Facebook Twitter Instagram
    Trending
    • U-20 W’Cup: Nigeria Beat Argentina 2-0, Reach Quarter- Finals
    • Nintendo Ends Online Sales Of Games In Russia
    • National Assembly Compiles N30bn Lawmakers’ Severance Package
    • Reject Atiku’s BVAS Exhibits, Tinubu, INEC Tell Tribunal
    • Boat Operators Laud Tinubu Over Subsidy Removal
    • Ikeja Electric Web App Gets Upgrade
    • Students Protest As NASS Fails To Pass Anti-Sexual Harassment Bill
    • Sokoto To Pay Visiting Varsity Lecturers’ Outstanding Salaries
    Facebook Twitter Instagram YouTube
    Sync News NigSync News Nig
    • NEWS
      • Business & Economy
      • Politics
      • Banking & Finance
      • Tech & Innovation
      • Health
      • World
    • BRAND NEWS
    • SPORT
      • Football
      • Boxing
      • Basketball
    • ENTERTAINMENT
      • Celebrities
      • Music
      • Movies
    • FEATURED
    • TRAVELS & LIFESTYLE
      • Beauty &Health
      • Fashion
      • Food, Travel, Arts & Culture
      • Relationships & Weddings
    • SYNC TV
    Sync News NigSync News Nig
    Home»News»Tech & Innovation»Microsoft In Talks To Buy TikTok
    Tech & Innovation

    Microsoft In Talks To Buy TikTok

    Deborah AdegokeBy Deborah AdegokeAugust 1, 2020No Comments1 Min Read
    Share
    Facebook Twitter LinkedIn Pinterest Email

    The world’s biggest software maker, Microsoft, is reportedly in talks with ByteDance, the Chinese owners of TikTok, over a possible acquisition of its US operation.

    The offer by Microsoft seems to be an escalation of President Trump’s recent attacks on TikTok and other Chinese tech startups, Bloomberg reported.

    President Trump, in June, had raised security concerns about TikTok’s entry into the world’s largest economy.

    A TikTok acquisition could make the software maker a major provider of enterprise software, more focused on consumer technology, which Microsoft has exited from in the past few years in business segments such as e-book markets, phone hardware, and fitness hardware.

    Glo Unveils New Tariff Plan, Charges 11k Per Second For Calls To All Networks

    It should be noted that TikTok has been adjudged the world’s fastest-growing social media app.

    The deal brings a rare opportunity for Microsoft to gain profit from the momentum of the fastest-growing social media app in America.  TikTok valuation according to private sources is estimated to be worth between $20 billion to $40 billion, meaning just a few brands like Microsoft can afford to pay such premium TikTok commands.

    Microsoft TikTok
    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    Deborah Adegoke

    Related Posts

    National Assembly Compiles N30bn Lawmakers’ Severance Package

    June 1, 2023

    Reject Atiku’s BVAS Exhibits, Tinubu, INEC Tell Tribunal

    June 1, 2023

    Boat Operators Laud Tinubu Over Subsidy Removal

    June 1, 2023

    Leave A Reply Cancel Reply

    Recent Posts
    • U-20 W’Cup: Nigeria Beat Argentina 2-0, Reach Quarter- Finals
    • Nintendo Ends Online Sales Of Games In Russia
    • National Assembly Compiles N30bn Lawmakers’ Severance Package
    • Reject Atiku’s BVAS Exhibits, Tinubu, INEC Tell Tribunal
    • Boat Operators Laud Tinubu Over Subsidy Removal
    Recent Comments
    • Exceptional Keto Diet on Airtel Partners Standard Chartered Bank To Expand Fintech Business
    • Keto Genics BHB on Airtel Partners Standard Chartered Bank To Expand Fintech Business
    • Exceptional Keto Diet on Airtel Partners Standard Chartered Bank To Expand Fintech Business
    • www.ortovivaistica.it on President Buhari Extends Eased COVID-19 Lockdown By Four Weeks
    • Total Perk Keto Reviews on Airtel Partners Standard Chartered Bank To Expand Fintech Business
    Archives
    • June 2023
    • May 2023
    • April 2023
    • March 2023
    • February 2023
    • January 2023
    • December 2022
    • November 2022
    • October 2022
    • August 2022
    • July 2022
    • June 2022
    • May 2022
    • March 2022
    • February 2022
    • January 2022
    • December 2021
    • November 2021
    • October 2021
    • September 2021
    • August 2021
    • July 2021
    • June 2021
    • May 2021
    • March 2021
    • December 2020
    • November 2020
    • October 2020
    • September 2020
    • August 2020
    • July 2020
    • June 2020
    • May 2020
    • December 2018
    Meta
    • Log in
    • Entries feed
    • Comments feed
    • WordPress.org
    Facebook-f Twitter Instagram
    • Banking & Finance
    • Business & Economy
    • Health
    • Politics
    • World
    • Tech & Innovation

    Copyright ©, 2020-2021 syncnewsng.com. All Rights Reserved