ByteDance floats US IPO for TikTok in effort to win White House approval

TikTok


  • One avenue ByteDance is exploring to satisfy President Trump’s concerns about TikTok is a US IPO, CNBC’s David Faber reported on Thursday, citing sources.
  • ByteDance spinning off TikTok with a US listing could satisfy President Trump’s objection of the Beijing-based tech company retaining a majority stake in TikTok.
  • Walmart and Oracle would likely own minority stakes in a spunoff TikTok, according to Faber.
  • Visit the Business Insider homepage for more stories.

ByteDance is exploring plans to spinoff its global TikTok operations in the form of an IPO on a US stock exchange, CNBC’s David Faber reported on Thursday.

The move could satisfy President Trump’s ownership concerns regarding ByteDance and TikTok. Trump said on Wednesday that he doesn’t like the idea of Beijing-based ByteDance retaining a majority stake in TikTok. 

Oracle would own a minority stake in TikTok of less than 20%, while Walmart is also expected to take a stake in the popular social media company, according to Faber. The potential size of Walmart’s stake is still unknown.

There would likely be a new US board of directors for TikTok’s American operations, with Walmart CEO Doug McMillion expected to have a seat on the board, CNBC reported.

Read more: Jefferies handpicks the 17 best stocks spanning multiple sectors to buy now – and details why each company’s future looks ‘particularly attractive,’ even in a downturn

A potential TikTok IPO would likely mark the largest technology IPO in recent years, with the company being most recently valued at an estimated $50 billion in private funding rounds, according to Reuters.

In recent days, Trump has been meeting with cabinet members and advisers like Secretary of Treasury Steve Mnuchin and Jared Kushner on whether or not to approve a proposed TikTok deal with Oracle, according to CNBC.

Friday’s announcement that the Trump administration would block app downloads of TikTok and WeChat starting this Sunday suggest approval of a TikTok deal with Oracle is still up in the air. 

Read more: A Wall Street firm shares its 5 best ideas for investors who need alternatives to expensive tech stocks – including trades poised to turnaround after getting pummeled by the pandemic

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Granite And Stone In Kitchen, Doghouse: Bel Air Dream Home

BEL AIR, MD — Tucked away on more than 3 acres of land near Maryland Golf & Country Club, this contemporary home features vaulted ceilings and natural light. Highlights are the gourmet kitchen with wet bar, master suite with private balcony and master bath with walk-in shower and granite vanities. The house could be yours for less than $600,000.

  • Address: 800 St Andrews Way, Bel Air, Maryland
  • Price: $596,100
  • Square Feet: 3974
  • Bedrooms: 5
  • Bathrooms: 3 Full and 1 Half Baths
  • Built: 1980
  • Features: This beautiful custom Lacey Francis home in Bel Air is truly a treasure, and a rare listing you should act on fast. The construction here offers five beds and four baths (three full, one half) across its substantial 3, 976 finished sq ft, and there is a lot to fall in love with in between! The elegant style of this home cannot be understated! The main floor’s unique and semi-open layout situates a number of living spaces among vaulted ceilings and lots of natural light. Upon entering, the most prominent initial space is the open living room and entertainment area, with hardwood floors and great corner light. The central gourmet kitchen is spacious with sleek black granite countertops wrapping around the stone, an exposed chimney of the rear family room, double wall-embedded oven, tile backsplash, a wet bar, and an array of spacious modern cabinets. The family room around the corner from the kitchen has large, semi-skylight windows, with an excellent view of the stream, that extend from the wall to ceiling, new carpeting, and a prominent wood fireplace with floor to ceiling stone masonry. The breakfast area is adjacent to the kitchen and has sliding glass doors that leads to the screened-in deck. While most of the structure’s bedrooms are on the lower floor, this structure’s owner’s suite is on the main level and is a bright and spacious corner room with a luxurious ensuite bath and a private deck overlooking the stream. The enormous owner’s bath has dual granite vanities, a wonderful skylight over the large jacuzzi tub, an over-sized walk-in two-person shower, and a huge walk-in closet! Throughout the lower level of the home, we find pristine carpet and recessed lights, and features a working wood potbelly stove that heats the entire house. Each bedroom is substantial, gets good natural light, and has a dedicated closet. The laundry area is on this floor and comes included with high-efficiency washer and dryer appliances. Additionally, there is a large workroom with a huge storage closet! There are premium outdoor spaces all around the home, in addition to the covered deck by the kitchen, there are two external decks around the home, with one of them being brand new! This home is also dog-ready, with a large indoor-outdoor dog house! Other great features of the home include a brand new water heater and a two-car garage! Living at 800 St Andrews Way, you will be nestled on a quiet, forested private lot, in a beautiful area

