TikTok Parent ByteDance Picks Oracle as Partner, Beating Microsoft

Oracle said it was part of a proposal submitted by ByteDance to the US Treasury in which it would serve as TikTok’s “trusted technology provider.” Oracle’s chairman Ellison is one of the tech world’s few Trump supportersByteDance informed Microsoft that it won’t be selling it TikTok USWalmart said it was still interested in investing inContinue reading “TikTok Parent ByteDance Picks Oracle as Partner, Beating Microsoft”

TikTok Parent ByteDance to Hand Out Cash Bonuses to Staff Amid US Pressure

The bonus could run into hundreds of millions of yuanByteDance CEO said that the staff had been working endless hoursByteDance’s cash bonuses was among the most discussed topics on Maimai TikTok owner ByteDance said on Tuesday it would hand out cash bonuses to employees working to help it “overcome challenges posed by the COVID-19 pandemicContinue reading “TikTok Parent ByteDance to Hand Out Cash Bonuses to Staff Amid US Pressure”

TikTok CEO Quits, find out why

California-based TikTok and its Chinese parent ByteDance rejected what they called the White House’s position that it was a national security threat. TikTok chief executive officer Kevin Mayer has quit, the company said in a statement. His resignation comes days after the popular short-form video-sharing app and one of its employees separately sued US President Donald Trump’sContinue reading “TikTok CEO Quits, find out why”

Forget TikTok, Focus on Semiconductors.

Where India could have leverage with China is not in manipulating ByteDance’s revenues but if it got into the semiconductor space. The Ministry of Electronics and Information Technology published a programme that outlines incentives that focus on electronics manufacturing (of which semiconductors are a subset). However, none of the above has translated into a significantContinue reading “Forget TikTok, Focus on Semiconductors.”

Design a site like this with WordPress.com
Get started