Aug 27, 2020

Walmart to join Microsoft in bid for TikTok

The US retail giant Walmart is teaming up with Microsoft to make a bid for the Chinese video sharing app TikTok. According to news channel CNBC, Walmart has confirmed its interest in the company and said it would partner with Microsoft in a consortium. TikTok has been given 90 days to be sold to an American firm or face a ban in the US. Earlier on Thursday the firm's boss resigned ahead of the impending ban by US President Donald Trump.

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