• Latest
  • Trending
TikTok

Microsoft could buy entire TikTok global business, including A/NZ: FT

November 12, 2020
Food Shortage Olubadan

Food Shortage: Olubadan Calls On FG, Govs To Adopt Irrigation Farming

January 2, 2021
E Commerce Indonesia

E-commerce platforms tap into Indonesia’s thriving sharia economy

December 29, 2020
Nigeria Economy Money

Nigeria will need to borrow more and that threatens fiscal flexibility

December 28, 2020
Binance Bitcoin

Binance launches bilateral Bitcoin European options

December 28, 2020
LiteForex Logo

Merry Christmas! 25/12/2020

December 25, 2020
Woman in Africa

Africa CDC: New virus variant appears to emerge in Nigeria

December 24, 2020
Bitcoin Africa Crypto

Bitcoin Events’ Blockchain Africa Conference Returns to Johannesburg in March

December 23, 2020
  • About
  • Privacy & Policy
  • Contact
No Result
View All Result
Brokers Index
Saturday, February 27, 2021
Brokers Index
No Result
View All Result
Home Market Watch Technology

Microsoft could buy entire TikTok global business, including A/NZ: FT

ByteDance is said to value all of TikTok at more than $50 billion.

November 12, 2020
in Market Watch, Technology
Reading Time: 2min read
0
TikTok

TikTok

Microsoft is chasing a deal to buy all of TikTok’s global business, the Financial Times reported on Thursday, citing five people with knowledge of the talks.

However, a source familiar with the discussions told Reuters that Microsoft had not raised the prospect of buying all of TikTok in its negotiations with ByteDance.

Microsoft had said it was seeking to buy the assets of TikTok in North America, Australia and New Zealand. It had not disclosed how much it was willing to pay, though sources previously told Reuters that ByteDance executives value all of TikTok at more than $50 billion. Microsoft declined to comment on the report. TikTok parent ByteDance did not immediately respond to Reuters’ requests for comment.

ADVERTISEMENT

The company is exploring whether it can add regions including India and Europe to the deal, according to the FT report.

There was a “deal in the works” with Microsoft for TikTok India but it fell through, the FT reported, citing one person close to ByteDance in India.

TikTok faces a September 15 deadline to either complete a sale of its U.S. operations to Microsoft or face a ban in the United States.

Source: Reseller

Tags: BanByteDanceIndiaMarket WatchMicrosoftTechnologyTikTok
Share1Tweet1ShareSendShare
ADVERTISEMENT

Insights

Bitcoin Africa Crypto

Bitcoin Events’ Blockchain Africa Conference Returns to Johannesburg in March

December 23, 2020
India Economy

The Indian economy is bouncing back | Opinion

December 8, 2020
Professional Trader

16 Technical Analysis Secrets for Boosting Your Trading Skills

November 29, 2020
Trader Lifestyle Tips

A Day in the Life of a Professional Forex Trader

November 27, 2020
Trading Account Protection

5 Tips to Protect Your Brokerage Login Credentials from Hackers

November 15, 2020
Brokers Index

Copyright © 2020 brokersindex.com

Navigate Site

  • About
  • Privacy & Policy
  • Contact

Follow Us

No Result
View All Result
  • Brokers News
  • Market Watch
    • Commodities
    • Cryptocurrency
    • Economy
    • Forex
    • Politics
    • Science
    • Stock Markets
    • Technology
    • World
  • Insights
    • Investing Adviser
    • Lifestyle
    • Trading Tips
  • Focus
    • Case Study
    • Editors Picks
    • Famous Failures
    • Success Stories

Copyright © 2020 brokersindex.com

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.