Latest in Walmart

Long-developing plans to engineer the sale of TikTok’s U.S. operations to a group of investors including Oracle and Walmart have been put on hold. The indefinite delay, first reported by The Wall Street Journal, has been ordered by President Joe Biden’s administration, which is conducting a review of the conclusions…

Wall Street is warming to a TikTok deal despite a continued lack of clarity, happy to keep a popular, fast-growing advertising platform humming along and skirt a brewing tech cold war between the U.S. and China. "This will be a relief to technology investors to have this high drama soap opera now in the rear view…

As a deadline loomed for TikTok to shut down its US operations, President Donald Trump said Saturday he has agreed in concept to a deal under which Chinese-owned app TikTok can continue. Trump said a partnership with Oracle and Walmart that will make the video-sharing company and its data US-based has won him over. "I…

A new TikTok Global would file for an initial public offering in the U.S. in about a year under a plan still awaiting approval by President Trump that would see Oracle and Walmart as major investors in the video sharing app, according to reports Thursday. TikTok is said to have approached Instagram cofounder Kevin Syst…

Undercutting rival Amazon on price, Walmart has confirmed the launch of a membership program costing $98 a year. Walmart+ will launch September 15. It features unlimited delivery, discounts on gas and “scan and go” technology to speed trips through the company’s stores. Word first surfaced in July that the retail…

Walmart stock gained 5% — a major move for the typically sleepy, large-cap shares — on news today that the retail giant has teamed with Microsoft to explore a bid for TikTok’s U.S. operations. Microsoft, along with Oracle and Twitter, had already been in the mix as a potential acquirer of the fast-growing social…

Black Panther, Wonder Woman, ET and Cars are among the films unveiled Wednesday for the Walmart Drive-In, curated by the Tribeca Film Festival, that will turn the giant retailer's parking lots at 160 locations into outdoor theaters starting August 14. Walmart said the nationwide event will feature 320 showings through…

Vice duo Amy Adams and Adam McKay are getting the band back together for a Netflix limited series about three women linked with Walmart. The pair, who also worked together on 2006 comedy Talladega Nights: The Ballad of Ricky Bobby, are working on Kings of America for the streamer. Deadline understands that the drama…

Walmart stock spiked 6% on heavy trading volume Tuesday after a report that the retail giant plans to roll out a subscription service similar to Amazon Prime. The new offering will cost $98 a year, with subscriber benefits including same-day delivery of groceries and discounted gas, according to an initial report in…

Walmart and Tribeca Enterprises have teamed up to turn the retail giant's parking lots in 160 locations across the country into drive-in movie theaters to help liven up a summer marred by COVID-forced social distancing. Movies will be programmed by the Tribeca Drive-In team in August through October for a combined 320…

Comcast is in talks to acquire Walmart's Vudu, the retail behemoth's advertising and transactional video-on-demand service, according to a person familiar with the situation. It’s the latest twist in the hot and getting hotter streaming wars, and comes as the media and entertainment giant, parent of NBCUniversal…

Walmart didn’t just go big for their first Super Bowl ad, they went out-of-this-world. The big-box retail giant’s commercial for the Super Bowl LIV is a who’s who of intergalactic cinema, featuring some of the most iconic spaceships and characters from sci-fi and beyond. From Sam Jones reprising his role as Flash…