After finessing regulators and stroking egos to get this deal done, Microsoft will rightfully expect a big discount if it buys TikTok. The size of that discount will prove CEO Satya Nadella’s worth.
Author: Agency Staff
The goal of blockchain start-ups to build a decentralised Internet always depended on wresting data storage away from giants like Amazon and Google. That missing piece of the puzzle may be solved.
Google is buying a 6.6% stake in home security firm ADT for $450-million in a deal that will allow it to provide service to customers of its Nest home security devices.
President Cyril Ramaphosa urged citizens to remain careful and adapt to measures necessary to limit the spread of the coronavirus pandemic as confirmed infections in the country breached 500 000.
TikTok owner ByteDance has accused Facebook of plagiarism and smears, and said it faced “complex and unimaginable difficulties” as it worked to grow into global company.
US President Donald Trump agreed to allow Microsoft to negotiate the acquisition of popular short-video app TikTok if it could secure a deal in 45 days, three people familiar with the matter said.
Telkom has branched into the competitive space of financial services by launching a life insurance business that it said will initially sell funeral insurance.
President Donald Trump will take action shortly on Chinese software companies that are feeding data directly to the Beijing government, posing a risk to US national security, secretary of state Mike Pompeo said.
Bitcoin reminded investors of both its promise and peril in trading this weekend. The world’s largest cryptocurrency rose to $12 112, its first foray above $12 000 since August 2019, before plunging.
President Donald Trump said on Friday he would sign an executive order as soon as Saturday to ban TikTok in the US, ratcheting up the pressure on the popular short-video app’s Chinese owner to sell it.