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Microsoft Corp’s potential acquisition of short-video app TikTok carries myriad risks, thrusting it into the politically fraught social media business and Sino-US conflict amid increased scrutiny of big-tech companies.
The Covid-19 pandemic is fueling an e-commerce boom as shuttered businesses move online – but Google isn’t benefiting in the way its big tech rivals are.
Let’s get something clear upfront: Microsoft Corp’s purchase of TikTok isn’t worth US$50bil (RM211.67bil).
In a bid to salvage a deal for the US operations of TikTok, Microsoft Corp chief executive officer Satya Nadella spoke with US president Donald Trump by phone about how to secure the administration’s blessing to buy the wildly popular, but besieged, music video app.
NEW YORK, Aug 3 (AP): Microsoft confirmed on Sunday it is in talks with Chinese company ByteDance to acquire the US arm of its popular video app TikTok and has discussed with President Donald Trump his concerns about security and censorship surrounding such an acquisition.
NEW YORK/WASHINGTON: China's ByteDance has agreed to divest the U.S. operations of TikTok completely in a bid to save a deal with the White House, after President Donald Trump said on Friday he had decided to ban the popular short-video app, two people familiar with the matter said on Saturday.
From spreading misinformation to allowing scammers to thrive, social media platforms are facing intense scrutiny for being slow to take action, and in some cases, not at all.
WASHINGTON (Reuters) - Two Republican senators back a plan by China's ByteDance to divest the U.S. operations of TikTok after President Donald Trump said on Friday he had decided to ban the popular short-video app.