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Microsoft-TikTok deal may not happen: Report – Latest News

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The Microsoft-TikTok deal may not happen as odds of the deal are « not higher than 20 per cent, » the South China Morning Post (SCMP) reported on Monday.
San Francisco: The Microsoft-TikTok deal may not happen as odds of the deal are « not higher than 20 per cent, » the South China Morning Post (SCMP) reported on Monday. The probability of Microsoft buying TikTok is « not higher than 20 per cent » since the initial price offered by the US software giant was akin to « robbing the owner when his house is on fire ». The chances of Twitter buying TikTok is said to be even smaller, as the micro-blogging platform « just doesn’t have enough money. » The report, quoting sources, said that the Chinese firm ByteDance which is the owner of TikTok is « set to step up its fight against US President Donald Trump’s executive order to ban its TikTok app in the US ».

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