Sources: Walmart sought majority stake in TikTok, but US demanded a tech firm as lead investor; Walmart originally was in consortium with Softbank and Alphabet (Alex Sherman/CNBC)


Alex Sherman / CNBC:

Sources: Walmart sought majority stake in TikTok, but US demanded a tech firm as lead investor; Walmart originally was in consortium with Softbank and Alphabet  —  – Walmart wanted to be the majority owner of TikTok, but the U.S. government demanded a technology company that could secure …