Competition will be fierce to acquire TikTok. After Microsoft, it is Twitter's turn to show its interest in the application that Donald Trump accuses of spying for the benefit of China and threatens to ban the United States. According to an article dated Saturday from the Wall Street Journal , Twitter has started preliminary discussions for a possible merger with the Chinese social network.
Twitter couldn't go it alone
Microsoft expressed interest in acquiring TikTok's US, Canadian, Australian and New Zealand operations last Sunday. But, Twitter believes it is less likely than Microsoft to be pinned for abuse of dominance in this matter because of its significantly smaller size. However, the platform would likely need the support of other investors to complete a buyout. Finally, Twitter, unlike Microsoft, is not available in China, where the government has blocked its access since 2009.
The US president on Thursday signed a decree banning, within 45 days, any transaction "of persons under US jurisdiction" with ByteDance, the parent company of TikTok. Donald Trump also said he was open to the takeover of TikTok by an American group before September 15, but warned that the service would be banned on American soil if no transaction took place by then. The tenant of the White House also demanded that in case of redemption, a significant part of the sum return to the US Treasury.
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Understanding everything about the standoff between Donald Trump and TikTok
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"I spend almost 20 hours a day on social networks", says Emilie, who suffers from FoMO syndrome.
- Donald trump
- Social networks
- United States
- Microsoft
- TikTok
- High Tech