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Microsoft’s bid to purchase TikTok’s US operations was rejected, the company announced Sunday, with Oracle reportedly winning the bid to help run the popular social media app in the states. The deal between Tiktok’s Beijing-based owner ByteDance and Oracle is not believed to be structured as an outright sale, a source told The Wall Street …
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The Chinese government would reportedly rather see TikTok banned in the United States than allow a forced sale of the app to a US company. The popular video platform’s Beijing-based parent company, ByteDance, for the past month has been in discussions to sell its US business after President Trump issued an executive order banning TikTok …
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Microsoft’s shockingly low price for its upcoming Xbox Series S surprised more than just video game fans — it also stunned chief rival Sony. The Japanese gaming giant is under pressure to slash the MSRP of its upcoming PlayStation 5, which European blog Gamereactor reports was “considerably” higher than the prices Microsoft announced for its …
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TikTok’s Beijing-based parent company is reportedly in talks with the US government about a possible deal to avoid an outright sale of the popular app’s US operations. ByteDance and top US officials are negotiating possible arrangements that would allow it to maintain some ownership stake in TikTok while still satisfying the US’s demand that China …
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The next generation of video game consoles is right around the corner. Microsoft on Wednesday announced that its hotly anticipated Xbox Series X will hit stores on Nov. 10 with a price tag of $499. The machine will go up against Sony’s forthcoming PlayStation 5, which is also expected to make its debut in time …
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Microsoft has confirmed that its upcoming next-generation Xbox console will have a cheaper option for price-conscious consumers. In a tweet sent at 3 a.m. Tuesday, the Seattle-based tech giant unveiled a photo of the mini version of its new Xbox Series S console, which it said will sell for just $299. The console, which Microsoft …
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The Department of Defense on Friday reiterated its stance that Microsoft was the best recipient of its $10 billion cloud-computing contract, dealing a blow to Jeff Bezos’ industry leader Amazon. The Pentagon came to its conclusion following a four-month re-evaluation of the contract, which had been awarded to Microsoft over Amazon — long considered the …
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The mystery player behind the unprecedented summer-long rally in tech stocks appears to be the colorful billionaire CEO of Japanese conglomerate Softbank. Masayoshi Son, known for making big plays in tech giants like Alibaba and Uber, has spent billions of dollars buying options on individual tech stocks starting in the spring, according to multiple reports …
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Microsoft has released a tool designed to automatically identify deepfake videos. The tool, dubbed Microsoft Video Authenticator, is rolling out ahead of the US presidential election and is meant to help stop the spread of digitally altered videos. Video Authenticator will be able to “analyze a still photo or video” and give it a “confidence …
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The hotly-anticipated sale of TikTok to an American company is reportedly on hold as parties try to figure out if the app’s secret sauce algorithm will be included in the deal. The mega-popular video app was expected to be acquired as soon as this week, likely by a tag team of Microsoft and Walmart or …