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Source: Oracle wins TikTok over Microsoft in Trump-urged bid The owner of TikTok has chosen Oracle over Microsoft as the American tech partner that could help keep the popular video-sharing app running in the U.S., according to a source familiar with the deal who was not authorized to speak publicly about it.
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DealBook Special Edition: Greed is Good. Except When it's Bad. Good morning. Sept. 13 is an important date in the world of business. Fifty years ago on that day — today — Milton Friedman published a seminal essay in The New York Times Magazine that is still hotly debated in business and policy circles. DealBook ...
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Wall Street has wanted an Apple bundle for years — soon it might get one Code inside an Android version of the Apple Music app suggests that Apple is preparing to bundle its services together in a product called "Apple One." If Apple One launches this fall, Wall Street investors and analysts will be happy: An Apple bundle has been ...
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Microsoft Says Its Bid for TikTok Was Rejected in US-China Standoff WASHINGTON — The owner of the Chinese app TikTok rejected an offer on Sunday from Microsoft to take over the firm's U.S. operations, Microsoft said, as time runs out on an executive order from President Trump threatening to ban the popular app unless ...
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Once an American foe, now a friend: OPEC turns 60 LONDON (Reuters) - In 1973, Arab members of the Organization of Petroleum Exporting Countries brought the U.S. economy to its knees. Now, the cartel created 60 years ago is more likely to do Washington's bidding. FILE PHOTO: Saudi Arabia's Crown ...
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Microsoft's offer to buy US TikTok is rejected New York (CNN Business) ByteDance will not sell TikTok's US operations to Microsoft, according to Microsoft. "We are confident our proposal would have been good for TikTok's users, while protecting national security interests," Microsoft (MSFT) said in a ...
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These Funds Let Investors Profit from Companies Hurt by the Pandemic Bankrupt and distressed companies have been a hit this year with some investors on the hunt for pandemic bargains. When car-rental company Hertz filed for bankruptcy protection, bullish investors drove a rally of more than 900% in the stock. Similarly ...
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Fossil fuel demand to take historic knock amid COVID-19 scars - BP LONDON (Reuters) - Fossil fuel consumption is set to shrink for the first time in modern history as climate policies boost renewable energy while the coronavirus epidemic leaves a lasting effect on global energy demand, BP said in a forecast. FILE PHOTO: ...
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More than 200 meat plant workers in the US have died of covid-19. Federal regulators just issued two modest fines. Federal regulators knew about serious safety problems in dozens of the nation's meat plants that became deadly coronavirus hot spots this spring but took six months to take action, recently citing two plants and finally requiring changes to protect workers.
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Once an American Foe, Now a Friend: OPEC Turns 60 LONDON (Reuters) - In 1973, Arab members of the Organization of Petroleum Exporting Countries brought the U.S. economy to its knees. Now, the cartel created 60 years ago is more likely to do Washington's bidding. Since Saudi Arabia and other Arab ...
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