TikTok

TikTok Owner ByteDance Buys Chinese Payments Firm UIPay
TikTok Owner ByteDance Buys Chinese Payments Firm UIPay
September 04, 2020  |  International

ByteDance, the Chinese firm that at least for now owns all of TikTok, has purchased a Chinese payments company, Reuters reported Friday (Sept. 4). ByteDance...

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Report: SoftBank Eyeing Bid For TikTok In India
Report: SoftBank Eyeing Bid For TikTok In India
September 03, 2020  |  International

SoftBank Group Corp. wants a piece of TikTok, the popular but controversial video-sharing app. While Oracle, Microsoft Corp. and Walmart Inc. are the top contenders...

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Potential TikTok Buyers Look At Options Despite Chinese Regulations
Potential TikTok Buyers Look At Options Despite Chinese Regulations
September 02, 2020  |  Partnerships / Acquisitions

Prospective buyers of video-sharing service TikTok want to see ways to quickly acquire the app from parent ByteDance, with one option being buying the U.S....

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Today In Payments: Amazon India Adds Insurance, Gold; Walmart’s Stock Up 6 Pct On News Of Walmart+
Today In Payments: Amazon India Adds Insurance, Gold; Walmart’s Stock Up 6 Pct On News...
September 02, 2020  |  News

In today’s top news, Amazon India added insurance and gold to its offerings, and Walmart’s stock was up 6 percent yesterday (Sept. 1) after the...

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TikTok Sale Stalls Over Algorithm Uncertainty
TikTok Sale Stalls Over Algorithm Uncertainty
September 01, 2020  |  Partnerships / Acquisitions

After China created new limitations on the export of artificial intelligence (AI) technology, a potential deal for TikTok’s American operations is facing a hurdle as...

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Today In Payments: Walmart Debts $12.95 Membership, SEC Eyes Probe of Robinhood
Today In Payments: Walmart Debts $12.95 Membership, SEC Eyes Probe of Robinhood
September 01, 2020  |  News

In today’s top news, Walmart debuts its membership program, Walmart+, and the U.S. Securities and Exchange Commission (SEC) is eying a probe of Robinhood over...

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TikTok’s Options Grow As China Demands To OK Deal
TikTok’s Options Grow As China Demands To OK Deal
September 01, 2020  |  International

As the clock ticks on a possible sale of TikTok USA, the options for parent company ByteDance could be growing. China has thrown a curve ball into...

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Today In Payments: Bank Deposits Up As Consumers Hoard Cash; Bank Job Cuts Are Predicted
Today In Payments: Bank Deposits Up As Consumers Hoard Cash; Bank Job Cuts Are Predicted
August 31, 2020  |  News

In today’s top news, banks are flooded with cash as consumers hoard money, and banks are expected to cut personnel. Plus, China’s new regulations could...

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New China/US Cold War Fought Over X-Border Deals
New China/US Cold War Fought Over X-Border Deals
August 31, 2020  |  International

Only a few decades ago, the Cold War was fought between the United States and the former Soviet Union by speeches, spying and the looming...

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