PRESS DIGEST- New York Times business news

Sept 14 (Reuters) – The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.

– The Chinese owner of TikTok has chosen Oracle Corp to be the app’s technology partner for its U.S. operations and has rejected an acquisition offer from Microsoft Corp, according to Microsoft officials and other people involved in the negotiations as time runs out on an executive order from President Trump threatening to ban the popular app unless its American operations are sold. https://nyti.ms/2Rl9NBS

– Nvidia Corp said Sunday that it would acquire the British chip designer Arm from SoftBank Group Corp in deal worth about $40 billion, a move that could reshape the battle over technology that powers smartphones and data centers. https://nyti.ms/3ityc4d (Compiled by Bengaluru newsroom)

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