Walmart joins Microsoft in Tickmok’s bid

Walmart joins Microsoft in Tickmok’s bid

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new Delhi: Walmart Inc. Said it was joining Microsoft in the bid for the social media company TIC TocChief Executive Officer Kevin Mayer said he would step down after hours of disclosing the assets of his American companies.
In the midst of negotiations to sell the US operations of the China-owned video app, Meyer is leaving just three months after joining Microsoft corp Or Oracle Corp.

Retailer Walmart praised Tiktok’s e-commerce and advertising capabilities. Ticketock is on sale as the company is under the administration of the US President Donald Trump The app is being compiled on US consumers as a potential national security risk due to the vast amount of personal data.
The Trump administration has demanded that China’s BiteDance, which owns Tiktok globally, sell its US operations. Earlier this week, Tiktok effectively banned an executive order in the United States.
“We are confident that the partnership between Walmart and Microsoft will meet both expectations of US Ticketok users while meeting the concerns of US government regulators,” Walmart said in a statement.

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