Companies routinely set targets for reducing their greenhouse gas emissions. But a new kind of environmental target is emerging that has been likened to paying reparations to victims of past injustice.
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Imagine a bidder wanting to buy KFC, but being told the deal might not include the Colonel’s seven secret herbs and spices. That’s effectively what Beijing has told the list of US companies keen to purchase TikTok.
US technology giants are increasingly dominating the stock market in the midst of the coronavirus pandemic, even as they draw accusations of unfair business practices. Some investors fear the pump is primed for a tech-fuelled sell-off.
Walmart said it was joining Microsoft in a bid for social media company TikTok’s US assets, revealing its plans hours after CEO Kevin Mayer said he would step down.
Half a decade ago, the billionaire founder of Epic Games sparred with Microsoft over the way the software giant treated small application developers. Now he’s launched a legal broadside against Apple and Google.
Microsoft is backing Epic Games in its fight with Apple. The company has been upset with Apple’s rules preventing it from releasing a cloud-gaming service that works with iPads and iPhones.
Oracle’s bid for the US operations of TikTok received the backing of US President Donald Trump, bolstering the software maker’s attempt to derail takeover talks led by rival Microsoft.
Apple became the first publicly listed US company with a $2-trillion stock market value on Wednesday, as Wall Street investors put aside challenges to its iPhone ecosystem.
Oracle has held preliminary talks with ByteDance on a potential bid for part of TikTok’s business, seeking to rival a competing bid by Microsoft, the Financial Times reported.
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