The possible Acquisition of the popular Smartphone App, Tiktok, the software giant Microsoft is concretized. Microsoft has confirmed on Sunday evening talks over the purchase of the Tiktok activities in the United States and several other countries. In a message, it was said that CEO Satya Nadella had spoken with the American President Donald Trump about such a transaction. Microsoft wool to push the talks with the Chinese Tiktok-mother group byte dance. The company set a deadline of may 15. September, to bring these talks to a conclusion. In this time it wants to resume the dialogue with the American government and also with Trump personally Fort.
economic correspondent in New York.
A Takeover of Tiktok by Microsoft would be a Bang. The software group would be liable to from the to a serious competitor for the social network Facebook and the Youtube to Google video page. The talks with Microsoft were made public, after Tiktok has become in the past few weeks because of its ties with China increasingly at the mercy of the policy. Trump and other representatives of the government have expressed Concerns about privacy practices and any censorship. On Friday, Trump announced the Tiktok in the United States forbid.
the Minister of Finance Steven Mnuchin confirmed in the past week for the first time, the dreaded "Committee on Foreign Investment in the United States" (CFIUS), the rating of Acquisitions from the point of view of national security, working in hindsight with the purchase of the App Musical.ly by-byte dance in the year 2017. Musical.ly was merged afterwards with Tiktok. The CFIUS panel has already foiled a number of acquisitions and also companies are forced to make acquisitions to reverse.Date Of Update: 03 August 2020, 03:20