Microsoft eyeing TikTok's 'entire global business', not just the US

Microsoft is reportedly looking at a total buyout of TikTok's global business from China-based ByteDance, not just the US arm.

@anthony256
Published Thu, Aug 6 2020 9:47 PM CDT   |   Updated Sat, Aug 8 2020 10:29 AM CDT

The last week has been an interesting one for both Microsoft and TikTok, with the Trump administration and China thrown into the mix over rumors that the Windows giant was going to acquire the TikTok's US business.

Microsoft eyeing TikTok's 'entire global business', not just the US 09 | TweakTown.com

But now we have new reports from the Financtial Times that says they've had sources tell them Microsoft is reportedly mulling a complete buyout of TikTok's entire global business from ByteDance. ByteDance is based in China, and has the Trump administration keeping a close eye over the deal.

The Financial Times reports that this deal would reportedly not include ByteDance's sister Chinese app, Douyin. One of the roadblocks of this huge acquisition of TikTok is that Microsoft is looking into whether it is able to add regions like India and Europe into the deal.

There was reportedly a "deal in the works" with Microsoft and TikTok India, but the deal fell through according to the Financial Times' source.

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NEWS SOURCES:ft.com, reuters.com

Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

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