U.S. authorities delayed a looming ban on new downloads of TikTok shortly after President Trump said Saturday that he had given a corporate restructuring proposal for the Chinese-owned app his “blessing.” The deal will see Oracle become TikTok’s cloud hosting provider and manage its data for U.S. users, both companies said. TikTok also will enter into a “commercial partnership” with Walmart,...
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Samsung’s Peacock Standoff with NBCUniversal Shows Power of TV Makers
As streaming TV becomes the default viewing option for Americans, the makers of streaming devices are taking the place of cable operators as gatekeepers, deciding what streaming services will be available to viewers. Increasingly the gatekeepers include not only Roku and Amazon but smart TV makers such as Samsung. NBCUniversal is learning that the hard way as it battles to get its Peacock...
ByteDance Rival Kuaishou Gets Approval to Raise as Much as $6 Billion in Hong Kong IPO
Chinese Smartphone Xiaomi Unexpectedly Added to U.S. Blacklist
Playtika Prices IPO at $27
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