Heidi Keppert | Home Improvement Wiki

Heidi Keppert

Heidi

Family

Scott (Husband)
Amy Keppert (Daughter)
Unknown second child

First Appearance

Last Appearance

Actor

Quotes

“Does everybody know what time it is?”
“That’s right. Binford Tools is proud to present; Tim ‘The Tool Man’ Taylor”.

Heidi Keppert, is the second “Tool Girl” after Lisa left the show to go to college, beginning in Season 3, portrayed by Debbe Dunning.

Initially, the character was seen only in and around the Tool Time set. In later seasons, her personal life crossed paths with Tim and Al on a number of occasions. She has a daughter named Amy born in Season 6 and she has a husband named Scott. At the end of the final season, she was expecting her second child.

Running GagsEdit

  • The outfits Heidi wears have the theme of the Tool Time program such as a Cowgirl or a Cheerleader.
  • Tim’s eldest son Brad has a crush on Heidi and is always sweet talking her, even though she is married
  • As well as Brad, most of her fans are the men who constantly hound her for autographs, carry things for her and even ask when her next Binford Tool calender is coming out.
  • Before landing the role as Heidi Keppert, Debbe first appeared in Season 2 as Kiki Von Fursterwallenscheinlaw.
  • The episode A Night to Dismember indicates that Mark Taylor has the crush on her as well.


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Edinburgh Rugby player tests positive for Covid-19 after house party

Edinburgh Rugby logoImage copyright
SNS

An academy player from Edinburgh Rugby has tested positive for coronavirus.

At the Scottish government’s daily briefing on Friday, National Clinical Director Jason Leitch said the player had been at a house party last week with several other team mates.

A further three youth players are also self-isolating.

Edinburgh Rugby’s weekend match in France is scheduled to go ahead following an assessment by health teams.

Prof Leitch said he was “personally disappointed” as the house party attended by four youth players breached restrictions on social gatherings and protocols agreed with Scottish Rugby to allow the sport to resume.

He said: “Rugby, like other performance sports has been given the go-ahead on the strict condition that clubs and players abide by the guidance that has been agreed.”

Image caption

Prof Leitch said he was “personally disappointed” as the house party breached protocols agreed with Scottish Rugby

Mr Leith said he had spoken to leaders at Scottish Rugby and that they were taking the incident “very seriously indeed”.

He added: “Incidents like this and the ones we’ve seen previously involving other sports underline a really key point.

“If at any time one of us fails to abide by the rules we put others at risk and we give the virus the chance to spread and create consequences that are totally outwith our control.”

‘Remain vigilant’

Edinburgh Rugby said potential contact by the affected player with other members of the squad had been fully reviewed by external medical professionals and no further action was required.

It said “all club personnel have been advised to remain vigilant and be aware of, and report, any subsequent symptoms”.

In a statement the club added: “We would treat a suspected breach of our own, and the government’s public health guidelines, extremely seriously and will take appropriate actions and steps as required.

“Our priority is to ensure the health and safety of our players and staff, and we will continue to closely monitor and support all relevant individuals.

“Both Edinburgh Rugby and Scottish Rugby will also continue to work with the Scottish government and the Lothian Health Protection Team around any further matters arising from these circumstances.”

