TikTok’s Oracle-Walmart deal could be off

“In this game of high-stakes poker it’s very possible that the TikTok sale ultimately never happens, depending on US policy in what would be a seminal shift for the US towards China on technology policy, and send an ‘olive branch’ signal to Beijing,” said Dan Ives, from investment analyst firm WedBush.

Recent Posts

Rising fuel costs drive UK inflation to 0.7 in March

"Looking ahead, CPI inflation looks set to jump to about 1.7% in April, driven primarily by a large semi-annual increase in electricity and natural gas prices, as well as the anniversary of the collapse in oil prices at the start of the pandemic," he said.

read more

TikTok sued for billions over use of children’s data

Lawyers will allege that TikTok takes children's personal information, including phone numbers, videos, exact location and biometric data, without sufficient warning, transparency or the necessary consent required by law, and without children or parents knowing what...

read more

Is the Australia-NZ travel bubble the way ahead?

"Pre-COVID, Australia was New Zealand's largest tourism market, with Air New Zealand bringing in roughly 400,000 Australians per year, so it's an incredibly important market for us and we're just thrilled to have the bubble up and running," said Air New Zealand's...

read more