President Donald Trump’s unprecedented demand that the US get a cut of the proceeds from the forced sale of TikTok is based on an interpretation of law that may be open to challenges.
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China will not accept the “theft” of a Chinese technology company and is able to respond to Washington’s move to push ByteDance to sell TikTok’s US operations, the China Daily newspaper said.
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.
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.
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.
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.
After briefly entering the PC market in South Africa a few years ago and then beating a strategic retreat, Huawei is poised to reintroduce its MateBook laptops in the local market.
The biggest US technology companies have gone on a buying spree this year, waving off intense scrutiny from competition watchdogs and critics who say they’ve bolstered their power by snatching up nascent rivals.
Microsoft’s flagship cloud computing business, Azure, reported quarterly sales growth of under 50% for the first time ever on Wednesday, sending the tech giant’s shares down 2%.
Workspace messaging app developer Slack Technologies on Wednesday asked European antitrust regulators to investigate Microsoft for allegedly abusing its market dominance.