Jasper, an Early Generative AI Winner, Cuts Internal Valuation as Growth SlowsRead more

Photo by Bloomberg

Walmart Joined Microsoft’s Bid for TikTok

Photo: Photo by Bloomberg

Microsoft and Walmart jointly bid to acquire TikTok's U.S. business, according to a person involved in the situation.

The software giant brought the e-commerce company into the deal to provide a platform to support digital sales on the platform, this person said.

The bids were submitted yesterday, with bidders waiting to hear from TikTok's parent company ByteDance.


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