WSJ: Twitter has held ‘preliminary talks’ about a potential ‘combination’ with TikTok - News Summed Up

WSJ: Twitter has held ‘preliminary talks’ about a potential ‘combination’ with TikTok


The drama around TikTok’s fate in the United States continues to evolve. A new report from The Wall Street Journal today says that Twitter has held “preliminary talks” with TikTok about a potential “combination.” Despite these talks, Microsoft is still said to be the “front-runner” to acquire the company. Furthermore, the report adds that Twitter would be a long-shot contender for TikTok’s United States business, but that its smaller size could help alleviate anti-trust concerns. A variety of companies have reportedly expressed interest in potentially acquiring TikTok at one point or another, including Apple, Google, Facebook, Twitter, and Microsoft. The order will take effect in 45 days, but a sale to a United States company such as Microsoft would alleviate these concerns.


Source: Wall Street Journal August 09, 2020 12:22 UTC



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