Apple Inc.
has reportedly denied interest in acquiring TikTok after an Axios story from earlier Tuesday said that Apple was looking into a potential deal for the social-media app given that the U.S. has threatened to ban it from the U.S. due to national security concerns about Chinese parent company ByteDance. An Apple spokesperson told Axios following that report that the company hasn't held discussions about buying TikTok and isn't interested in a deal.
is considered to be the most logical bidder for TikTok and the company confirmed over the weekend that it would continue discussions about a possible deal. Apple shares are up 0.6% in Tuesday trading, while Microsoft shares are down 2.7%. Apple's stock has added 50% over the past three months, compared with an 18% rise for Microsoft's and a 13% gain for the Dow Jones Industrial Average DJIA, +0.41%, of which both Apple and Microsoft are components.
They would hardly confirm it
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Pompeo says Trump will take action 'in the coming days' on TikTok and other Chinese appsSecretary of State Mike Pompeo said Sunday that President Donald Trump 'will take action in the coming days' on Chinese apps, including TikTok, citing national security risks. This could be bad news for CNN...the China News Network. TikToc is so important with a pandemic going on! A little duct tape on your boss's mouth will stop the biggest national security risk.
Source: CNN - 🏆 4. / 95 Read more »
TikTok: How would the US go about banning the Chinese app?Several options exist, from preventing Google and Apple offering the app, to blocking its servers. I didn't think we could do that. Unless the Government labels the app as an 'Emergency National Security Concern'...? Even then, that would have to be proven.
Source: YahooNews - 🏆 380. / 59 Read more »
Trump Wants to Break TikTok Away From ChinaPresident Trump’s reportedly on the verge of signing an executive order forcing China’s ByteDance to sell the app. Microsoft’s interested.
Source: wwd - 🏆 24. / 68 Read more »
Microsoft, TikTok officials in White House talks to prevent total banMicrosoft confirmed talks between CEO Satya Nadella and President Trump and said the tech giant is 'committed' to acquiring TikTok. I do not trust Microsoft, Google, YouTube, Facebook & Twitter. These company are controlled by the Democratic Party’s & the CCP. TicTok broke the rules 2x +violated the law. No more chances. Abolish it and destroy the program completely. The communist party uses it to spy on people. Its not the only social media forum needing sanctioned. If China had human rights and ended communism,they would prosper.🛑⚰
Source: FoxNews - 🏆 9. / 87 Read more »
Microsoft Renews Its Pursuit Of TikTok After Talking With TrumpMicrosoft CEO Satya Nadella spoke to President Trump this weekend, and a ban now seems a little less likely. abebrown716 Let’s hope they didn’t cut him in on the deal. abebrown716 the word of the day is: kickback abebrown716 That is bad bad news!
Source: Forbes - 🏆 394. / 53 Read more »
Microsoft to continue talks to buy TikTok from ByteDanceMicrosoft Corp said on Sunday that it would continue discussions to acquire popular short-video app TikTok from Chinese internet giant ByteDance, and that it was aiming to conclude the negotiations by Sept. 15. What could go wrong? lol HawleyMO continues to support the confederacy and do nothing for Missouri I never used TikTok before. I downloaded this App just to check out why Trump hate it so much. Still no clue.
Source: Reuters - 🏆 2. / 97 Read more »