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2 mins read
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
2 mins read
TikTok owner ByteDance is reportedly eyeing a $60 billion valuation for TikTok Global
Bloomberg reported Oracle and Walmart will take 12.5% and 7.5% positions in TikTok Global and pay a…
Saloni Sardana
2 mins read
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
2 mins read
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
2 mins read
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
3 mins read
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
2 mins read
ByteDance floats US IPO for TikTok in effort to win White House approval
A TikTok IPO would likely mark the largest tech IPO in recent years. The company was recently value…
Matthew Fox
5 mins read
TikTok is racing to finalize a deal that could give Oracle and US investors a majority stake in the app. Here's what we know about the bid that could save TikTok from a US ban.
Many details of the deal are still unknown, but it appears to satisfy some of the US government's n…
Paige Leskin
2 mins read
TikTok owner ByteDance rejected Microsoft's bid for the app's US operations and is said to have chosen Oracle as its US 'technology partner'
Several news outlets reported ByteDance had named Oracle as a US partner, though the company's bid …
Lauren Frias
3 mins read
TikTok exceeds 100 million monthly users in Europe as US sale deadline looms
Europe will become TikTok's key market if it's banned in the US this week.
Chris Stokel-Walker
2 mins read
TikTok may be trying to negotiate its way out of being sold at all
According to a new report, ByteDance is discussing "possible arrangements" that could keep the comp…
Paige Leskin
5 mins read
Experts dissected TikTok's algorithm and say a US buyer will struggle to replicate its magic
A buyer can't afford to miss out on TikTok's algorithm.
Chris Stokel-Walker
3 mins read
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
2 mins read
TikTok CEO Kevin Mayer resigned as the Trump administration is pushing to ban the Chinese-owned app
Mayer joined TikTok in May as CEO and served as COO of its parent company ByteDance. He was formerl…
Lauren Frias
1 min read
Here's everything we know about TikTok's future in the US — and everything we don't
China and US flags are seen near a TikTok logo in this illustration picture taken July 16, 2020.Reu…
Paige Leskin
2 mins read
TikTok has entertained offers from potential buyers like Microsoft and Twitter to appease Trump while ByteDance has been preparing to fight back
NPR reported over the weekend TikTok is planning to sue the Trump administration regarding its exec…
Paige Leskin
2 mins read
TikTok's US fate reportedly rests on a brawl between two senior White House advisers
Trade adviser Peter Navarro and Treasury Secretary Steve Mnuchin reportedly had a "shouting match" …
Shona Ghosh
2 mins read
A new report says that Microsoft is expanding its acquisition interest in TikTok to include the entire global business, but a source says it isn't true
A person familiar with the matter told Business Insider the Financial Times report is "completely f…
Paige Leskin
3 mins read
Buying TikTok's US operations could reportedly cost Microsoft anywhere from $10 billion to $30 billion
Microsoft has emerged as the frontrunner to acquire TikTok's US operations as ByteDance struggles t…
