NEW YORK: China's ByteDance has picked a consortium led by Oracle Corp for a deal for the US operations of short-video app TikTok, beating out rival bidder Microsoft Corp, a person familiar with the matter said on Sunday. ByteDance has been in talks to sell TikTok's US busines to potential...
SEATTLE: Microsoft said on Sunday (Sep 13) it was informed by Bytedance that it would not be selling TikTok's US operations to Microsoft. "We are confident our proposal would have been good for TikTok’s users, while protecting national security interests," Microsoft said in a statement.
Softbank Group Corp on Monday said it has agreed to sell chip designer Arm to Nvidia Corp for as much as US$40 billion.
SINGAPORE: Arranging and checking layouts for art works, corporate banners and signages before sending them for printing have been Ms Cheang Meng Ching’s key responsibilities as a desktop publisher for the past 10 years. But since May, her keen eye for detail has been put to quite different tasks...
The pandemic has forced coffee shops to close, or shift their business to a greater focus on takeaway and online sales, says an observer.
Developing countries have considered a leapfrog strategy of moving directly into services to boost growth but they shouldn’t give up on manufacturing, says Célestin Monga.
Saudi Arabia will partially lift its suspension of international flights as of Sept. 15 to allow "exceptional categories" of citizens and residents to travel, the state news agency SPA said on Sunday.
Gilead Sciences Inc will acquire biopharmaceutical company Immunomedics Inc for US$21 billion in a deal that would further expand Gilead's portfolio of cancer treatments, the companies said on Sunday in a statement.
SoftBank Group Corp executives are considering taking the Japanese technology group private as the company seeks a new strategy after disposing of several large assets, the Financial Times reported on Sunday (Sep 13).
SoftBank Group Corp executives are considering taking the Japanese technology group private as the company seeks a new strategy after disposing of several large assets, the Financial Times reported https://on.ft.com/2ZAauvz on Sunday.
