to the company’s links to China.

ByteDance, the owner of TikTok, had been given until Thursday to restructure ownership of the app in the US to meet national security concerns. However, earlier this week, TikTok filed a petition in the US Court of Appeals for the D.C. Circuit seeking clarity on its future.

ByteDance agreed to sell 20% of TikTok Global to Walmart and Oracle while making Oracle a “trusted technology partner” in the U.S.

A federal judge issued a preliminary injunction against the first Trump’s executive order.

“I am very happy that the court has granted an injunction preventing the implementation of the TikTok ban that would have prohibited new users to download the app,” TikTok’s interim chief Vanessa Pappas wrote on Twitter. “We will continue to seek to protect the rights of our users, partners, artists, employees, businesses, and creators.”

The Commerce Department announced that the shutdown order won’t go into effect “pending further legal developments.”