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After Microsoft, Twitter is eyeing TikTok

2020-08-09T18:28:21.881Z


The US president gave ByteDance forty-five days to complete the sale.After Microsoft, Twitter is now eyeing TikTok, the video-sharing application owned by Chinese ByteDance, according to the Wall Street Journal. Read also: Microsoft would consider buying all of TikTok Twitter has reportedly expressed interest in acquiring TikTok's US operations. But many doubt the ability of the platform to the little blue bird to be able to finance this operation on time. The ti...


After Microsoft, Twitter is now eyeing TikTok, the video-sharing application owned by Chinese ByteDance, according to the Wall Street Journal.

Read also: Microsoft would consider buying all of TikTok

Twitter has reportedly expressed interest in acquiring TikTok's US operations. But many doubt the ability of the platform to the little blue bird to be able to finance this operation on time. The timetable for this acquisition was set by Donald Trump himself.

The US president gave ByteDance forty-five days to complete the sale. After September 15, if no "deal" has been concluded, TikTok will no longer be accessible in the United States, the president has decided. A decree of “national emergency” was indeed published last Thursday in the United States to eliminate the two Chinese stars of the web TikTok and WeChat.

Donald Trump has given the green light for an acquisition of TikTok's US, Canadian, Australian and New Zealand operations by Microsoft

"TikTok automatically captures large swathes of information on its users, potentially allowing China to track government employees, collect personal files for the purposes of blackmail and practice industrial espionage," the decree justifies.

Donald Trump has given the green light for an acquisition of the American, Canadian, Australian and New Zealand activities of TikTok by Microsoft, on condition that a "significant proportion" of the amount of the transaction is paid to the State, on the pretext that his government made the acquisition possible. Microsoft said on Sunday it was aiming for a close of the acquisition in mid-September. For their part, the leaders of Twitter are arguing their strengths over Microsoft in terms of competition: a smaller size and no presence in China.

The ban of the two platforms is part of a political battle between the United States and China and seems to go beyond the cybersecurity issues put forward by the American government.

Source: lefigaro

All business articles on 2020-08-09

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