Microsoft confirms talks to buy TikTok in U.S., aims to finish deal by Sept. 15

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Microsoft confirmed that it has been discussing an acquisition of the trendy app in the U.S. and other countries.

The two companies have looked at Microsoft buying TikTok in the U.S., Canada, Australia and New Zealand, and Microsoft might offer other American investors to get involved in the acquisition, Microsoft said. The company did not disclose deal terms.

"This new structure would build on the experience TikTok users currently love, while adding world-class security, privacy, and digital safety protections," Microsoft said. "The operating model for the service would be built to ensure transparency to users as well as appropriate security oversight by governments in these countries."

Trump agreed to give ByteDance 45 days to cut a deal with Microsoft over TikTok, Reuters reported on Sunday, citing unnamed sources. Microsoft said it would make sure that data on TikTok users in the U.S. would be located in the country and that data stored elsewhere would be deleted after it has been moved.

 

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Good for Tiktok. Sell.

throneofthesun Another way Microsoft can spy on us instead

There are lot of risks owning and operating a SM platform. Specially if its linked with CCP. I still feel realDonaldTrump should ban it quickly.

here is what we know for sure: The economic gasterism of US.

Bloated news reader Carl Q. is clueless on Trump's motives .

bullish, finish the game

Here is what I know. Wont be good for little Gates. $MSFT will overpay valuation multiples for a currently hyped product that will die off in next 1-2 (maybe 3) years. Social media comes and goes. Especially apps.

Must be slow news day.

Cannot wait for them to integrate this into Outlook.

This Just In: Trump Bans Chopsticks: 'We have a very strong executive order. We can do that. Just flick a switch and no more, I call them 'Chinese forks,' no more of them. Obama let Americans use them. I am much tougher on China. This will save American lives.' RacistInChief

I preferred it when he gave statements through the medium of sketch comedy

Consumer base? Do these people even know what TikTok is?

🤡 couldn’t comment about China, again. Total fraud.

How would Joe Biden handle this? He is not the Business President you have with Trump.

is a disgrace with this anchor. He’s a liberal hack who takes the media’s commands to support the Marxist BLM. Are your viewers this dumb to support this kind of racist garbage?

ballmer was literally running msft into the ground when he left.

But why does SquawkCNBC keep spreading false information? You just mentioned that it takes you 7-10 days to get results from a Covid test I had a test on Friday and had the results on Sunday CNBClies

CNBC reporter just claimed he can’t get a Covid test and waits 10 days for results when he can, but Ballmer had 4 in a week. I took a test in the Atlanta area on Friday. Took 15 minutes and had my results back early Sunday morning. Fake news again here.

There will be a day of reckoning for this shameless act of blatant robbery in broad daylight

Even the original DOS operating system was NOT a Microsoft creation. Every thing at Microsoft till date is an acquisition. Does this company anything ORIGINAL to call it their OWN CREATION?

We can’t be owners anymore but only managing partners. Interesting.

Had to stop watching CNBC in the AM because Andrew Ross Sorkin is such a woke idiot...

Make monopoly great again

Steve Ballmer should thank orange man for bullying tiktok into selling

I’m surprised that you ask someone who has over 300 million shares of MSFT, if the $600 unemployment benefits should be extended. Please rethink and ask folks that are suffering

Ballmer was a toxic leach for Microsoft and the company was dead for many years. Anything he has to say should be considered worthless.

EamonJavers Awesome! Even if they transfer the servers to Microsoft I bet it’s still packed with hidden malware to send data back to CCP.

EamonJavers And instead of spending money buying TIk Tok why not use those funds to help the American People AND as if every other search engine and social media platform isn’t using our data!!!! Give me a break, FOR their own gain! Please! This is Bananas! Do they hear themselves?demsrUSA

EamonJavers I don’t like any of this, any company that has contracts with government, and has self interest, then bring other powerful leaders into the mix .... all sounds like another problem. Tik Tok is the least of our worries ! I don’t care ! Stop COVID! Then deal with TIk Tok OMG !!!!

EamonJavers Forceful Illegal grab and daylight robbery by USA of TikTok in the name is security.

EamonJavers It's an unacceptable ROGUE practice! Trump acts like a godfather! It's not about protectionism whatsoever! It's about stealth! Chinese will retaliate a way or another. Welcome to hell! microsoft tiktok US

EamonJavers

EamonJavers Free market is a joke in the United States. Same shit happened with Alstom. When a foreign company gets more revenue than the US ones, you either got banned or bought up

Gates...again.

