Oracle and Walmart will take a combined 20 per cent stake of a newly established company TikTok Global
Reports pour cold water on earlier stories that Oracle had been accepted as a buyer
It is the first time that the Chinese firm has expressed the intent to challenge Trump's decision in the court
The government has added 38 Huawei affiliates to its list of companies that are considered to pose threats to the national security
Meanwhile, President Trump has signed an executive order to curtail US transactions with TikTok
Microsoft is considering acquiring popular app TikTok's US operations, despite security concerns and the possibility of a ban in the near future
'We are taking this very seriously,' Pompeo says
Biden campaign members says they are prepared for such attacks and were expecting them
Amazon insists it was treated unfairly in the bidding process
Microsoft has expressed its disappointment over the decision