Walmart

Chinese State Media Call TikTok Deal ‘Highway Robbery’

Last week, Chinese Communist state media were hailing a prospective deal between Chinese company ByteDance, Oracle, and Walmart for control of the TikTok social media platform as a huge win for ByteDance and China, and a crushing defeat for President Donald Trump — The terms of the deal, however, changed a little over the ensuing week, prompting Chinese media to denounce it as “highway robbery” on Friday.

President Donald Trump gave TikTok six weeks to sell its US operations

Report: AG Barr Not Sold on TikTok Deal

A recent report states that Attorney General William Barr remains unconvinced that a  recently announced partnership between the Chinese-owned social media app TikTok and U.S. companies Oracle and Walmart will safeguard user data from Chinese spying.

Attorney General William Barr talks to the media during a news conference about Operation Legend, a federal task force formed to fight violent crime in several cities, Wednesday, Aug. 19, 2020, in Kansas City, Mo. Behind Barr is Raphael Taliferro, and Charron Powell, the parents of 4-year-old LeGend Taliferro who …

5 Key Facts on the TikTok Global Deal

The Chinese-owned video-sharing app TikTok recently laid out a partnership with U.S. companies Oracle and Walmart in a deal that has delayed the banning of the app for American users — here are five key facts about the deal currently pending government approval.

TikTok video app

Report: Oracle Beats Microsoft in Bid for TikTok

Oracle has won the bidding to take over the U.S. operations of the Chinese-owned social media app TikTok, beating out Microsoft in a deal to allow the platform to continue operating in the United States. According to some sources familiar with the deal, it is closer to a “partnership” than an outright acquisition.

TikTok video app