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ByteDance chooses Oracle as 'trusted tech partner,' rejects bid from Microsoft - report

2020-09-14 08:26:00| Telecompaper Headlines

(Telecompaper) Byte has rejected Microsoft's offer for its TikTok operations in the US and reportedly chosen Oracle as its "trusted tech partner." The report, put out by the Wall Street Journal, came a few hours after Microsoft announced its bid had been denied, but added that the deal is not likely to be structured as an outright sale. It is also not yet know if the agreement with Oracle includes the transfer of TikTok algorithms.

Tags: report partner tech microsoft

 

TikTok rejects Microsoft bid at eleventh hour

2020-09-14 04:48:44| BBC News | Business | UK Edition

Oracle is now the favourite to take over US operations of the popular Chinese-owned video-sharing app.

Tags: hour microsoft bid rejects

 
 

Walmart joins Microsoft bid to acquire TikTok US business

2020-08-28 08:43:00| Telecompaper Headlines

(Telecompaper) Walmart has confirmed it's in talks to join Microsoft's bid to acquire TikTok's US business. The retail giant said its business could benefit from TikTok's success in integrating e-commerce and advertising in other markets, helping it reach more online customers and grow its third-party marketplace and advertising businesses. Walmart said its partnership with Microsoft could not only meet the expectations of US TikTok users but also satisfy US government regulators.

Tags: business microsoft bid acquire

 

Walmart to join Microsoft in bid for TikTok

2020-08-27 18:11:48| BBC News | Business | UK Edition

The US retail giant Walmart has confirmed it is interested in buying the Chinese video sharing app.

Tags: join microsoft bid walmart

 

Microsoft backs Epic Games in legal row with Apple

2020-08-24 12:16:05| BBC News | Business | UK Edition

The Xbox company has declared support for the Fortnite-maker as it battles Apple's "monopoly".

Tags: games legal microsoft apple

 

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