China's ByteDance has picked a consortium led by Oracle Corp for a deal for the U.S. operations of short-video app TikTok, beating out rival bidder Microsoft Corp, a person familiar with the matter on Sunday.
China's ByteDance has picked a consortium led by Oracle Corp for a deal for the U.S. operations of short-video app TikTok, beating out rival bidder Microsoft Corp, a person familiar with the matter said on Sunday.
Microsoft will on Tuesday launch its Xbox cloud gaming service priced at $1 for new users' first month, in a major drive to attract casual gamers with the promise of cutting ties to the living room and as competition with Sony heats up.
There's no shortage of technology companies that are dabbling in augmented reality (AR). Chip makers, social media companies, tech giants, and small start-ups are all betting that AR could be a step change for computing platforms.
After several months of steadily climbing upwards, the stock market has taken a downturn lately. This recent pullback might provide buying opportunities for stocks that are in a good position to succeed both during and after the coronavirus pandemic. The two companies that I'm k
In this episode of Industry Focus: Consumer Goods, host Emily Flippen and Motley Fool contributor Dan Kline bring you all the most important and relevant facts about e-commerce niche player Etsy (NASDAQ: ETSY). They'll cover its business basics, what makes it unique and gives it
On the surface, Friday's relatively flat finish by the S&P 500 Index (SNPINDEX: ^GSPC) might make it seem like it was a calm day on Wall Street. The reality: It was another painfully volatile day in a volatile week for tech stocks, which fell sharply enough to wipe out gain
One of the top figures of the late 1990s/early 2000s internet company boom is stepping down from the business he created. It was reported on Friday that Pierre Omidyar has relinquished his seat on eBay's (NASDAQ: EBAY) board of directors. He will, however, remain a director emer
The Chinese government is adopting a firm stance in the dispute between TikTok, owned by that country's ByteDance, and the U.S. government, according to a report published Friday by Reuters. That article, citing "people with direct knowledge of the matter," explained that Chines
The NASDAQ 100 After Hours Indicator is down -9.35 to 11,078.05. The total After hours volume is currently 68,269,288 shares traded.The following are the most active stocks for the after hours session: First Trust Nasdaq Transportation ETF (FTXR) is unchanged at $23.70, with 19,
President Donald Trump said on Thursday that he does not plan to extend a deadline for ByteDance to sell TikTok's U.S. business, with the process still mired in uncertainty.
SoftBank Group Corp is considering changing its strategy of using derivatives to invest in tech stocks, Bloomberg News reported citing people familiar with the matter.
Apple Inc on Friday published a revision of some of its App Store review guidelines https://developer.apple.com/app-store/review/guidelines, loosening some restrictions on streaming game services, online classes and on when developers must use its in-app purchase system that charges a 30% commission.
The S&P 500 was largely flat in afternoon trading on Friday towards the end of another volatile week as investors weighed Oracle's strong results against data that suggested a long and wobbly economic revival from a coronavirus-led downturn.
Beijing opposes a forced sale of TikTok's U.S. operations by its Chinese owner ByteDance, and would prefer to see the short video app shut down in the United States, three people with direct knowledge of the matter said on Friday.
What happened
Shares of Fastly (NYSE: FSLY) fell as much as 6.4% on Friday morning. The content delivery network specialist counts Chinese social media network TikTok as its largest customer, and that revenue stream will dry up unless TikTok owner ByteDance finds a buyer for the
U.S. stocks rose in choppy trading on Friday, at the end of another volatile week as Oracle delivered solid quarterly results while data suggested a gradual pace of economic revival from the coronavirus-led downturn.
U.S. stocks rose on Friday, after a pullback in the previous session, as Oracle's solid quarterly results underscored the resilience of tech-related companies during the coronavirus crisis.