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Walmart ad revenue could quickly jump if TikTok bid succeeds – ET Retail

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By Melissa Fares

NEW YORK – Walmart Inc could turn into an online advertising leader if its plan to acquire popular short-form video app TikTok goes through, analysts said on Friday.

The proposed purchase, in partnership with Microsoft Corp , would allow the world’s largest retailer to quickly compete with Amazon.com Inc, Facebook Inc and Alphabet Inc’s Google for eyeballs on social…

Twitter expressed interest in buying TikTok’s US operations: Report – ETtech

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Twitter Inc has approached TikTok‘s Chinese owner ByteDance to express interest in acquiring the US operations of the video-sharing app, two people familiar with the matter told Reuters, as experts raised doubts over Twitter’s ability to put together financing for a potential deal.

It is far from certain that Twitter would be able to outbid Microsoft Corpand complete such a transformative…

China’s ByteDance offers to forgo stake in TikTok to clinch US deal: Report – ETtech

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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 President Donald Trump said on Friday he had decided to ban the popular short-video app, two people familiar with the matter said on Saturday.

ByteDance was previously seeking to keep a minority stake in the US business of TikTok, which the White House had…

InterDigital patents not violated by two phone makers: judge

Handsets made by ZTE Corp and Nokia, now owned by Microsoft Corp, do not violate InterDigital Inc's patents for wireless phones, a U.S. International Trade Commission judge said in a preliminary ruling released on Friday. The full commission is expected to issue a final ruling in October

See the rest here: InterDigital patents not violated by two phone makers: judge

Nokia Chief Suri to Receive Salary Smaller Than Predecessor Elop

Rajeev Suri, Nokia Oyj (NOK1V) ’s new chief executive officer who takes over after the wireless-technology provider sold its phone unit to Microsoft Corp.

Read more: Nokia Chief Suri to Receive Salary Smaller Than Predecessor Elop

Nokia, Microsoft complete $7.5B cellphone deal

HELSINKI (AP) — Nokia said Friday it has completed the 5.44 billion-euro ($7.5 billion) sale of its troubled cellphone and services division to Microsoft Corp., ending a chapter in the former world leading cellphone maker's history that began with paper making in 1865.

View post: Nokia, Microsoft complete $7.5B cellphone deal

Nokia to Exclude India Phone Plant From Sale to Microsoft

Nokia Oyj (NOK1V) will exclude its India phone factory from a 5.44 billion-euro ($7.5 billion) agreement to sell its mobile phone business to Microsoft Corp. (MSFT) amid a legal battle over a tax dispute in the country.

Read more: Nokia to Exclude India Phone Plant From Sale to Microsoft

China OKs Nokia's Plan to Sell Phone Unit to Microsoft

Nokia has received approval from Chinese authorities to sell its mobile phone business to Microsoft Corp, it said on Tuesday, and added there had been no request for it to change its patent practices.

Go here to see the original: China OKs Nokia's Plan to Sell Phone Unit to Microsoft