TikTok sale to Walmart, Oracle takes back seat as Biden reviews security: WSJTrump's administration had cited national security concerns in its targeting of TikTok, arguing that the personal data of U.S. users could ...
10 Feb, 2021, 06.32 PM IST
Beijing unlikely to approve ByteDance's TikTok deal with Oracle, according to Global TimesByteDance has said it will create a U.S. subsidiary partly owned by U.S. majors Oracle and Walmart and managed mainly by Americans, to paci...
22 Sep, 2020, 10.18 AM IST
Trump says ByteDance can’t keep control of TikTok in Oracle dealShortly after Trump’s comments, Hu Xijin, editor-in-chief of the China state-affiliated Global Times, tweeted that Beijing would likely rej...
22 Sep, 2020, 12.04 AM IST
China's ByteDance says TikTok will be its subsidiary under deal with Donald TrumpTrump signed an executive order on Aug. 14 giving ByteDance 90 days to sell TikTok, amid concerns that the personal data of as many as 100 ...
21 Sep, 2020, 12.10 PM IST
China's ByteDance seeks $60 billion TikTok valuation as Oracle and Walmart prepare to buy inOracle will take a 12.5% stake in TikTok Global and store all its U.S. user data on its cloud to comply with U.S. national security require...
20 Sep, 2020, 02.44 PM IST
China's ByteDance gets Trump nod to avoid TikTok shutdown in the United StatesHe told reporters at the White House he backs the deal with TikTok owner ByteDance, Oracle and Walmart to create a new company that will as...
20 Sep, 2020, 09.14 AM IST
Working to make a decision on Tiktok, says Trump after Walmart, Oracle enter talks"We're making a decision. We spoke today to Walmart, Oracle -- I guess, Microsoft is still involved. We'll make a decision. But nothing muc...
18 Sep, 2020, 08.35 AM IST
US investors, companies set to own majority stake in TikTok U.S. operationsThe new company, dubbed TikTok Global, will have a majority of American directors, a U.S. chief executive and a security expert on the boar...
18 Sep, 2020, 06.52 AM IST
White House's Meadows raises doubts about plan for Chinese-run TikTokMeadows said the administration is still looking at details of the deal and whether it meets national security thresholds, referring to pla...
17 Sep, 2020, 09.15 PM IST
ByteDance says proposal for TikTok partnership will need both Chinese and U.S. approvalThe proposal, submitted to the Trump administration over the weekend, envisages Oracle becoming a "trusted" technology partner and making T...
17 Sep, 2020, 02.36 PM IST
Trump says Oracle close to TikTok deal as ByteDance aims for majority ownershipPresident Donald Trump said on Tuesday he had heard Oracle Corp was very close to a deal over ByteDance's TikTok, even as sources said the ...
16 Sep, 2020, 09.49 AM IST
How ByteDance's CEO Yiming Zhang balked at selling TikTok's U.S. businessChina's opposition to a forced sale of TikTok, as well as concerns by major ByteDance backers such as Sequoia and General Atlantic over the...
15 Sep, 2020, 11.20 AM IST
ByteDance drops TikTok's US sale, to partner with Oracle: ReportByteDance had been in talks to divest TikTok's U.S. business to either Oracle or a consortium led by Microsoft Corp after U.S. President Do...
14 Sep, 2020, 09.10 PM IST
ByteDance won't sell TikTok US operations to Oracle or Microsoft: ReportPeople familiar with the matter told Reuters that ByteDance abandoned the sale of TikTok in the United States and decided to pursue a partn...
14 Sep, 2020, 02.37 PM IST
ByteDance investors seek to use stakes to finance TikTok bid - SourcesByteDance has been in talks to divest TikTok's North America, Australia and New Zealand operations to potential acquirers, including Micros...
24 Aug, 2020, 02.42 PM IST
It may look like an awkward fit but Oracle’s bid for TikTok has a simple explanation: DataMicrosoft Corp. has been seen as the front-runner in the race to acquire TikTok’s U.S. assets, and is the only company to publicly confirm ...
19 Aug, 2020, 05.24 PM IST
Oracle enters race to buy TikTok's U.S. operations: ReportMicrosoft is particularly interested in buying TikTok in Europe and India, where it was recently banned by the Indian government after bord...
19 Aug, 2020, 03.59 PM IST