Thursday, August 27, 2020

Sources: Walmart sought majority stake in TikTok, but US demanded a tech firm as lead investor; Walmart originally was in consortium with Softbank and Alphabet (Alex Sherman/CNBC)

Alex Sherman / CNBC:
Sources: Walmart sought majority stake in TikTok, but US demanded a tech firm as lead investor; Walmart originally was in consortium with Softbank and Alphabet  —  - Walmart wanted to be the majority owner of TikTok, but the U.S. government demanded a technology company that could secure …



from Techmeme https://ift.tt/34DBei2

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