Friday 31 July 2020

U.S. based tech giant considers buying TikTok for as much as $100 billion

A couple of days ago, we told you that several investors in TikTok's parent company ByteDance were in talks to purchase the short-form video app. People familiar with the talks said that . ByteDance has also reportedly been talking internally about selling off TikTok and these discussions have valued the unit at more than the aforementioned $50 billion.
Would Microsoft pay $100 billion for TikTok?

This afternoon, that Microsoft is negotiating with ByteDance to buy TikTok. The Times article states that the app is valued at a whopping $100 billion. TikTok ...

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