ByteDance abandoned the sale of TikTok in the United States on Sunday in pursuit of a partnership with Oracle Corp that it hopes will spare it a U.S. ban while appeasing China’s government, people familiar with...
Microsoft says ByteDance rejected its bid for TikTok in the US
Microsoft Corp. said its bid for TikTok’s U.S. operations was rejected by ByteDance Ltd., the Chinese parent of the video-sharing social site. “ByteDance let us know today they would not be selling TikTok’s US...
ByteDance in talks with US to avoid selling TikTok: Report
Chinese internet giant ByteDance is in talks with the US about ways it might avoid having to sell its TikTok operations here, the Wall Street Journal reported Wednesday. TikTok has been at the center of a diplomatic...
Astute acquires Czech-based social media marketing group Socialbakers
U.S. software company Astute has acquired Czech-based social media analytics firm Socialbakers, the companies said on Wednesday. Financial details were not disclosed. Beginning as a startup over a decade ago...
TikTok’s sale may run into tech hurdles
Technology transfer curbs and the rise of rival platforms could make any acquisition of TikTok India a tough affair, two industry experts said. On Thursday, Mint reported that SoftBank, a minority stakeholder in...
China’s new tech export controls could give Beijing a say in TikTok sale
China’s new rules around tech exports mean ByteDance’s sale of TikTok’s U.S. operations could need Beijing’s approval, a Chinese trade expert told state media, a requirement that would complicate the forced and...
Centricus, Triller seek to buy TikTok assets for $20 billion
Centricus Asset Management Ltd. and Triller Inc. are seeking to buy TikTok’s operations in the U.S. and several other countries from ByteDance Ltd. for $20 billion, according to a person familiar with the matter...
Google CEO Sundar Pichai rules out buying TikTok
Google Chief Executive Officer Sundar Pichai said the company has no plans to acquire TikTok. During an interview on the podcast show Pivot Schooled, Pichai was asked whether Google was going to buy the popular video...
General Atlantic, Sequoia Capital are key drivers in Oracle bid for TikTok
General Atlantic and Sequoia Capital, two major investors in TikTok’s Chinese parent company, are maneuvering to be part of a deal to acquire the U.S. operations of the popular video-sharing app as it seeks to avoid a...
Oracle joins bid for TikTok’s U.S. operations, sources say
Oracle Corp has joined some of the investors of TikTok’s Chinese owner, ByteDance, in pursuing a bid for the popular short-video app’s operations in North America, Australia and New Zealand, according to people familiar...
Oracle in talks to buy TikTok’s US business: Report
Oracle Corp. has held preliminary talks with ByteDance Ltd. on a potential bid for part of TikTok’s business, seeking to rival Microsoft Corp. in the race to acquire the viral video streaming app, the Financial Times...
Short-video app Mitron raises $5 million in Series A funding
Just a month after raising ₹2 crore in a seed round, homegrown short-form video app Mitron has raised another $ 5 million as a part of its Series A financing led by Nexus Venture Partners. Existing investors 3one4...
