TikTok’s Chinese owner offers to forego stake to clinch US deal
NEW YORK/WASHINGTON: China’s ByteDance has agreed to divest the US operations of TikTok completely in a bid to save a deal with the White House, after…
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Deal
Zuckerberg Denies Secret Facebook Deal With Trump
Facebook CEO Mark Zuckerberg denied rumors of a secret deal that allowed controversial posts by President Donald Trump to remain on the platform.…
Verizon advances 5G edge computing with IBM deal, interoperability specs
Back in January, Verizon revealed the 5G Future Forum, a group of cellular carriers focused on creating global interoperability standards for multi-access…
UK is Investigating Google and Apple’s Search Engine Deal
Google and Apple’s billion-dollar search engine deal is under fire in the United Kingdom. The country’s competition watchdog is investigating the…
Malaysia’s Green Packet to buy e-KYC specialist startup Xendity in $10m…
Malaysia’s listed telecom and tech firm Green Packet Bhd said Tuesday it has entered a term sheet with Singapore-based software technology startup Xendity to…
Facebook’s $400m deal to buy Giphy being investigated by UK watchdog
The UK’s Competition and Market Authority said it is investigating the Facebook deal that aims to integrate the GIF platform into Instagram. An investigation…
Uber could lose its Grubhub deal to Just Eat or Delivery Hero
According to CNBC there are two suitors rivaling Uber for purchase of U.S. food delivery company Grubhub: Just Eat Takeaway (the union of Just Eat and…
US Senator Klobuchar blasts Uber, Grubhub deal talks
US Senator Amy Klobuchar on Sunday (May 17) blasted merger talks between ride-hailing firm Uber Technologies Inc and online food delivery company Grubhub…
Facebook to acquire Giphy in a deal reportedly worth $400 million
Facebook will acquire Giphy, the web-based animated gif search engine and platform provider, Facebook confirmed today, in a deal worth around $400 million,…
Facebook gives employees $1,000 each to help them deal with coronavirus…
As a way to help employees amid the COVID-19 coronavirus outbreak, Facebook announced it would give each of its 45,000 full-time workers a $1,000 bonus. The…