(Reuters) – Amazon.com Inc. is in preliminary talks to invest in U.S. cloud service provider Rackspace Technology Inc., people familiar with the discussion said Monday. PHILO PHOTO: Signage seen at an Amazon facility in Bethpage on Long Island, New York, USA, March 17, 2020. REUTERS / Andrew Kelly The deal …
Read More »Oracle goes into race to buy TikTok’s US operations: FT
FILE PHOTO: The Oracle logo is displayed in an office building in Irvine, California, USA June 28, 2018. REUTERS / Mike Blake (Reuters) – Oracle Corp. has held preliminary talks with TikTok’s Chinese owner, ByteDance, and has seriously considered buying the app’s operations in the United States, Canada, Australia and …
Read More »RPT-EXPLAINER-Microsoft’s TikTok bid spotlights the history of Windows maker with China
(Repeats to more subscribers) By Josh Horwitz SHANGHAI, Aug 10 (Reuters) – Microsoft Corp. has emerged as the most likely buyer of US operations of TikTok, the popular Chinese short video app that prepares US President Donald Trump for effective bans on national security grounds. A deal would be in …
Read More »Note: Microsoft’s TikTok bid spots Windows maker history with China
SHANGHAI (Reuters) – Microsoft Corp (MSFT.O) has emerged as the most likely buyer of the US operations of TikTok, the popular Chinese short video app that prepares US President Donald Trump for effective bans on national security grounds. PHILO PHOTO: A person walks past a Microsoft logo at the Microsoft …
Read More »BP’s green energy goals will be difficult to meet
LONDON (Reuters) – BP (BP.L) will have to invest tens of billions of dollars over the next decades and may have to accept lower returns than it can get from oil if it is to meet its goal of becoming one of the largest innovative power generators in the world. …
Read More »