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PRESS DIGEST-New York Times business news – Aug 4

The following are the top stories on the New York Times business pages. - U.S. President Donald Trump said that TikTok would be shut down in the United States on Sept. 15 unless Microsoft Corp or another "very American" company purchased it, and that he had told Microsoft's chief executive in a call over the weekend to "go ahead" with the acquisition. Read More...

Aug 4 (Reuters) – The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.

– The Manhattan district attorney’s office suggested on Monday that it had been investigating U.S. President Trump and his company for possible bank and insurance fraud https://nyti.ms/33sr6YX

– U.S. President Donald Trump said that TikTok would be shut down in the United States on Sept. 15 unless Microsoft Corp or another “very American” company purchased it, and that he had told Microsoft’s chief executive in a call over the weekend to “go ahead” with the acquisition. https://nyti.ms/2ERmO3j

– Twitter said on Monday that it was under investigation by the U.S.Federal Trade Commission for potentially misusing people’s personal information to serve ads, adding that it faced fines of $150 million to $250 million. https://nyti.ms/2DwrNFS

(Compiled by Bengaluru newsroom)

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