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Four Tips for Choosing the Correct LED Lights for Your Indoor Garden

Whether your outdoor space lacks the room you need to grow everything on your list, or you simply prefer to bring a bit of the outdoors in, one of the most important parts of maintaining an indoor garden comes down to lighting. Frank Petricoin, Gardyn’s lead grower, shares everything you need to know about picking the right light system for your interior growing space.



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© Provided by Martha Stewart Living
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An indoor garden expert shines a light on what it takes to help your plants thrive.


© Getty / RoBeDeRo
An indoor garden expert shines a light on what it takes to help your plants thrive.

Related: Secrets to Starting Seeds Indoors

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First, understand your plants’ needs.

Indoor gardening gives us the ultimate control over our plants, explains Petricoin, which means it becomes our responsibility to provide them with everything they need. That includes soil, hydration, and even lighting. “When considering any light for your indoor garden, the three most important things are spectrum, intensity, and efficiency,” he says. “Typically, full-spectrum lighting produces the best growth and is most identical to natural sunlight.”

Since indoor gardeners can manipulate light intensities, spectrums, and photoperiods to control the shape and stage of their plants, they need to first understand what their particular varieties need. “For example, light intensities can be increased for shorter, squatter plants or dialed back for new seedlings or to slow growth on mature plants,” he says. “Increasing photoperiods past 16 hours generally keep short-day plants in a vegetative state and encourages flowering in long-day plants.” If you shorten them to 12 hours you run the risk of reversing that effect, he adds, so choose your lights (and their settings) accordingly.

Use LED lights correctly.

When using LED lighting, it’s important to make sure the intensity and spacing is set up in such a way that no “hotspots” form, notes Petricoin. These put your plants at risk—in these zones, the light is too intense for them to handle. This is also why “efficiency is so important,” he says, “because lighting and cooling are the most energy-intensive aspects of indoor gardening, and inefficient lights turn electricity into heat instead of light.”

Invest wisely.

Petricoin says a lot of people have sticker shock when they first see the price of high-grade LED lights. “Indeed, it is the most expensive light most of us will ever purchase, so many try to cut corners by buying a cheaper model for a lower cost,” he says. “However, cheaper LED lights often do not produce spectrums, coverages, and intensities for plants to thrive happily.” Think of it this way: Since light sources are a part of your plants’ food, it’s important to be sure you’re feeding them the best “ingredients” possible.

Don’t sacrifice form for function.

Additionally, Petricoin points out that many indoor garden setups can be aesthetically displeasing. “People are typically forced to choose between dedicating an entire room to their garden, installing a big ugly grow tent in their living room, or dealing with intense light that can be annoying and burdensome,” he explains.

His Whole House founder Molly McNamara shares her story of loss to build suicide awareness


Trying to navigate through a maze blind without legs — this is how Molly McNamara describes the feelings of pain and hopelessness accompanying the trauma of suicide.

McNamara is the founder and executive director of the Cypress-based nonprofit His Whole House, a ministry that uses a faith-based approach to help trauma survivors. The organization works to “break the cycle of trauma and shame” through training, mentoring and counseling. Among its clients are people whose loved ones have attempted or carried out suicide, as well as individuals who may themselves struggle with suicidal thoughts.


“We are not a crisis intervention ministry…however, what I’ve come to understand is there is a long-term recovery period for all of us — including myself,” said McNamara, who had herself overcome attempts of suicide as a teenager.



As a suicide survivor, McNamara will be sharing her story of loss and resilience during a live online talk Sept. 30 in observance of National Suicide Prevention and Awareness Month.


On March 31, 1998, McNamara said she received the most horrendous news of her life — her son, Adam Thomas, had died of suicide.

“It was in that moment that I became the most reluctant survivor of suicide and truly felt a very, very dark cloud come over,” she said. “It had been one of several traumas that had occurred within a short period of time. I’d lost both my parents just months before…and this was my only living child. It was something that took me to the bottom of my ability to function and I felt as if I was in a maze, blind without legs.”


