Rec Room Inc., a video game platform that allows users to build and play in personalized online spaces, earned a valuation of $ 1.25 billion in its latest round of funding as …
Read More »TikTok sale to Oracle, Walmart shelves while Biden reviews security
WASHINGTON – A U.S. plan to force the sale of TikTok’s U.S. operations to a group that includes Oracle Corp. and Walmart Inc. has been shelved indefinitely, people familiar with the situation …
Read More »TikTok deals with the fate of the deal talk app’s algorithm
According to people familiar with the case, the negotiation of the deal for Tiktok’s US operations has hampered the question of whether the app’s core algorithm can be included as part of …
Read More »General Atlantic, Sequoia Capital are key drivers in Oracle bid for Tickcock
General Atlantic and Sequoia Capital, two major investors in TechTok’s Chinese parent company, are trying to be part of a deal to acquire the US operations of the popular video-sharing app as …
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