This chart shows how a Microsoft acquisition of TikTok for $50 billion would stack up against tech's largest deals ever (MSFT)

Credit: Business Insider- Published on August 3, 2020
· *Microsoft is in talks to purchase TikTok, the massively popular video app that's owned and operated by the Chinese company ByteDance.*
· *The purchase talks come amid threats from President Donald Trump to ban the app in the United States. *
· *Trump says the app funnels user information to the Chinese government, and...
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Video credit: Wibbitz Studio
Published on August 3, 2020 -  01:09
Microsoft Confirms Talks to Buy TikTok in America
Microsoft Confirms Talks to Buy TikTok in America On Sunday, Microsoft confirmed it has been in communication with tech company ByteDance to purchase the social media app. Microsoft will keep working with the U.S. government to secure a deal and wrap up talks by Sep. 15, according to a statement. Microsoft, via statement Microsoft, via statement If Microsoft aquires TikTok, it could tarnish its relationship with Facebook, a competitor of ByteDance. President Trump initially opposed the idea of Microsoft buying TikTok but reportedly agreed to give ByteDance 45 days to cut a deal with Microsoft on Sunday. Earlier that day on Fox News, U.S. Secretary of State Mike Pompeo said TikTok and WeChat are "feeding data directly to the Chinese Communist Party."

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