Oracle Reportedly Joins Hunt to Buy TikTok, Challenging Microsoft Bid

Nancy Tartaglione International Box Office Editor/Senior ContributorRefresh for latest…: Christopher Nolan’s Tenet added a further estimated $58.1M at the international box office this weekend, taking the overseas cume on the Warner Bros title to $126M after two sessions. With the time-bending film debuting in the U.S.

Disney film’s online release yesterday (September 4).After the film’s initial March release date in cinemas, which was curtailed due to the coronavirus outbreak, the film finally arrived on the Disney+ streaming service this week.Fans have been calling for a boycott of the film due to star Liu Yifei’s reported support of Hong Kong police during ongoing clashes in the country.Posting on Chinese social media site Weibo (via The Los Angeles Times) last year, Liu shared a statement from reporter Fu

Dade Hayes Finance EditorWalmart stock is up more than 5% — a major move for the typically sleepy large-cap shares — on news that the retail giant is interested in teaming with Microsoft to make a bid for TikTok.Microsoft, along with Oracle and Twitter, has already been in the mix as a potential acquirer of the fast-growing social platform’s U.S. operations.Owned by ByteDance, a conglomerate founded by a Chinese entrepreneur, TikTok ran afoul of U.S.

Todd Spangler NY Digital EditorNeedless to say, this isn’t how Kevin Mayer expected his bold career move to go.Mayer, after just three months on the job as TikTok’s CEO and chief operating officer of Chinese parent company ByteDance, said Wednesday that he is resigning amid the tumultuous geopolitical climate battering TikTok — led by Donald Trump’s anti-China agenda — which ultimately will force ByteDance to sell the TikTok app business in the U.S. (and likely other countries).

Donald Trump following a recent order from the Trump administration to ban the app in the US.Earlier this month, the US president ordered a ban of “transactions” with the owners of TikTok and fellow Chinese app WeChat.TikTok then said they were threatening legal action against the government, and this action has now arrived.In a new statement, TikTok says that Trump’s comments about the app violates TikTok’s right to due process, and that the president offers no reasoning for his claims that the

Dade Hayes editorTikTok, the rapaciously growing social media platform controlled by ByteDance, disclosed the size and surge of its user base for the first time in a lawsuit filed Monday against President Donald Trump.Privately held ByteDance, founded by Chinese internet entrepreneur Zhang Yiming, revealed it has 100 million monthly active users, up from 91.9 million in June and more than double the 39.9 million of last October.

Donald Trump and his administration.It comes after the US President ordered a ban of “transactions” with the owners of TikTok and fellow Chinese app WeChat earlier this month.The order states that the app has 45 days to find a new US-based owner or else Trump will ban the use of the social media platform nationwide.

Todd Spangler NY Digital EditorTikTok has a message for Donald Trump: See you in court.The short-form video app company, currently owned by Chinese internet giant ByteDance, confirmed that it plans to file a lawsuit challenging U.S. President Trump’s Aug.

Alexandra Del Rosario Associate Editor/Nights & WeekendsTikTok has taken its stance in the cyber clash against Donald Trump with plans to sue the president and his administration.On Saturday, the app, owned by China’s ByteDance, told The Wall Street Journal that it is preparing to issue a lawsuit against the Trump administration for its inability to follow due process.“For nearly a year we have sought to engage in good faith to provide a constructive solution,” a TikTok rep told WSJ.

Hilary Duff, The Jonas Brothers, Demi Lovato, Miley Cyrus and more used to film for the Disney Channel? Well, thanks to TikTok user Devin Davis (@devdeodav), an «Iconic Disney Stars Chain» was created that challenged former Disney stars to redo the promos… with a twist.Instead of drawing Mickey Mouse ears with an animated wand, Davis requested stars like Selena Gomez, Vanessa Hudgens, Ashley Tisdale, Debby Ryan, China Anne McClain and more use their nose to make the shape, with a special effects

Todd Spangler NY Digital EditorWithin two months, TikTok’s U.S. business likely will be under the wing of a new owner — after Donald Trump’s move to force China’s ByteDance to divest the popular video app over what he says are national-security concerns.Amid that backdrop of uncertainty, TikTok is carrying on in business-as-usual fashion: Starting this week in the U.S., it’s unleashing its biggest ad campaign to date, aiming to lure even more American users to the platform.

Tom Grater International Film ReporterU.S. software giant Oracle has become the latest company to enter the mix to acquire social media platform TikTok from Chinese outfit ByteDance, according to multiple reports.CNBC is saying that Oracle and Microsoft are “far ahead” of other companies reportedly in the race for the popular but controversial service, which has been under a cloud in the U.S.

Bruce Haring, Ted Johnson UPDATE: A new executive order from President Donald Trump has set a 90-day deadline for China’s ByteDance to sell or spin-off its US TikTok business.“There is credible evidence that leads me to believe that ByteDance … might take action that threatens to impair the national security of the United States,” Trump said in his order, issued Friday.ByteDance issued a statement in response to the new order “As we’ve said previously, TikTok is loved by 100 million Americans

Todd Spangler NY Digital EditorPresident Trump, in a new executive order Friday evening, set a 90-day deadline for China’s ByteDance to fully divest the U.S. assets of TikTok based on the U.S.

Rebecca Davis editorU.S. President Donald Trump last week signed an executive order that will effectively ban TikTok, unless the app is sold to a U.S.