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As Deadline Lapses, Trump Administration Continues TikTok Talks

WASHINGTON — The Trump administration will allow a Friday deadline for TikTok’s Chinese parent company to sell the viral video app to lapse, said a person with knowledge of the decision. But the government will continue to work on a deal that would put a larger slice of TikTok’s ownership in American hands, the person said.The White House ordered the sale of TikTok’s U.S. assets in August over concerns that the app’s Chinese ownership posed a national security risk. ByteDance, the Chinese internet giant that owns the app, embarked on an effort to sell the …

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Salesforce to Acquire Slack for $27.7 Billion

Salesforce, which provides marketing and sales software, among other products, has been highly acquisitive as it looks to grow. Under Mr. Benioff, Salesforce has bought at least 60 companies, including 27 in the last five years, according to S&P Capital IQ.Salesforce stock has climbed nearly 40 percent this year, valuing the company at $220 billion. On Tuesday, it said its revenue rose 20 percent to $5.24 billion in the three months ending with October.In February, Salesforce paid $1.3 billion for Vlocity, a mobile software provider. Last year, it bought Tableau, a data analytics provider, for $15.3 billion; in 2018, it bought MuleSoft, a data integration company, …

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