Sunday, September 13, 2020

ByteDance drops TikTok's US sale, to partner with Oracle: Report

ByteDance abandoned the sale of TikTok in the United States in pursuit of a partnership with Oracle Corp it hopes will spare it a U.S. ban. ByteDance had been in talks to divest TikTok's U.S. business to either Oracle or Microsoft Corp after U.S. President ordered the sale last month. https://ift.tt/3hsv5bw

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Netherlands-based ASM, whose deposition tools are used to make advanced chips, projects Q2 revenue of ~€980M, above €886.8M est., driven by AI demand (Sarah Jacob/Bloomberg)

Sarah Jacob / Bloomberg : Netherlands-based ASM, whose deposition tools are used to make advanced chips, projects Q2 revenue of ~€980M, a...