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President Trump reportedly has approved the Oracle deal for TikTok’s US operations

TechCrunch LA

operations of the wildly popular social media app, TikTok, according to a report from Bloomberg. According to the Bloomberg report Trump said, “I have given the deal my blessing,” as he left the White House for a campaign rally in North Carolina on Saturday. The spinout of TikTok’s U.S. And the U.S.

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Silicon Beach Report Nov. 11: Zealot Networks Draws Suitors

L.A. Business Journal

Zealot Networks draws suitors, Nevada official concerned Faraday Future caught in Ponzi scheme, and Rubicon reports record video advertising surrounding election.

Report 127
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Ingram Micro On The Block, Says Report

socalTECH

Irvine-based technology distributor Ingram Micro is reportedly on the block, with current Chinese owner HNA Group looking to sell Ingram Micro for around $7 billion, according to a report. Private equity investor Platinum Equity in advanced talks with HNA Group, per the report. READ MORE>>.

Report 124
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MaxLinear Gets Design Win With Aviat Networks

socalTECH

Carlsbad-based semiconductor developer MaxLinear reports that it has scored a design win with Aviat Networks. According to MaxLinear, its chipsets are being used for Aviat's new WTM 4800 E-Band and Multi-Band Radios. MaxLinear said Aviat is using its MxL1105 CMOS transceiver along with the MxL85652 and MxL85110 modems.

Design 113
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Report: Hulu Near Network Deal

socalTECH

A report today says that Los Angeles-based Hulu is close to inking a new deal with its network owners. According to AllThingsD, the deal will keep programs from NBC, Fox and ABC on the video site.

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Ixia Wins Barefoot Networks

socalTECH

Calabasas-based Ixia reports a win with Barefoot Networks this morning, saying that the network equipment maker has chosen its 100 Gigabit Ethernet (GE) test products. Barefoot Networks is using Ixia's equipment for testing its Tofino switches. Financial impact of the customer win was not announced. READ MORE>>.

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Wondery Looks For Buyer, Says Reports

socalTECH

Los Angeles-based podcasting network Wondery appears to be attempting to sell itself for between $300M to $400M, according to multiple reports. The podcasting publisher is backed by Waverley Capital, Lerer Hippeau, Greycroft, BDMI, Advancit, Water Tower Ventures, and Powerhouse Ventures.

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