Instant International
Written by: Zhang Zijie
2020-08-09 06:43
Last update date: 2020-08-09 07:08After US President Donald Trump ordered the banning of TikTok's overseas version of TikTok on the grounds of national security, Microsoft (Microsoft) intends to include TikTok under its umbrella, but there is news that Twitter also intends to merge its businesses.
The Wall Street Journal quoted sources on August 8 as reporting that Twitter and TikTok are in preliminary discussions to study the feasibility of the merger, including involving the latter’s business in the United States. It is currently unknown whether Twitter will ultimately decide on the acquisition plan, but it is bound to face huge challenges.
Microsoft and TikTok parent company ByteDance have been discussing acquisition plans for a long time, including the intention to acquire TikTok's business in the United States, Australia, Canada, and New Zealand, so it is regarded as a popular choice; sources say that Twitter's scale is significantly behind Microsoft, plus In paying the acquisition fee or encountering difficulties, it is estimated that Twitter has little chance of success.
The market value of TikTok in the United States is currently unknown. The outside world estimates that it is tens of billions of dollars, while the market value of Twitter is 29 billion US dollars, which is a huge gap compared with Microsoft's 1.6 trillion US dollars. However, the source pointed out that Twitter’s advantage is its smaller size, which means that it is unlikely to face censorship involving violations of monopoly by Microsoft or other potential buyers.
Twitter has recorded stable surpluses in the past few years, but in the latest quarter it posted a loss of US$1.23 billion. As of June, the company’s cash and short-term investments totaled US$7.8 billion; Microsoft has US$136 billion in its hands. Use funds. However, in 2016, Twitter shut down Vine, a short video sharing program with similar functions to TikTok, on the grounds of cost saving.
↓Want to know about TikTok and its struggle in the Sino-US struggle? Please click to enlarge to watch:
+10
+9
+8
US media: TikTok filed in court to challenge Trump's executive order as soon as August 11
[China-US Wrestling] TikTok stated that if the US government does not treat it fairly, it will resort to US courts
British media: Microsoft intends to acquire TikTok global business Byte Beat denies
[15 seconds of the world. 上] American generation Z TikToker Internet celebrity DreamWorks changes sky
Trump signs executive order to prohibit transactions with TikTok parent company and Tencent coming into force after 45 days
The U.S. Senate unanimously bans the use of TikTok on government equipment
TikTok bans TikTokTwitter, Trump, Microsoft, Microsoft
