Walmart wants to go viral with TikTok, Wall Street thinks it can - Reuters
(Reuters) - Wall Street was swift to see the rationale behind Walmart Inc jumping into the fray to buy TikTok - access to millions of young, digitally savvy users who could help the 60-year-old company boost its online sales.
The retailer revealed plans to join Microsoft Corp in a bid for the
Apple and Tesla are splitting their shares, but does it matter? - Reuters
NEW YORK (Reuters) - Shares of Apple Inc ( AAPL.O ) and Tesla Inc ( TSLA.O ) will be less costly on Monday as pre-announced stock splits take effect, in theory making them more accessible to retail investors, but as more brokers offer fractional shares, some in the market question the need.
NBA star LeBron James emerges as potent political force ahead of U.S. election - Reuters
(Reuters) - Two years after a conservative commentator told LeBron James to “shut up and dribble,” the NBA star has become an increasingly influential political force as issues of racial justice and voter suppression move to the forefront in the November presidential election.
James, an outspoken
Trump knocks protesters against racial injustice during New Hampshire rally - Reuters
LONDONDERRY, N.H. (Reuters) - Fresh from accepting the Republican nomination, U.S. President Donald Trump had harsh words for anti-racism protesters on Friday during a campaign stop in the politically important state of New Hampshire.
Addressing a crowd in an airport hangar, Trump called the demonstrators who sought to disrupt his White
U.S. big tech dominates stock market after monster rally, leaving investors on edge - Reuters
BOSTON, MA.(Reuters) - U.S. technology giants are increasingly dominating the stock market in the midst of the coronavirus pandemic, even as they draw accusations of unfair business practices, and some investors fear the pump is primed for a tech-fueled sell-off.
The combined value of the S&P 500’
Exclusive: Facebook says Apple rejected its attempt to tell users about App Store fees - Reuters
(Reuters) - Facebook Inc on Thursday told Reuters that Apple Inc rejected its attempt to tell users the iPhone maker would take a 30% cut of sales in a new online events feature, forcing Facebook to remove the message to get the tool to users.
Facebook said that Apple cited an App Store rule that bars developers from showing “irrelevant” information to users.
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TikTok booms in Southeast Asia as it picks path through political minefields - Reuters
SINGAPORE (Reuters) - At 19, Sandy Saputra is big on TikTok Indonesia. Within a year, he’s leapt from quiet, small-town life to star influencer status as more than 10.5 million followers lap up his toothy grin in dancing, pranking and lip-synching videos on the booming app.
Kamala Harris condemns looting, violence in wake of police shooting - Reuters
(Reuters) - U.S. presidential nominee Joe Biden’s running mate Kamala Harris on Thursday denounced the looting and acts of violence that followed the police shooting of a Black man, as Republicans sought to paint the two Democrats as weak on crime.
Hoping to win a second term in November and trailing Biden in opinion polls, President Donald Trump has used this week’s Republican National Convention to promise a “law and order” response to protests against racial injustice.
In Kenosha, Wisconsin, relative calm returned
Exclusive: ByteDance asks TikTok to draw up U.S. shutdown contingencies - Reuters
(Reuters) - China’s ByteDance told engineers of its popular short-video app TikTok this week to make contingencies should it need to shut down its U.S. operations, even as it works toward divesting them, people familiar with the matter said on Thursday.
ByteDance has been ordered by President Donald Trump
Trump must turn over tax returns, does not deserve immunity, Manhattan's top prosecutor says - Reuters
NEW YORK (Reuters) - Manhattan’s top prosecutor told a U.S. court on Thursday he should be able to obtain President Donald Trump’s tax returns, saying Trump cannot immunize himself from a criminal probe of his business practices by pursuing an appeal that has “no chance of success.”