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Page 31 - Tiktok

TikTok owner ByteDance seeks $60 bn valuation in Oracle, Walmart deal

Oracle and Walmart have rights to buy 12.5% and 7.5% respectively of a newly established TikTok Global under an agreement that won the approval of President Donald Trump

TikTok owner ByteDance seeks $60 bn valuation in Oracle, Walmart deal
Updated On : 20 Sep 2020 | 2:08 PM IST

ByteDance says not aware of $5 billion education fund in TikTok deal

US President Donald Trump said he had approved a deal, which included a $5 billion education fund, to allow TikTok to continue to operate in the United States

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Updated On : 20 Sep 2020 | 9:02 AM IST

Oracle, Walmart target greater reach, social media toehold with Tiktok deal

Oracle and Walmart together could end up with as much as 20% of the entity, purchased in a round of financing that would precede an initial public offering

Oracle, Walmart target greater reach, social media toehold with Tiktok deal
Updated On : 20 Sep 2020 | 8:01 AM IST

US will delay the TikTok app store ban by a week over Oracle, Walmart deal

US Commerce Department announced a one-week delay until Sept. 27 in an order issued Friday that was set to require Apple Inc and Alphabet Inc's Google to remove the TikTok app for download

US will delay the TikTok app store ban by a week over Oracle, Walmart deal
Updated On : 20 Sep 2020 | 6:53 AM IST

Have given my blessing, says Trump on TikTok deal involving Oracle, Walmart

The deal mandates the creation of a new American company -- incorporated in Texas -- and the prospect of 25,000 new jobs

Have given my blessing, says Trump on TikTok deal involving Oracle, Walmart
Updated On : 20 Sep 2020 | 6:51 AM IST

China vows countermeasures over Trump govt's move to ban TikTok, WeChat

Amid worsening relations between two countries, China on Saturday said it resolutely opposed the move by the US to ban TikTok and WeChat and vowed to take countermeasures

China vows countermeasures over Trump govt's move to ban TikTok, WeChat
Updated On : 19 Sep 2020 | 8:29 PM IST

TikTok files complaint against Trump administration to try to block US ban

Popular video-sharing app TikTok has asked a U.S. judge to block the Trump administration from enforcing a ban on the Chinese social media network, according to court documents filed late on Friday

TikTok files complaint against Trump administration to try to block US ban
Updated On : 19 Sep 2020 | 3:12 PM IST

TikTok drags US govt to court over President Trump's threat of ban

Trump exceeded his authority when he moved to ban the app, and did so for political reasons rather than to stop an "unusual and extraordinary threat", said the complaint

TikTok drags US govt to court over President Trump's threat of ban
Updated On : 19 Sep 2020 | 11:23 AM IST

'Resolutely opposed' to US decision of banning WeChat, TikTok: China

China's Commerce Ministry said on Saturday it was "resolutely opposed" to the U.S. decision to ban WeChat and video-sharing app TikTok from U.S. app stores starting Sunday night

'Resolutely opposed' to US decision of banning WeChat, TikTok: China
Updated On : 19 Sep 2020 | 10:54 AM IST

What is the real impact of Donald Trump's action against TikTok?

Trump administration will ban TikTok from US app stores, a move that will block Americans from downloading or updating the Chinese-owned platform over concerns it poses a national security threat

What is the real impact of Donald Trump's action against TikTok?
Updated On : 19 Sep 2020 | 9:22 AM IST

US to ban app downloads of TikTok WeChat tomorrow over security threat

ByteDance plans to launch TikTok IPO in US and accept new Treasury terms

US to ban app downloads of TikTok WeChat tomorrow over security threat
Updated On : 19 Sep 2020 | 1:41 AM IST

TikTok asks Facebook to support its challenge against Donald Trump's ban

Facebook CEO Mark Zuckerberg said recently that he felt a TikTok ban would set a "bad long-term precedent" for the tech industry

TikTok asks Facebook to support its challenge against Donald Trump's ban
Updated On : 18 Sep 2020 | 11:49 PM IST

US imposes restrictions on transactions via WeChat, curbs on TikTok

The order doesn't apply to operations or cash transfers outside the US, which had been a concern of some US tech companies

US imposes restrictions on transactions via WeChat, curbs on TikTok
Updated On : 18 Sep 2020 | 6:13 PM IST

ByteDance plans TikTok IPO as deal talks with US advance: Report

ByteDance is racing to clinch an agreement with the White House that will stave off a U.S. ban on TikTok that President Donald Trump has threatened could happen as early as next week

ByteDance plans TikTok IPO as deal talks with US advance: Report
Updated On : 18 Sep 2020 | 7:39 AM IST

Oracle to get access to TikTok's source code to eliminate Chinese backdoors

TikTok parent ByteDance Ltd. and Oracle submitted these details in their proposal to the Trump administration with a goal of averting an outright sale of the app or a shutdown of its US operations

Oracle to get access to TikTok's source code to eliminate Chinese backdoors
Updated On : 18 Sep 2020 | 1:50 AM IST

Trump raises questions about TikTok-Oracle deal if ByteDance ties remain

Trump had previously threatened to ban the app unless its US operations were sold to a US company and the US government received a share of the proceeds

Trump raises questions about TikTok-Oracle deal if ByteDance ties remain
Updated On : 18 Sep 2020 | 1:50 AM IST

US investors, Oracle set to own majority stake in TikTok Global: Report

The U.S. Treasury submitted a revised term sheet to ByteDance late Wednesday to address national security concerns that was agreed to by the Chinese parent of TikTok

US investors, Oracle set to own majority stake in TikTok Global: Report
Updated On : 18 Sep 2020 | 12:16 AM IST

Top headlines: GST cut for auto sector unlikely, Happiest Minds IPO shines

Business Standard brings you the top headlines of the day

Top headlines: GST cut for auto sector unlikely, Happiest Minds IPO shines
Updated On : 17 Sep 2020 | 5:00 PM IST

ByteDance says China will have to approve TikTok's proposed Oracle deal

China will need to approve ByteDance's proposed deal with Oracle Corp for its TikTok app, the company has said on Thursday, indicating how its bid to stave off a ban in US could be further complicated

ByteDance says China will have to approve TikTok's proposed Oracle deal
Updated On : 17 Sep 2020 | 3:24 PM IST

ByteDance to place TikTok's global headquarters in US to escape Trump ban

China's ByteDance has decided to place the headquarters of its popular video platform app TikTok in the US in order to escape President Donald Trump's ban, official media here reported on Wednesday

ByteDance to place TikTok's global headquarters in US to escape Trump ban
Updated On : 16 Sep 2020 | 9:46 PM IST