ByteDance has announced that it will reward its staff amid discussions over the acquisition of TikTok in the U.S. The imposed deadline is approaching rather quickly.
Samsung recently won a $6.64 billion order from Verizon to provide network solutions. The win will help Samsung expand services to more countries.
With ByteDance based in China, it will have to comply with the Chinese regulators before going ahead with the TikTok sale.
The 2020/21 season of the English Premier League just became even more exciting before the September kick-off! Sportsbet.io is proud to announce that it will be the Main Club Partner of Southampton Football Club.
Nestle S.A. has secured a $2.6 billion acquisition deal with Aimmune (AIMT). Starting with Aimmune’s Palforzia, Nestle hope to expand its food allergy portfolio.
Since President Donald Trump issued the executive order prompting TikTok to get acquired by a U.S.-based company or to risk being banned in the country, some companies have already shown their interest in buying TikTok.
If the TikTok deal goes through, it can give a massive boost to Walmart’s online advertisement and e-commerce business. Besides, Walmart will have a strong footprint in the social media world competing directly against giants like Facebook, Amazon, and Alphabet.
Wirecard has already laid off a number of employees in its Germany office. The company believes that most of its 80 UK employees would be absorbed by Railsbank.
Before now, Walmart wanted to be sole owner of TikTok U.S., and also partnered with SoftBank and Alphabet for the acquisition.
The e-commerce retail giant Walmart is the new player in the race for acquiring the Chinese social media platform TikTok. However, Walmart will be joining Microsoft in the bid for TikTok. Walmart sees a massive opportunity in integrating TikTok’s audience to its e-commerce retail business.
Details of the acquisition show that Delivery Hero which valued InstaShop at $360 million made an upfront payment of $270 million with plans underway to pay another $90 million to complete the deal.
Bison Trails announced today extending of collaboration with Coinbase Custody. This integration combines Coinbase Custody’s institutional-grade offline storage solution with the Bison Trails infrastructure platform, allowing Coinbase Custody clients to seamlessly stake their DOT to Bison Trails’ validators.
TikTok U.S. general manager Vanessa Pappas will replace Kevin Mayer who served as TikTok CEO for less than three months.
A push by the Trump administration has got Microsoft to consider a massive acquisition of TikTok’s global operations. It remains to be seen if Microsoft is willing to shell some more tens of billions of dollars for this deal.
Ethereum-focused industry startup ConsenSys announced on Tuesday that it had acquired JPMorgan’s Quorum blockchain unit. Earlier JPMorgan was directly involved in funding the ConsenSys quest in the seamless adoption of blockchain technology.