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A grocery tycoon turned Walmart robotics supplier is one of this year's biggest wealth losers after $9 billion wipeout

Symbotic CEO Rick Cohen has suffered a huge slide in his net worth this year amid an investor backl…

Theron Mohamed   


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Walmart is America's grocery king — and no one is close to stealing its crown

Walmart is the biggest grocery retailer in the US by a long shot. Americans spent $264 billion on W…

Dominick Reuter   


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Flipkart and PhonePe complete separation six years after acquisition

Flipkart and PhonePe have announced that they are fully separated now, six years after the e-commer…

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The next phase of the war between Walmart and Amazon will be fought on your TV

Walmart's $2.3 billion acquisition of Vizio broadens the retail giant's advertising reach as it fac…

Katherine Tangalakis-Lippert   


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It looks like high-income shoppers are becoming increasingly loyal to Walmart

Walmart CFO John David Rainey said that the retailer had seen a jump in the number of shoppers from…

Grace Dean   


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Flipkart acquires Cleartrip in an effort to cement its position in the travel booking segment

“The Flipkart Group is committed to transforming customer experiences through digital commerce. …

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ByteDance is walking away from its TikTok deal with Oracle now that Trump isn't in office, report says

Last week the Biden administration put the brakes on efforts to ban the app in the US, a policy tha…

Julie Gerstein   


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Walmart sells UK grocer Asda for $8.8 billion

TDR Capital and Euro Garages owners the Issa brother have bought the UK's third largest supermarket…

Grace Dean   


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Satya Nadella said the TikTok-Oracle deal is unrecognizable from the one Microsoft bid on

"It's not something I recognize, and it's definitely not the deal I bid on," Microsoft CEO Satya Na…

Isobel Asher Hamilton   


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Walmart said 'ekejechb ecehggedkrrnikldebgtkjkddhfdenbhbkuk' about investing in TikTok, and it's a sign of how frenzied the saga has become

Walmart included a massive nonsensical typo in its news release about the TikTok deal over the week…

Avery Hartmans   


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TikTok's deal with Oracle and Walmart lets it cling on to its most valuable asset — its algorithm

TikTok's recommendation algorithm is considered by experts to be the company's "secret sauce," and …

Isobel Asher Hamilton   


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TikTok's Chinese owner contradicted 2 of Trump's key boasts about its deal with Walmart and Oracle

Trump said the newly formed TikTok Global will have "nothing to do with China" and pay $5 billion t…

Isobel Asher Hamilton   


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Trump reportedly pushed again for a cut of the TikTok deal in a call with Oracle chairman Larry Ellison and Walmart CEO Doug McMillon

Trump doubled down on his stance that the US government should get paid, despite lawyers advising h…

Tyler Sonnemaker   


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Trump says he's not yet ready to sign off on a TikTok deal as his administration reportedly pushes for majority US ownership

Trump said he'll be briefed on a proposed deal Thursday as the White House reportedly angles for US…

Tyler Sonnemaker   


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1 min read

Walmart says it's still in talks with TikTok as an Oracle deal moves forward

Walmart, which had been working with Microsoft on a TikTok bid, says it's still interested in inves…

Hayley Peterson   


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How Walmart and Microsoft's bid for TikTok could take on Amazon

Here are the top media and advertising stories from Business Insider for August 28.

Lauren Johnson   


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Walmart confirms it's working with Microsoft in bid to acquire TikTok's US business

Walmart is the latest US company on a list of interested parties that includes Oracle, Twitter, and…

Hayley Peterson,Paige Leskin   


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How Walmart's latest tech acquisition could make 'last-mile' delivery fast and affordable — and beat Amazon at its own game

Walmart EVP of Global Technology Srini Venkatesan share his thoughts on the strategic benefits of l…

Áine Cain   


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Flipkart has ‘lived up to expectations so far’, says Walmart CEO, confirms IPO plans

Walmart International CEO and President Judith McKenna on Wednesday said that the US-based retailer…

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Walmart could exit from Flipkart because of India’s new FDI rules: Report

Walmart’s biggest ever deal in history could soon be a thing of the past. India’s new e-comm…