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For a guy who has pushed massive deregulation, President Trump certainly likes to insert himself into the business world on a granular basis. He ridicules Amazon’s CEO Jeff Bezos as “Jeff Bozo” and threatens the company’s contracts with the federal government — not because Amazon does a poor job, but because Bezos owns The Washington …
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Walmart is reportedly entering the fray to acquire popular video app TikTok, and is willing to partner with Microsoft to pull off the deal. The retail juggernaut confirmed its interest in the social media platform to CNBC Thursday morning, saying that the “way TikTok has integrated e-commerce and advertising capabilities in other markets is a …
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TikTok CEO Kevin Mayer’s sudden resignation after just 100 days on the job signals a sale of the controversial social media app is imminent, according to a new report. Mayer, who only joined TiKTok from Disney in May, decided to leave the popular social media app after it became clear that he would likely not …
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Microsoft has joined “Fortnite” developer Epic Games in its battle against Apple over app fees. The software giant co-founded by Bill Gates said in a Sunday court filing that Apple’s threat to cut off Epic from its developer tools later this week would hurt not only Microsoft’s gaming business, but that of other companies as …
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Oracle is reportedly looking to purchase TikTok, giving Microsoft more competition for a politically sensitive acquisition of the popular video-sharing app. The software giant led by President Trump-supporting billionaire Larry Ellison has held preliminary talks with TikTok’s Chinese parent company, ByteDance, as it “seriously” considers purchasing the app’s operations in the US, Canada, Australia and …
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Microsoft plans to reenter the smartphone market next month with a giant, foldable phone that’s priced at $1,400. The Surface Duo — which features two 5.6-inch OLED displays connected by a hinge in the middle — is the thinnest folding phone in the world, Microsoft claims. Following nearly a year of teases since the initial …
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The 1990s were simpler times. The news was dominated by Bill Clinton’s various sexual escapades, but also a bubble in internet-related stocks that was partly fueled by the democratization of stock trading. The latter inflated the stock market generally, and if you’re old enough to remember, pretty much crashed it. Newbie investors took the brunt …
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TikTok has threatened legal action following President Trump’s late-night executive order banning transactions beginning in 45 days between American firms and the Chinese parent company of the popular social media app. In an unsigned blog posted on its website, TikTok said that it was “shocked” by the president’s order, which it said was “issued without …
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President’s Trump looming TikTok ban may only be the beginning of the popular video app’s headaches, as a growing number of nations are becoming suspicious of its ties to China. US ally Australia is reportedly looking at TikTok’s Beijing-based parent company ByteDance to see whether it poses a security threat to the country’s 25 million …
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Apple has no interest in acquiring TikTok, the company said on Tuesday, denying a report by news website Axios from earlier in the day. Axios, citing sources outside Apple, earlier reported the iPhone maker has expressed interest in buying the ByteDance-owned firm. Microsoft is currently negotiating a deal to acquire the popular short-video app, with …