She lived in the oppressive shadow of that dark cloud for 11 years. She finally came to recognize that what she’d experienced was trauma — the trauma of loss. She founded His Whole House in 2010.

“When I came out of the silence of my own pain and trauma and started the 501(c)3, my intention was

One of the three inaugural eateries at Fishers Test Kitchen leaves

Fishers Test Kitchen is searching for a new restaurant concept to fill an accelerator space following the departure of Natural State Provision this week.

See what chefs have cooking in the new Fishers Test Kitchen

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UP NEXT

The Southern comfort food counter-service concept — one of three in the inaugural cohort at the culinary incubator at the Sun King Innovation Brewery in the Yard at Fishers District that launched in February — was asked to leave, said test kitchen co-founder John Wechsler, though he wouldn’t elaborate.

“We wish them well at King Dough,” he said. “This was time for us to bring another concept in.”

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The move caught Natural State owners Adam and Alicia Sweet off guard, they said in an emailed statement.

“Although our experience with Fishers Test Kitchen has been challenging from the beginning, we remained positive and committed to the initiative. We are very surprised and disappointed by how we’ve been treated, especially for our employees’ sudden job loss during a pandemic,” they said. “We’re regrouping and exploring future opportunities that will be a better fit for Natural State Provisions.” 



a close up of a sandwich on a plate: Free-er Bird, fried chicken thigh, coleslaw, and dijon on a sesame seed bun, $9, from Natural State Provisions at the Fishers Test Kitchen an Sun King Brewery, in The Yard at Fishers District, 9713 District North Drive, Suite #1210, Fishers, Ind., 46037, Saturday, Feb. 1, 2020.


© Michelle Pemberton/IndyStar
Free-er Bird, fried chicken thigh, coleslaw, and dijon on a sesame seed bun, $9, from Natural State Provisions at the Fishers Test Kitchen an Sun King Brewery, in The Yard at Fishers District, 9713 District North Drive, Suite #1210, Fishers, Ind., 46037, Saturday, Feb. 1, 2020.

Natural State, which served up fried chicken sandwiches, root beer-glazed pulled pork and collards and was themed for chef Adam Sweet’s native Arkansas, had 11 employees at the Fishers space.



a man standing next to a blender: Natural State Provisions owner Adam Sweet, left, and Ryan Quinn, cook up culinary creations at the Fishers Test Kitchen and Sun King Brewery in The Yard at Fishers District on Feb. 1, 2020.


© Michelle Pemberton/IndyStar
Natural State Provisions owner Adam Sweet, left, and Ryan Quinn, cook up culinary creations at the Fishers Test Kitchen and Sun King Brewery in The Yard at Fishers District on Feb. 1, 2020.

The Sweets, who also own King Dough pizzeria, 452 N. Highland Ave., were approached to join the project 22 days before its launch, replacing another chef who backed out. They’d hoped to grow it into its own brick and mortar.

The culinary accelerator that tech startup advocate Wechsler and local foodie Jolene Ketzenberger started in partnership with the city of Fishers was designed to have chefs try restaurant ideas and leave on a staggered schedule. It would add to the local culinary scene and save startups some of the hefty costs of equipment, leases and other elements needed to prove their concepts.

The two other initial concepts at the facility are Korean street food Korave Korean BBQ and global street food purveyor Lil Dumplings.

Fishers Test Kitchen is now taking applications for a popup to occupy the counter-service restaurant stall vacated by Natural State. The temporary occupant will move in October and could be considered for a longer stint, Wechsler said.

“As the other two concepts evolve, we’re already into the window of less than a year for them to graduate out into their

PIPPIN, The Garden Theatre At The Eagle

An exciting new production of the Broadway musical about a prince learning the true meaning of glory, love and war

BWW Review: PIPPIN, The Garden Theatre At The Eagle

BWW Review: PIPPIN, The Garden Theatre At The EagleAfter launching this summer with the sold-out musical Fanny and Stella, The Garden Theatre at The Eagle presents a new production of the popular musical Pippin. This is a socially distanced, outdoor production produced by Peter Bull for LAMBCO Productions.

