Stay Informed. Stay Competitive with FREE Insights on the Stock Market, Dow 30 & Emerging Opportunities. Get Free Email Updates

Stay Competitive With Stock Market Updates!

Get Free Updates

Microsoft & TikTok Talks Continue but…

By John F. Heerdink, Jr.

As per reports, Microsoft Corp (MSFT) is still in talks to strike a deal by Sept. 15 for TikTok’s U.S., Canada, Australia, and New Zealand operations from the Chinese internet giant ByteDance. The deal would help Microsoft build on its $27 billion purchase of LinkedIn to become a bigger player in internet advertising, which is now dominated by Facebook Inc and Google. Microsoft ensured that all private data of TikTok’s American users are transferred to and remains in the United States, after a conversation between U.S. President Donald Trump and CEO Satya Nadella.

“Microsoft fully appreciates the importance of addressing the President’s concerns. It is committed to acquiring TikTok subject to a complete security review and providing proper economic benefits to the United States, including the United States Treasury,” Microsoft said in a statement.

Redmond, Washington-based American multinational technology company Microsoft (MSFT) develops, manufactures, licenses, supports and sells computer software, consumer electronics, personal computers, and related services. To learn more about Microsoft (MSFT) and to track their progress please visit the Vista Partners Coverage Page.

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website:www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives. 

Stay Informed! Stay Competitive! Please join us at Vista Partners and receive our FREE email updates throughout the week and view our exclusive content and research.


Post View Count : 192
(Read Original Story: Microsoft to continue talks to buy TikTok from ByteDance in Reuters)


YOUR GUIDE TO STAYING INFORMED IN THE MARKETS

Subscribe for FREE Email Updates & Access To EXCLUSIVE Research!

Connect with us