Brian WarmothOracle stock surges after it confirms deal with TikTok-owner ByteDanceverified_publisherCNBC - Jordan NovetShares of Oracle jumped 4.3% Monday after it confirmed that ByteDance has selected it as a partner to help it save its U.S. TikTok business. Trading …
Brian WarmothNvidia is acquiring Arm for $40 billionverified_publisherThe Verge - Kim LyonsThe deal had been rumored for weeks Nvidia said Sunday it is acquiring chipmaker Arm from SoftBank for $40 billion. Arm will operate as a division of Nvidia and will remain headquartered in the UK, and, will “continue to operate its open-licensing model, while maintaining its global customer …
Brian WarmothMicrosoft says it’s not acquiring TikTok after ByteDance rejects offerverified_publisherThe Verge - Tom WarrenMicrosoft won’t be taking over TikTok’s US operations Microsoft says it’s not acquiring parts of TikTok’s operations, after its bid was rejected by TikTok owner ByteDance. After weeks of talks and very public back and forths involving the Trump administration, Microsoft ultimately failed in its …
Brian WarmothNew bidders reportedly emerge for TikTok in the US as powerful critics assail the processverified_publisherTechCrunch - Jonathan ShieberThe Wall Street Journal is reporting that TikTok and Twitter have held talks about a potential merger, even as the video sharing company defends itself against President Donald Trump’s pressure to force the sale of the business or potentially ban it. As the internationally distributed video …
Brian WarmothAmazon reportedly considering mall space for fulfillment centersverified_publisherThe Verge - Kim LyonsThe Wall Street Journal says the e-comm giant has had talks with mall owner Simon Property Group Amazon has had talks with Simon Property Group about converting some of its mall spaces into fulfillment centers, The Wall Street Journal reported. The conversations started before the coronavirus …
Brian WarmothGoogle will keep employees working remotely until July 2021verified_publisherThe Verge - Kim LyonsAlphabet CEO Sundar Pichai emailed employees Monday to announce the plan Google plans to keep 200,000 full-time and contract employees working remotely until at least July 2021, The Wall Street Journal reported. Other tech firms have announced long-term plans to keep employees working from home due …
