Newspaper Financial Times found that IT-Oracle Corporation wants to buy Chinese video service TikTok. About this edition with reference to sources wrote on August 18.
Official information about negotiations in ByteDance (it owns TikTok), nor Oracle did not comment.
According to sources of FT, the company also is negotiating with investors who own shares in ByteDance: particularly, the joint stock company of General Atlantic and venture capital funds of Sequoia Capital.
It is about the purchase of service assets in the United States, Canada, Australia and New Zealand. The main contender for the purchase TikTok considered to be Corporation Microsoft – in August, it resumed negotiations with ByteDance, which was suspended in July. The deal was discussed again after CEO Satya Nadella spoke with US President Donald Trump. Negotiations were suspended amid Trump’s statements about a possible blockade of the service in the country.
Among other candidates for the purchase of TikTok mentioned Apple and Twitter. The first company, Axios sources said, had expressed “serious interest” in acquiring the assets, but the corporation itself said it was not negotiating. Twitter was negotiating with the company at an early stage, but FT interlocutors have doubts that social networks will be able to finance the deal. In addition, Facebook and Google have shown interest in buying TikTok, according to Fox Business sources.
On August 7, Trump signed a decree of banning deals with ByteDance for Americans. The president explained the decision by security threats – the US authorities believe that ByteDance transmits personal data of users to China. Shortly before the decree was signed, Trump said that the service could be blocked in the United States if it is not bought by one of the American companies. The document will come into force after 45 days its signing.
IT giant Google and Singapore’s state-owned investment company Temasek have invested in Indonesia’s largest online store Tokopedia, writes Nikkei Asian Review. The amount of investments is not disclosed. In October, Bloomberg reported that Tokopedia was going to raise about $ 350 million from Google and Temasek. This is Google’s second investment in the Indonesian unicorn. […]
The French company has developed an augmented reality application for digital makeup. The Signature Faces application allows you to apply filters to your face in real time. “We believe that everyone is beautiful by themselves, but in a world where the camera is always on, it’s normal to want to “play” with filters. We want […]
Shares of Amazon, which rose by 73.8% since the beginning of the year (more than the growth of Apple, Microsoft, Google and Facebook), fell 2% after closing trading on Thursday, when the company released a report for the 3rd quarter, which ended September 30. Amazon set a new revenue record, e-commerce increased sales by 57% […]
Shares of Alphabet, which rose 18.2% over the past 6 months, rose 9% after closing trading on Thursday when the global advertising giant announced significant improvements in the reporting quarter. Google’s parent financial report far exceeded analysts’ expectations and showed a resumption of advertising revenue growth after reporting a drop in revenue for the first […]
According to trading data, securities of the microblogging service Twitter Inc. after the close of the main trading session in the US fell in price by more than 17%, also according to financial statements, in the red were the shares of US technology giants Amazon, Apple and Facebook, only Alphabet reporting pleased investors. Thus, shares […]
Apple has intensified work on its own search service, which will become a competitor to Google, writes the Financial Times, citing interlocutors in the mobile industry. One of the signs of this, the interlocutors called the fact that after updating the iOS operating system, Apple began to show its own search results and provide direct […]
In the last week of October, investors expect a lot of news, as more than one-third of the components of the S&P 500 index, or 186 companies, must report financial results for the third quarter. The information field is even richer given the election race in the United States, the situation with the pandemic and […]
The United States plans to announce the readiness of the American vaccine against the coronavirus infection COVID-19 in the near future. The promise was made on Thursday by US President Donald Trump during the final round of election debates with the Democratic candidate Joe Biden at Belmont University in Nashville, Tennessee. This was reported by […]
The parent company of the Google – Alphabet announced that the company will invest to Bebor Technologies $ 380 million, – reports The Wall Street Journal. According to the deal, the Alphabet company will receive shares in the Bebor Technologies for $ 148 million. Dine Green, one of the head of Alphabet company expressed positive […]
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NextThe LNZ Grour company invested more than 25 mln. UAH in the social sphere of Shpolyansky district in Cherkasy region in 2015. In this region is concentrated the main production of the enterprise. The same amount for social needs LNZ Grour plans to invest in 2016. As said Anatoly Tkachenko, the director of Lebedinsky plant (the […]
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NextLDaily has prepared for the readers the short overview of latest news in the sphere of business and finance for last week. If you missed something, you would have a good opportunity to correct it. 1.Trump won: the companies begin to take out assets abroad By the last calculations, Donald Trump has won in […]
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