{"id":66393,"date":"2020-09-14T16:59:00","date_gmt":"2020-09-14T13:59:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/walmart-still-interested-in-tiktok-deal-despite-microsofts-rejection\/"},"modified":"2020-09-14T16:59:00","modified_gmt":"2020-09-14T13:59:00","slug":"walmart-still-interested-in-tiktok-deal-despite-microsofts-rejection","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/walmart-still-interested-in-tiktok-deal-despite-microsofts-rejection\/","title":{"rendered":"#Walmart still interested in TikTok deal despite Microsoft\u2019s rejection"},"content":{"rendered":"

“#Walmart still interested in TikTok deal despite Microsoft\u2019s rejection<\/strong>”<\/p>\n

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September 14, 2020 |<\/span> 9:59am <\/p>\n

\n Walmart says it is still pursuing a deal with TikTok even though its bidding partner, Microsoft, is out of the race to acquire the popular app<\/a>.<\/p>\n

America\u2019s biggest retailer confirmed its continued interest in the video-sharing platform Sunday as Microsoft revealed TikTok parent ByteDance had rejected its offer. The Beijing-based firm has instead chosen California-based software firm Oracle as its US technology<\/a> partner, according to reports.<\/p>\n

\u201cWalmart continues to have an interest in a TikTok investment and continues discussions with ByteDance leadership and other interested parties,\u201d Walmart said in a statement. \u201cWe know that any approved deal must satisfy all regulatory and national security concerns.\u201d<\/span><\/p>\n

A ByteDance spokesman did not immedia<\/a>tely respond to a Monday morning email asking about the company\u2019s talks with Walmart.<\/p>\n

Walmart announced in late August that it was working with Microsoft to acquire TikTok as the Trump administration pressed ByteDance to sell the app\u2019s US operations over national security and data privacy concerns.<\/p>\n

Analysts have said Walmart could use the app \u2014 which has 100 million US users and is popular with teens and young adults \u2014 to build up its e-commerce business and sell advertisements to other companies.<\/p>\n

ByteDance is facing a tight deadline to finalize its deal with Oracle. President Trump has ordered the company to dump TikTok\u2019s US operations by Nov. 12, while a separate order banning transactions between ByteDance and American firms will take effect Sept. 20.<\/p>\n

Walmart shares rose about 0.2 percent to $137.04\u00a0in early trading Monday.\n <\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n

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Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

“#Walmart still interested in TikTok deal despite Microsoft\u2019s rejection” September 14, 2020 | 9:59am Walmart says it is still pursuing a deal with TikTok even though its bidding partner, Microsoft, is out of the race to acquire the popular app. America\u2019s biggest retailer confirmed its continued interest in the video-sharing platform Sunday as Microsoft revealed…<\/p>\n","protected":false},"author":1,"featured_media":66394,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[68971],"class_list":["post-66393","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-walmart-still-interested-in-tiktok-deal-despite-microsofts-rejection"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/66393","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=66393"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/66393\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/66394"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=66393"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=66393"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=66393"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}