You are here: Home » Companies » News
Business Standard

Microsoft weighs TikTok purchase as ad business flattens out: Report

Microsoft is in exploratory deal talks as the US government prepares to force China-based ByteDance to divest its video app TikTok over data security concerns, says report

Topics
Microsoft | TikTok | ByteDance

Reuters  |  OAKLAND 

Microsoft Corp could re-energize its advertising business with a huge supply of video if it follows through on acquiring TikTok's US operations from ByteDance. Reuters reported on Friday, citing a source familiar with the matter, that Microsoft is in exploratory deal talks as the US government prepares to force China-based ByteDance to divest its video app TikTok over data security concerns. Microsoft generates the bulk of its $143 billion in annual revenue by licensing software such as Windows and Office as well as cloud storage and computing tools through its Azure ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Sat, August 01 2020. 11:12 IST
RECOMMENDED FOR YOU
.