by Surur
3 months
We had assumed a few months ago that Microsoft has been forced to bid on TikTok by their relationship with the US Government, but it seems in fact that Microsoft is pretty interested in getting involved in short-form video social ...
by Pradeep
6 months
President Donald Trump today announced that WeChat and TikTok apps will be banned to safeguard the national security of the United States. From September 20, WeChat and TikTok will not be available from Google Play Store and Apple...
by Pradeep
6 months
Last night, WSJ reported that Oracle may have won TikTok’s bid in the US. Now, Microsoft has confirmed that ByteDance has rejected its bid for TikTok’s US operations. Microsoft published the following statement regardi...
by Surur
6 months
Drawing a close to one of the more bizarre stories of 2020 (and that is saying a lot), the Wall Street Journal reports that Oracle has won the bidding war for the US operation of TikTok. Things are a bit more complicated, however,...
by Surur
6 months
We reported recently that China would rather lose TikTok in USA than allow ByteDance to be forced to sell the company, and it seems that outcome is now very likely. With days to go before the September 15th deadline, the South Chi...
by Surur
6 months
TikTok’s owners are currently being forced to sell their overseas operations by the US Government, who cite security concerns. Until recently the Chinese government has been rather passive about the whole affair, but two wee...
by Surur
6 months
Bytedance is currently being forced by so sell their US division by the Trump administration, but whoever buys it may end up getting a shell of the product, following a recent move by the Chinese government. China has just updated...
by Surur
6 months
In what has become just another chapter in the strangest timeline, Oracle has pulled ahead in the race to acquire TikTok, according to The Wrap offering more than $20 billion in cash and stocks. We reported last week that Oracle w...
by Pradeep
6 months
Early today, we reported that Microsoft may announce the TikTok acquisition deal in the next 48-hours. TikTok is planning to sell its U.S., Canadian, Australian and New Zealand operations for about $20 billion to $30 billion range...
by Pradeep
6 months
Last night, TikTok CEO Kevin Mayer resigned from the company. It is important to note that Kevin Mayer joined the company just over 100 days ago. “We appreciate that the political dynamics of the last few months have significant...