Sources: Walmart sought majority stake in TikTok, but US demanded a tech firm as lead investor; Walmart originally was in consortium with Softbank and Alphabet (Alex Sherman/CNBC)

https://ift.tt/32seMG2

Alex Sherman / CNBC:
Sources: Walmart sought majority stake in TikTok, but US demanded a tech firm as lead investor; Walmart originally was in consortium with Softbank and Alphabet  —  - Walmart wanted to be the majority owner of TikTok, but the U.S. government demanded a technology company that could secure …

from Techmeme https://ift.tt/34DBei2