Microsoft in Talks to Acquire TikTok
Multiple reports claim that Microsoft is seriously considering acquiring TikTok, the controversial social networking platform.
Fox Business, Bloomberg and The New York Times have all independently reported that the software giant is in talks to acquire TikTok. The talks come as the U.S. presidential administration weighs banning the app in the United States unless the Chinese-owned firm’s U.S. assets are sold to a U.S.-based company.
TikTok, for those unfamiliar, is a social-networking service owned by ByteDance, a Beijing-based internet technology company. It specializes in short-form, user-created videos. Or, as the Trump administration claims, is a national security threat. Somehow.
Microsoft has declined to comment on this story. But I think we can all agree it would be a horrible fit for this consumer service, even if the deal somehow passed regulatory muster.
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