Pippin originated on Broadway in 1972, famously directed and choreographed by Bob Fosse, with music/lyrics by Stephen Schwartz and a book by Roger O Hirson. The Garden Theatre production uses the 1998 new ending by Mitch Sebastian.

The much-loved musical tells the tale of a young prince learning the true meaning of glory, love and war. Pippin is a coming-of-age story with a message that true happiness isn’t found through success and ambition, but rather in the simple and ordinary. However, the real draw of this show has always been its catchy 70s-inspired music.

This production is significantly smaller than originally conceived, with a stripped-down cast of six, all whom are seasoned West End performers. Ryan Anderson as Pippin is exceptional and his rendition of the famous “Corner of the Sky” number does not disappoint. His voice is effortless, his dancing captivating and his acting is raw and honest.

Joanne Clifton is also a standout, playing Fastrada/Bertha with flawless comic timing and leaving the audience awestruck by her dancing. The cast also includes Tsemaye Bob-Egbe, Tanisha-Mae Brown, Harry Francis and Dan Krikler.

Designer David Shields and director Steven Dexter have done a wonderful job of turning the Garden Theatre into a sort of hippie commune. The audience are seated in traverse, under a makeshift tent. The actors are dressed as bohemian flower children, which altogether creates an atmosphere of watching a travelling circus troupe put on a show.

The only element that doesn’t seem to fit is the cast using American accents. Pippin’s magical world, created by this motley crew, feels like it shouldn’t call for a particular accent, and therefore the cast speaking with their natural voices would have felt much more authentic and in tune with the environment.

Nick Winston’s choreography still manages to wow us, despite the space restrictions. We can see Fosse’s original iconic choreography but adapted for this unique setting, and with Winston’s individual stamp.

In all, this smaller-scale production of a Broadway and West End favourite is still filled to the brim with light, colour and energy.

Pippin is running at The Garden Theatre until 11 October

Photo Credit: Bonnie Britain

From This Author
Bella Bevan

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75 Home Improvement Tips – Easy Ways to Makeover Your House

Your home, like life, is a series of evolutions and special moments. Tackle these mini projects yourself — and sometimes with help! — and you’ll create a space that’s truly your own. Flaunt your “after” pictures on Instagram by tagging #MyHouseBeautiful — we’ll publish our faves this spring!

1. Restyle your bookcase. Strip off those garish dust jackets, assemble an arsenal of pretty like-colored objets, and paint the back wall of the shelf a calm — or glamazonian — hue to make it all pop.

Jonny Valiant

2. Wrap books in shimmery marbleized paper. Available at craft stores, it makes even the fluffiest beach read look smart. Luxe much?

Lara Robby/Studio D

3. Good lighting changes everything. This update doesn’t require an electrician: Mount a plug-in sconce to spotlight a painting or your nighttime reading. Illuminating! ($595, Serena & Lily)

Serena & Lily

4. Class up cabinets with knobs that wow you. You can swap out the pulls yourself in minutes.

5. Visual mishmash out, big beauty moment in! Take down all the pictures in a room and rehang them as one statement-making gallery wall. 

cylinder coffee table

Jonny Valiant

6. Upgrade your shower nozzle. It’s not your water pressure, it’s your showerhead. Switch it out for Waterpik’s Torrent PowerSpray. It feels like a downpour. In the Maldives. ($35, Waterpik)

7. Paint the ceiling. A.k.a. the fifth wall. Blue is as calming as the sky, silver reflects light, jewel tones are bravely bold — and just might work.

The glossy barrel ceiling in the master bath is painted in Farrow & Ball's Skylight. P. E. Guerin tub fixtures. DeAngelis chair in Empress Satin by Fret Fabrics.

