Get a daily round up of our most popular tech stories. "A social platform like TikTok would give Walmart easy access to the very audience it wants and needs to attract," Saunders wrote in a note to clients on Thursday. With a lofty pricetag, TikTok's US operations are something few companies can afford. The US government alleges that the Chinese government can access the data of TikTok's American users, posing a national-security risk. Microsoft and Walmart — with market caps of $1.73 trillion and $373 billion, respectively — are two such companies who could make the multi-billion deal.Amid the scramble to bid for TikTok, the platform's CEO announced his surprise departure late Wednesday night. "We think that assortment breadth and our ability to deliver with speed nationally combined with a few other benefits for customers will result in a compelling proposition. Chesnot/Getty Images; Rick T. Wilking/Getty Images

Walmart says it's working with Microsoft in a bid to acquire part of TikTok's operations and avoid the threat of the app's ban in the US. 2020-08-27T15:48:41Z 106 Likes, 4 Comments - Walmart World (@walmartworld) on Instagram: “"Ideas are my jam. I love them. A leading-edge research firm focused on digital transformation.Walmart CEO Doug McMillon on Tuesday shed some light on "There's been a lot of buzz recently about membership at Walmart," McMillon said in an earnings call with analysts.He said the company has tested a membership model with its grocery-focused delivery subscription, Delivery Unlimited.

CNBC TikTok parent company ByteDance has been exploring a sale of part of the app's operations, including those in the US, ever since the Trump administration first threatened to ban the platform in the US earlier this summer. as well as other partner offers and accept our "Since that launch, we've proven to ourselves that we can pick and deliver a broad set of categories across the Supercenter, not just food and consumables, but a wide assortment of general merchandise," he said.

Walmart in a statement has said TikTok’s integration of e-commerce and advertising “is a clear benefit to … 3,032 talking about this. At Walmart.com, it's easy and affordable to transfer money online.

Walmart, a retail giant, is entering the market of subscription-based OTT platforms with its offering called 'Walmart +', which is said to compete with Amazon Prime. Inspiration, entertainment and innovation from Walmart associates around the world. Microsoft confirmed in late July it was exploring a bid to acquire TikTok's operations in the US, Australia, Canada, and New Zealand — a deal with an estimated value between $10 billion and $50 billion. Walmart

"The company plans to focus on driving up repeat purchases among "We'll also get the benefits of data and learn how to serve customers more effectively in time as that membership grows," he said.McMillon declined to offer a timeline for the launch, saying, "We'll share more about that membership and timing when it's appropriate. A leading-edge research firm focused on digital transformation.Walmart says it's working with Microsoft in a bid to acquire part of TikTok's operations and avoid the threat of the app's ban in the US.Walmart said Thursday it had partnered with the tech giant, which has long been the frontrunner in talks for an acquisition. 2020-08-18T14:29:38Z However, the addition of Microsoft brings in the company's Azure cloud infrastructure, which TikTok could switch over (from its current Google cloud service) if such a deal went through.Walmart is just the latest company to be linked to the bidding war for part of TikTok, an app with 100 million monthly active users in the US and more than two billion downloads worldwide. Representatives for SoftBank and Microsoft did not immediately respond to Business Insider's requests for comment on the reported bid for the social media app. July 30, 2020.

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