The TikTok website of ByteDance Ltd. is displayed on a smartphone in a remote photo. Andrew Harrer | Bloomberg | Getty Images Walmart and Microsoft may seem like an unlikely partnership to acquire TikTok’s US assets, but until very recently the retailer had other plans. Before Walmart partnered with Microsoft …
Read More »Stock futures flat in the night trading as Wall Street seems to be taking a week off for record
Futures tied to key U.S. stock benchmarks were flat in trading overnight Thursday as Wall Street tries to build on its record-breaking rally. The futures of the Dow Jones Industrial Average received just 30 points. The S&P 500 futures and the Nasdaq 100 futures were not much changed. The S&P …
Read More »What to see on Night 4
US President Donald Trump is leaving for the first day of the Republican National Convention after delegates voted to confirm him as the Republican presidential candidate for re-election in Charlotte, North Carolina, August 24, 2020. Leah Millis | Reuters WASHINGTON – President Donald Trump will accept his party’s nomination for …
Read More »Ford and remain under federal investigation into union corruption
The Henry Ford II World Center, Ford Motor Company’s headquarters in Dearborn, Michigan. James Leynse | Corbis | Getty Images DETROIT – Ford Motor remains under federal investigation as part of a multi-year corruption probe into the Union Auto Workers Union, according to the lead prosecutor over the investigation. U.S. …
Read More »With bids on TikTok, Walmart is looking to turn a political turmoil in its own favor
For Walmart, a political tug-of-war over TikTok has become an opportunity to follow an app with a huge fan base. The company confirmed Thursday that it is partnering with Microsoft to buy the tech platform, which is owned by Beijing-based ByteDance. The parent company of TikTok is looking for a …
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