The algorithms TikTok relies on for its operations are deemed core to ByteDance’s overall operations, which would make a sale of the app with algorithms highly unlikely, sources close to the parent said.
Xerox has confirmed it is looking at making changes to its go-to-market model in parts of Europe. During yesterday’s Q1 earnings conference call, COO John Bruno discussed the OEM’s “geographic optimisation”, which has already resulted in the sale – or agreements to sell – direct operations in Argentina, Chile, Ecuador and Peru. He added that
Staples Inc has agreed to sell its DEX Imaging business to the company’s management in a private equity-backed buyout. New York-based investment firm Gamut Capital Management, in partnership with DEX’s founders – Dan Doyle Sr and Dan Doyle Jr – have signed a definitive agreement with Staples to buy the company. Terms of the transaction,
Cancellations of overlapping contracts following a bank merger put a dent in MSCI’s earnings, but management remains upbeat about the potential of recent