VCG/VCG via Getty Images; Stephen Lam/Stringer/Getty Imagesthat Microsoft — the frontrunner in talks to acquire TikTok's US operations — is interested in buying the app's entire global business.TikTok has more than 2.3 billion downloads globally. Reports have recently valued TikTok in its entirety between $30 billion to $50 billion.
TikTok's parent company, ByteDance, has been exploring a deal to sell off TikTok's US operations to get in front of threats from the Trump administration to ban the app over perceived national security risks due to its ties to China.Microsoft is the frontrunner in a deal to acquire TikTok's US operations, but a recent report hints that the company could be looking at taking over the the viral app's entire global operations.
Someone is salty because they’re not included in executive decisions. They’re already well on their way to doing this.
Great, TikTok is gonna come build into Windows 10, isn’t it?
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside story: Humana's $100 million bet on telehealth startup Heal - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Trending: Some questions (and answers) about the Microsoft-TikTok deal - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Going to drive $MSFT higher? Most likely but it’s probably due to the companies very good fundamentals!
Source: BusinessInsider - 🏆 729. / 51 Read more »
TikTok shores up Europe operations as it faces getting booted out of the US - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Hey if any can help my sis & I even just with a $1 I’m out of work due to the virus & Im struggling to keep my place let alone put food on my table if anyone would be okay with helping me out I would very much appreciate it stay safe & god bless Venmo & Cashapp MattMartins147
Source: BusinessInsider - 🏆 729. / 51 Read more »