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Walmart

Trump backs TikTok deal with Oracle, Walmart

TikTok has said it will separate itself from its Chinese parent company, ByteDance, and become an independent entity called TikTok Global – with Oracle and Walmart both taking minority stakes. In a deal that US President Donald Trump gave his blessing to over the weekend, US multi-tech company Oracle would become TikTok’s new cloud provider, […]

September 21, 2020

Walmart joins Microsoft for US TikTok bid

Walmart, the US retail giant, has confirmed it will partner with Microsoft to make a bid for the US operations of social media app TikTok. TikTok, owned by China-based ByteDance, has been ordered to sell its US arm to an American firm or face a ban in the country. US President Donald Trump has alleged […]

August 28, 2020