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Chinese State Media Call TikTok Deal ‘Highway Robbery’

Last week, Chinese Communist state media were hailing a prospective deal between Chinese company ByteDance, Oracle, and Walmart for control of the TikTok social media platform as a huge win for ByteDance and China, and a crushing defeat for President Donald Trump — The terms of the deal, however, changed a little over the ensuing week, prompting Chinese media to denounce it as “highway robbery” on Friday.

President Donald Trump gave TikTok six weeks to sell its US operations

Report: AG Barr Not Sold on TikTok Deal

A recent report states that Attorney General William Barr remains unconvinced that a  recently announced partnership between the Chinese-owned social media app TikTok and U.S. companies Oracle and Walmart will safeguard user data from Chinese spying.

Attorney General William Barr talks to the media during a news conference about Operation

5 Key Facts on the TikTok Global Deal

The Chinese-owned video-sharing app TikTok recently laid out a partnership with U.S. companies Oracle and Walmart in a deal that has delayed the banning of the app for American users — here are five key facts about the deal currently pending government approval.

TikTok video app

Report: Oracle Beats Microsoft in Bid for TikTok

Oracle has won the bidding to take over the U.S. operations of the Chinese-owned social media app TikTok, beating out Microsoft in a deal to allow the platform to continue operating in the United States. According to some sources familiar with the deal, it is closer to a “partnership” than an outright acquisition.

TikTok video app

Walmart Rolls Out 2-Hour Grocery Delivery Service

Retail giant Walmart is reportedly testing a new ‘express’ grocery delivery service promising two-hour deliveries as record usage of third-party delivery services during the Wuhan coronavirus pandemic has led to delayed orders, fewer open delivery windows, and more stress for customers not willing to visit brick and mortar shops. The service will be rolled out to nearly 2,000 stores in May.

A shopper walks down an aisle in a newly opened Walmart Neighborhood Market in Chicago Sep