Preliminary Discussions between Twitter and TikTok on a possible combination - The Point

While Microsoft seemed interested in a buyout of TikTok, it is finally on Twitter that it has, according to the Wall Street Journal, engaged in preliminary disc

Preliminary Discussions between Twitter and TikTok on a possible combination - The Point

While Microsoft seemed interested in a buyout of TikTok, it is finally on Twitter that it has, according to the Wall Street Journal, engaged in preliminary discussions for a possible business combination with the application of the chinese, that Donald Trump accused of espionage in favour of China and threat of ban in the United States. Interviewed by Agence France-Presse, Twitter, and TikTok, however, have refused to confirm the information published Saturday night by the financial daily, which cited sources close to the matter.

The us president has signed Thursday a decree prohibiting, within 45 days, any transaction, "persons under u.s. jurisdiction" with ByteDance, the mother house of TikTok, citing a "national emergency" regarding the application of video light. In the beginning of the week, Donald Trump said he was open to redemption of TikTok by an american group before the 15 September, but has warned that the service would be prohibited on the u.s. soil if no transaction took place in the meantime. The tenant of the White House has also demanded that in the event of a redemption of a significant part of the sum would accrue to the u.s. Treasury.

Read also technological Warfare, the "time TikTok"

Unlike Microsoft, Twitter is not available in China

Microsoft has expressed on Sunday last his interest in the acquisition of the activities of american, canadian, australian and new zealand TikTok. According to the Wall Street Journal, Twitter is estimated to incur less risk than Microsoft to be pinning for abuse of a dominant position in this file due to its size significantly lower. The platform would likely need the support of other investors to carry out an operation of purchase.

in addition, and unlike Microsoft, Twitter is not available in China, where the government blocks access to it since 2009. Twitter allows you to share videos, but works mainly through the publication of short text messages and pictures or animated images. Twitter had acquired in 2012 on the platform of very short videos in Vine, but had decided to discontinue the service in 2016.

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Updated Date: 09 August 2020, 06:33

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