Asda paid £1.1bn dividend to US owners Walmart before Issa takeover 

Asda paid £1.1 billion dividend to US owners Walmart before Issa brothers’ takeover By Tom Witherow For The Daily Mail Published: 21:50 GMT, 11 December 2020 | Updated: 21:50 GMT, 11 December 2020 Walmart completed the sale of a majority stake in the business to the Blackburn-based Issa brothers and their private equity backers, TDR … Read more

Sofia Vergara stuns as she models denim and floral dress from her latest Sofia Jeans collection

Sofia Vergara shows off her famous curves as she models an array of denim and floral dress from her latest Sofia Jeans collection By Kevin Kayhart For Dailymail.com Published: 07:34 GMT, 8 December 2020 | Updated: 07:34 GMT, 8 December 2020 When you’ve been one of the most recognizable and highest paid stars on television, … Read more

Benny the Butcher shot in the leg in attempted armed robbery outside of Houston Walmart

Benny the Butcher shot in the leg in attempted armed robbery outside of Houston Walmart The Buffalo, New York native, 35, was with friends in a parking lot  A vehicle containing five passengers pulled up besides rapper  After demanding chains and necklaces, they shot Benny  Police are investigating the shooting  By Adam S. Levy For … Read more

Sony PlayStation 5 sale causes Walmart website to crash

Sony’s highly-anticipated PlayStation 5 console is finally available for purchase at Walmart, but the retail giant’s website crashed within minutes of the release -sparking fury among gamers. Consumers flocked to the website to claim their system, only to find either an error on the site or the item had been removed from their cart and … Read more

Walmart is expanding its fleet of self-driving cars to Arizona for a delivery program with Cruise 

Walmart is expanding its fleet of self-driving cars to Scottsdale, Arizona for a pilot delivery program with autonomous startup Cruise Walmart is testing self-driving cars in a delivery program starting next year It is teaming up with Cruise to use its autonomous Chevy Bolts The pilot program will take place with stores located in Scottsdale, … Read more

Self-made billionaire brothers agree deal to buy Asda from Walmart for £6.8billion

Two self-made billionaire petrol tycoon brothers have agreed to buy Asda from Walmart for £6.8billion to bring the supermarket back under British control.   Mohsin Issa, 49, and his brother Zuber, 48, from Blackburn, stunned the City by being named as lead bidders to take over the retail giant alongside private equity firm TDR Capital, and … Read more

Trump gives TikTok deal with Oracle and Walmart his blessing

Donald Trump says he has approved a deal which will see Oracle lead a coalition to buy TikTok from Chinese company ByteDance. Last month Trump ordered that ByteDance sell TikTok, or else it would be shut down in the United States. About 100 million Americans use TikTok and U.S. officials have expressed concern about user data … Read more

TikTok has chosen US bidder to buy the company, sources say

TikTok has ‘chosen a US bidder and deal could be announced by tomorrow’ – as White House trade adviser warns the US will target even more Chinese-made apps TikTok has chosen a bidder for the sale of its US arm, sources told CNBC Those familiar with the deal said TikTok could announce the sale of the popular … Read more

Microsoft and Walmart’s joint bid to buy TikTok could help take on mutual rival Amazon 

Microsoft and Walmart’s joint bid to buy TikTok’s US operations would give them ‘riches of data’ to take on their biggest mutual rival: Amazon Walmart confirmed on Thursday it is joining Microsoft in bid to buy TikTok Two companies already have a five-year partnership deal to oppose Amazon Walmart competes with Amazon in e-commerce and … Read more

Bytedance asks TikTok to draw up contingency plans in case it needs to shut down in U.S.

Chinese parent company ByteDance has urged TikTok to draw up contingency plans 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 to divest sell its US arm, amid security concerns over the … Read more