While we ’re all waiting to see if Microsoft succeed in strike a deal to buy TikTok , bam ! Surprise ! Another heavy tech party , although not virtually as big as Microsoft , has apparently entered the ruffle , articulate that it too is interested in arguably one of the hottest apps presently on the market . That company is purportedly Twitter . Yes , the same company that , years ago , killed its own darling short - build video recording app , Vine .
https://gizmodo.com/twitter-finally-bans-the-nazi-no-not-that-one-no-th-1844571701
TheWall Street Journalreports that Twitter has had “ preliminary talks ” about a potential merger with TikTok , specifically its U.S. sectionalisation . The news is surprising , grant that Twitter has a lot less fiscal muscle than Microsoft and would almost certainly require aid from other investors if it were to make a bid for TikTok . Microsoft is interesting in acquiringnot onlyTikTok ’s U.S. business , but also its performance in Australia , Canada and New Zealand .
Twitter is apparently interested in TikTok, one of the shiniest social media apps on the market right now.Photo: Andrew Burton (Getty Images)
Per the Journal , although it ’s not clear what the rating of TikTok ’s U.S. occupation could be , it could run into the tens of jillion of dollars . Some analystsclaimit is worth between $ 20 and $ 50 billion .
This is an important head given that Twitter ’s market capitalization is about $ 29 billion . For comparison ’s saki , Microsoft ’s is more than $ 1.6 trillion . In terms of cash and short - term investment , Twitter account $ 7.8 billion in June . Microsoft report $ 136 billion . Oh , and Twitter also lost$1.23 billionin the latest quarter .
But Twitter does n’t require you to focus on its finances . People familiar with the TikTok discussion at Twitter told the Journal that because it is much smaller , it would not face the same stratum of antimonopoly examination as Microsoft or other potential bidders . Nonetheless , Reutersreports that one of Twitter ’s stockholder , the private equity house Silver Lake , is interested in aid fund a potential wad .
https://gizmodo.com/twitter-trends-are-a-crime-against-me-the-president-t-1844524663
In improver , since Twitter does n’t operate in China — the political science blocked it in 2009 — the company argues that its command would not face any pressure from the nation , concord to Reuters .
The Journal reports that Microsoft , which has been negociate for workweek with Bytedance , TikTok ’s Chinese proprietor , is considered a front runner for any possible deal . Twitter is ascertain as a long - shot bidder because it is much smaller than Microsoft and would have a surd time pay for TikTok . Microsoft is also more advanced in negotiations .
It mayseemironicthat Twitter , which shuttered Vine in 2017 as part of a cost - cuttingrestructuring effort , is now of a sudden concerned in TikTok . Part of its interest could be related to sodding rue , especially after find TikTok flourish in a space Vine once dominate before it was overcome by Instagram and Snapchat .
TikTok only has a few workweek to find a vendee for its U.S. business because of late actions by President Donald Trump against Bytedance . Trump and other Union officials claim that the Chinese political science could use TikTok to sight on million of U.S. users , an assertion that has never been prove and that TikTok denies .
https://gizmodo.com/man-with-sole-authority-to-launch-nuclear-weapons-retwe-1844516233
The President of the United States has given TikTok until Sept. 15 to detect a purchaser orface a banin the country . However , to everyone ’s eternal mental confusion , Trump apparently want the U.S. to receive asubstantial cutof any deal between Microsoft and Bytedance for TikTok , a requirement that bedevil effectual experts andWhite House officials .
[ The Wall Street Journal ]
Donald TrumpMicrosoftSecurityTikTokVineX ( Twitter )
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