Walmart

Technology • Internet & Web
TikTok has two more weeks to sell US operations, regulators say
TikTok has two more weeks to sell US operations, regulators say
Credit: Illustration: Pendect, LogoTikTok (Creative Commons Attribution ShareAlike 4.0)

TikTok will now have two more weeks, until Nov. 27, to reach an agreement with Oracle and Walmart and persuade the U.S. government to approve the proposed deal, a court filing on Friday showed. The company said on Tuesday that it requested an extension of 30 days to complete the sale but had not heard from the government for weeks.

Last October, the Committee on Foreign Investment in the U.S., which investigates the national security risks of certain business deals, began examining ByteDance's 2017 acquisition of Musical.ly, a Chinese-owned lip-syncing app that became a hit among teens in the U.S. and would be relaunched as TikTok. The review came at the urging of Sen. Marco Rubio, R-Fla., who wrote a letter to Treasury Secretary Steve Mnuchin raising fears about political censorship and the possibility that the Chinese Communist Party could use the app to advance its foreign policy agenda.

Technology • Internet & Web
After Trump "blessing" of Oracle deal, the U.S. will delay TikTok app store ban by one week
After Trump "blessing" of Oracle deal, the U.S. will delay TikTok app store ban by one week
Credit: Illustration: Pendect, Logos TikTok & Oracle (Creative Commons Attribution ShareAlike 4.0)

The U.S. Commerce Department on Saturday announced a one-week delay until September 27 on order to remove TikTok app from mobile application stores owned by Apple and Google. The decision came after President Trump has given tentative approval to an Oracle-Wallmart deal that will keep TikTok alive in the country.

Trump said, on Saturday, that "I have given the deal my blessing, I approve the deal in concept."

Technology • Internet & Web
Walmart is partnering with Microsoft on TikTok deal
Walmart is partnering with Microsoft on TikTok deal

Walmart is partnering with Microsoft to potentially buy TikTok's U.S. business from BtyeDance. The news was first reported by CNBC, which was later confirmed by Walmart.

In a statement, Walmart said that TikTok's integration of e-commerce and advertising "is a clear benefit to creators and users in those markets" and that the retailer believes "a potential relationship with TikTok US in partnership with Microsoft could add this key functionality and provide Walmart with an important way for us to reach and serve omnichannel customers as well as grow our third-party marketplace and advertising businesses."

Health
CVS, Target make face masks mandatory for customers
CVS, Target make face masks mandatory for customers
Credit: Screenshot via cvshealth.com

Target and CVS announced on Thursday that they would require all customers to wear a mask or face covering when entering their stores, following other large retailers such as Walmart, Costco and Apple.

"With the recent spike in COVID-19 infections, we're joining others in taking the next step and requiring all customers to wear face coverings when entering any of our stores throughout the country effective Monday, July 20," so CVS on Twitter.

Business • Consumer & Service
Walmart makes face masks mandatory for customers
Walmart makes face masks mandatory for customers
Credit: MikeMozartJeepersMedia / Wikimedia Commons (Creative Commons Attribution ShareAlike 3.0)

Walmart announced on Wednesday that it would require all customers to wear a mask or face covering when entering its stores, following other large retailers such as Best Buy, Costco and Apple. Walmart's face covering policy will take effect on July 20 in around 5,000 – roughly 65% – of its stores.