LouPalumbo

Boomers don’t understand Gen Z at all. What a monumental waste of cash and credibility.

They shouldnt be allowed.... destroy tiktok so these brain dead idiots can go on and have a real life.

Cleaning suvocate n virus account.

Cancel TikTok

Bill gates and Donald trump on their way to tiktok to rob the owners

Stop blood transfusion to the Chinese Communist Party. Every penny made by the Chinese Communist Party from the United States will be used to attack our country. Wait and see. realDonaldTrump SecPompeo marcorubio GOP robert_spalding WarRoomPandemic

How the rich stay rich! Dont tell me 45 and Gates aren't playing America. This is soooo calculated. You gonna railroad a company to sell technology to the USA? White collar GANGSTERS!!!

Antitrust

Lol They will find out that those millions views per video probably may not be so.

Main reason POTUS wanted to ban tiktok_us ... he’s trying to stem competition for his enablers Twitter Facebook

App filled with pedophiles being brought by Microsoft.

This is interesting as TicTok is being removed totally by the US federal govt! I would imagine the FBI would be a candidate to monitor this certain transaction and capabilities! This will be highly overviewed as ethics and security will be in serious question! High exposure!

Extortion. TikTok

well the price for Tik Tok just went waaaaay up!

No

Beautiful deal especially for tiktok

I guess it's a good thing that it's not getting banned just because Trump doesn't like it.

.Microsoft and realDonaldTrump meet to discuss an app that, collects and uses or data. Come on now, y’all can’t tell me this smells right.

Can’t beat them? Force them to be worthless and buy their worthless a$$ 😂

Thank Goddess, I been holding this stock for a while. Should see rockets now!!!!

Why would Microsoft waste their time buying TikTok? To me, it’s a waste of money because they don’t focus on socialmedia that much.

Having LinkedIn and TikTok owned by the same company should make for some interesting cross promotion.

Microsoft confirms 1st talks and has an exact date for a merger or not.

I trust Microsoft about as much as the Chinese government.

Good for Microsoft.

I don't even know what TikTok is nor do I care.

Before allowing Microsoft to buy Tik Tok, Trump should remember that BILLIONS of US $$$ will flow from America into China. Why not ban Tik Tok and force US companies to design a comparable product? That way money stays in USA

Big mistake

Stupid

This is a win win. Don’t f this up trump

BusterScher

how much $MSFT will open Monday and close ? $AAPL $MSFT $AMZN $GOOGL $FB $TSLA $NVDA $AMD $NFLX $BA $SPX ES_F NQ_F $VIX $JPM $GS $BAC $BABA $CAT $MMM $MRNA $NVAX $JNJ $UNH

😒🤳🏿 No way I'd sell to Microsoft. Microsoft: if y'all want to stay in the US, you gotta sell to us. Sure we'll throttle & block some of the content that bashes conservatives & tRump but hey look at the zeros on this check!

This is American style, blackmail/threat until you sell it to us lol

It’s ok for the US to have control here but not the Chinese?

cdotharrison Fuck thats worse than death.

JonesOnTheNBA Hey fellow Tiktok youngsters just wanted to remind you that I’m the proud owner of Microsoft! You can thank me later, by trying something I’m working on now, can’t get in to it too much but it starts with a”V” thanks again..B. Gates

How much did Trump get paid for this I wonder.

Great! Hope the deal goes thru.

Then Trump ban it afterwards

Called it

Frankly it’s a waste of money.

All of the US social media Apps are banned in China. Why it is so hard for US to ban a social media App from China ?

Grabbed $205c Friday for $1.67. These can moon

Predatory Economics through blackmail

Ahahah. Figures. Bring the espionage in-house 😂😂

Outstanding ‼️‼️‼️

Oooooh ok if I had to bet, let’s say Microsoft and one other investor buys tik tok for 158.3 billion? Friendly Wager?

Ok so instead of blatantly sending data to China they will do it quietly. Got it.

If you don't like TikTok, don't use it, but don't ban it either.

No, just ban it.

LAVAoption great purchase, lets see how $MSFT can handle the top app in the world .

CCP handing off your data to Gates and Co

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