'We are confident that a Walmart and Microsoft partnership would meet both the expectations of U.S. TikTok users while satisfying the concerns of U.S. government regulators,' the retail giant tells CNBC.
Jetblack, which just emerged out of stealth as the first company to go through Walmart's Store No. 8 incubator, is a text message-based personal concierge service.
The decision was apparently spurred by a campaign arguing that the magazine exposes people to a '#MeToo culture' that encourages the sexual harassment of women.