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 »Oracle is in talks to get the US operations from TikTok, says source
Larry Ellison, co-founder and CEO of Oracle Corp., will speak at the Oracle OpenWorld Conference in San Francisco on October 22, 2018. Bloomberg Oracle, a business software giant, is in talks to acquire social media company TikTok from US, Canadian, Australian and New Zealand assets, according to a person familiar …
Read More »Trump’s executive orders are ‘broader’ than just TikTok, WeChat
US Secretary of State Mike Pompeo speaks at a joint press conference as part of a meeting with Czech Prime Minister Andrej Babis in Prague, Czech Republic, on August 12, 2020. Petr David Josek | AFP | Getty Images US Prime Minister Mike Pompeo said President Donald Trump’s executive orders …
Read More »US ban on China’s TikTok could cut app stores, advertisers: White House document
Flags of China and the US are seen near a TikTok logo in this illustration photo taken July 16, 2020. Florence Lo | Reuters President Donald Trump’s executive order banning China’s TikTok could prevent US app stores from offering the popular short video app and making ads on the platform …
Read More »Exclusive: ByteDance investors value TikTok at $ 50 billion in takeover bid – sources
NEW YORK / HONG KONG (Reuters) – Some investors in TikTok parent company ByteDance, seeking to take over the popular social media app, value it at around $ 50 billion, significantly more than its peers, like Snap. Inc (SNAP.N), according to people familiar with the matter. FILE PHOTO: Tik Tok …
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