Twitter has approached TikTok's Chinese owner ByteDance to express interest in acquiring the US operations of the video-sharing app, two people familiar with the matter told Reuters, as experts raised doubts over Twitter's ability to put together financing for a potential deal.
Toshiba has finally quit the laptops market and transferred all its stake in the personal computer business to Sharp. The new development comes over two years after the Tokyo-headquartered company sold 80.1 percent shares of Toshiba Client Solutions to Sharp back in June 2018.
Microsoft confirmed that it is in talks with ByteDance to acquire the US arm of its popular short-form video sharing app TikTok and has discussed with President Donald Trump his concerns about security and censorship surrounding such an acquisition.
US President Donald Trump has agreed to give ByteDance 45 days to negotiate a sale of its popular short-form video sharing app TikTok to Microsoft, revealed sources.
Microsoft’s talks to buy the US operations of TikTok provoked an outcry on Chinese social media as well as drew criticism from prominent ByteDance investor, Fred Hu.
Some investors of TikTok's parent company ByteDance seeking to take over the popular social media app are valuing it at about $50 billion (roughly Rs. 3.73 lakh crores), significantly more than peers such as Snap, according to people familiar with the matter.
Nvidia is in advanced talks to acquire ARM, the chip designer that SoftBank Group bought for $32 billion four years ago, according to people familiar with the matter.
Flipkart on Thursday launched the Flipkart Wholesale as a digital marketplace to serve local kirana stores and micro, small, and medium enterprises (MSMEs) in India. The e-commerce company is acquiring 100 percent stake in Walmart India to enable the new experience.
Google has offered not to use health data of fitness tracker company Fitbit to help it target ads in an attempt to address EU antitrust concerns about its proposed $2.1 billion acquisition, the US tech company said late on Monday.
Uber Technologies has agreed on a deal to buy food-delivery app Postmates Inc in a $2.65 billion all-stock agreement, Bloomberg News reported late Sunday, citing people familiar with the matter.
Uber Technologies on Monday offered to buy Postmates in a $2.65 billion all-stock deal, looking to expand its reach in the food-delivery services arena while more people order at home due to coronavirus-led restrictions.
Tencent said Thursday it had bought some assets of struggling Asian streaming service Iflix, in a major expansion of its online video presence in the region.
The Competition Commission of India (CCI) has approved the acquisition of 9.99 percent stake in Jio Platforms by Facebook’s Jaadhu Holdings LLC.
Ola Electric looks to introduce Etergo’s electric vehicles across India to introduce a clean solution for urban mobility by 2021.
Facebook is acquiring Giphy, a popular website for making and sharing animated images, or GIFs, and will integrate it with its rapidly growing Instagram photo-sharing app, Facebook said in a blog post on Friday.
The National Company Law Appellate Tribunal (NCLAT) on Thursday set aside traders' body CAIT's plea against the Competition Commission of India's (CCI) approval for Walmart's acquisition of e-commerce major Flipkart.