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TikTok's days are numbered as ban nears [Yahoo! Finance Canada]
Last walmart inc. earnings: 2/18 06:00 am
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That's when President Trump's extension for the company to be sold or shut down lapses. And unless he or Congress issues another extension or the company announces a buyer, it's the end for TikTok and its 170 million US users. US officials have long argued that the Chinese government, which is designated as a US adversary, could gain access to Americans' TikTok user data for nefarious purposes or use the platform to spread propaganda. According to Trump, several suitors are looking to get their hands on TikTok, though he hasn't provided specifics. Bloomberg and The Information previously reported that Oracle ( ORCL ), which serves as TikTok's cloud provider, is a frontrunner in the race. Other parties seeking to scoop up the app include a group of investors led by Frank McCourt. Microsoft ( MSFT ) and Walmart ( WMT ) tried to buy TikTok in 2020 but were unsuccessful. Trump has also recently floated the idea of pulling back some of his tariffs on China if it helps push that cou
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