8. Add a little bling. Have your framer gild a lamp, table, or chair in gold leaf (or silver, or copper, or metallic hot pink).

9. Restock your linen closet. If you wouldn’t show your current bath towels and bed linens to your visiting mother-in-law, ditch ’em and start anew. You deserve better.

10. Contain your kitchen. Under-counter swing-out corner storage helps organize a clutter zone — ideal for heavy, rarely used pots, or the collection of Tupperware we all inevitably amass. (Hardware Resources)

11. Invest in a great mattress. Something that gets to sleep with you for years should be worthy! Stearns & Foster’s Estate line is cashmere-wrapped for winter warmth and summer cool. 

12. Make an opening statement. Buy house numbers with (ahem) character. ($25 each, Nak Nak Design)

Nak Nak Design

13. Find your crowning glory. Hire a contractor to add crown molding, a chair rail, or wainscoting to a room or two — it’s a one-day job with architectural pow.

14. Dress your windows. The Shade Store can install anything from ripple-fold curtains to wood blinds just 10 days after you order. 

15. Add tassels and tiebacks. Or glam up what you’ve got with silken accessories — tassels, once a talisman against evil spirits, are timeless and touchable.

16. Paint your muntins black. Or order Marvin Windows and Doors’ powder-coated beauties, which can match any color. 

17. When in doubt, go for linen curtains. Restoration Hardware’s Belgian linen is beloved, thanks to sustainably grown flax

Meet the ‘no cap’ offer: Escalation clause to win a real estate bid

  • Matt Bauscher is one of Boise’s top real estate agents, and recently used a ‘no cap’ offer to win an in-demand home for his clients, at $125,000 over-ask. 
  • The ‘no cap’ offer is an escalation clause modified to outbid any other offers on the table. 
  • Bauscher said he’s done hundreds of escalation clauses before but never a ‘no cap’ deal: ‘No one had ever heard of what we did here either.’
  • Leader of one of Idaho’s top real estate teams, Bauscher says he’s designed many escalation clauses before, but they all had caps on them.
  • Visit Business Insider’s homepage for more stories.

“No one had ever heard of what we did here either,” Matt Bauscher told Business Insider.

Bauscher, a top Boise real estate broker with Amherst Madison, was talking about his recent success winning a home for his clients with a “no cap” offer. 

Bauscher has been in real estate since 2014, and leads one of the top real estate teams in Idaho, per Real Trends.

“It was the first time I’ve ever done it — I’ve done hundreds of escalation clauses, but most with a cap.” 

Bauscher’s “no cap” offer came about as a result of the feverish Idaho real estate market, where realtors are describing a market overwhelmed with bidding wars and sales often going for $100,000 over ask. It’s a real estate “feeding frenzy,” as Bauscher puts it, as city dwellers flock to the Gem State.

While typical escalation clauses make a contractual provision in a home buyer’s offer letter that seeks to outbid competition by a designated amount, the “no cap” offer means a buyer is essentially writing a blank check for a home — determined to successfully outbid any other offers on the table. 

“I often do an escalation clause on my offers when I’m representing a buyer,” Bauscher said. For example, “I will write in the contract, ‘Buyer agrees to beat any competing bona-fide offer by $5,000 over the highest competing offer. A copy of the competing offer must be provided for escalation clause to be valid.'”

Bauscher used the example of a house being listed at $1.5 million, for which you could do an escalation clause beating any offer by $10,000, up to a max of $1.7 million. The ‘no cap’ would mean you are going to beat any competing offer for just what it sounds like, he said — without a cap.

Bauscher said the “no cap” requires proof, too: The listing agent has to provide a lender approval letter or proof of funds of the competing offer, so they can’t falsify an offer. 

It’s simple, but it works, according to Bauscher, who used the “no cap” offer to win his clients — who were coming from an affluent area out of state — a Boise home at $125,000 over ask.

“Many urban cities are losing people to Boise,” he said, pointing to the city’s safety, low cost of living, and seasonal weather, adding that residents can work from home and