TikTok

Report: China Must Approve TikTok Sale Under Its New Rules On AI
Report: China Must Approve TikTok Sale Under Its New Rules On AI
August 30, 2020  |  Partnerships / Acquisitions

As TikTok, the short video-sharing app, faces a Sept. 15 deadline to sell its U.S. operations to an American company, its sale could be slowed...

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Today In Payments: Facebook Calls Out Apple; DC AG Sues Instacart
Today In Payments: Facebook Calls Out Apple; DC AG Sues Instacart
August 28, 2020  |  News

In today’s news, Facebook called out Apple on its fee structure and transparency, and D.C.’s attorney general is suing Instacart for pocketing tips meant for...

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TikTok’s Interim CEO Bullish On Possible Walmart Deal
TikTok’s Interim CEO Bullish On Possible Walmart Deal
August 28, 2020  |  Partnerships / Acquisitions

Some market watchers say the proposed marriage of Walmart Inc. with TikTok would make an odd couple.  But the interim CEO of the popular video-sharing...

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Walmart Angles For TikTok Stake
Walmart Angles For TikTok Stake
August 28, 2020  |  Partnerships / Acquisitions

As the clock ticks down on TikTok‘s Chinese owner’s search for a buyer of the company’s U.S. assets, new details are emerging that show just...

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Today in Payments: Amazon To Open First LA Supermarket; TikTok CEO Quits Amid Controversy
Today in Payments: Amazon To Open First LA Supermarket; TikTok CEO Quits Amid Controversy
August 27, 2020  |  Payments Innovation

Plus, Rep. David Cicilline will deliver recommendations next month on how to rein in Big Tech in antitrust issues. Amazon Opens First LA Supermarket With...

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Report: Walmart Joins Microsoft On TikTok Bid
Report: Walmart Joins Microsoft On TikTok Bid
August 27, 2020  |  Partnerships / Acquisitions

A new player has entered the high stakes bid to purchase TikTok, the controversial but popular short video sharing app. Walmart confirmed it is teaming...

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TikTok CEO Quits Amid Controversy
TikTok CEO Quits Amid Controversy
August 27, 2020  |  Personnel

After being on the job for just 90 days, TikTok CEO Kevin Mayer said he will quit as the popular short video sharing company gets...

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Two Big ByteDance Investors Reportedly Back Oracle’s Bid For TikTok
Two Big ByteDance Investors Reportedly Back Oracle’s Bid For TikTok
August 24, 2020  |  Partnerships / Acquisitions

Investment firms Sequoia Capital and General Atlantic, which are major investors in TikTok‘s parent ByteDance, are pushing the firm to sell TikTok’s U.S. arm to...

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TikTok Has 100M US Active Monthly Users
TikTok Has 100M US Active Monthly Users
August 24, 2020  |  Mobile Applications

TikTok, in its lawsuit challenging a ban by the President Donald Trump administration, revealed its monthly users have grown almost 800 percent since January 2018,...

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