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Microsoft pursuing TikTok purchase by September 15th, may invite U.S. investors to deal

Microsoft pursuing TikTok purchase by September 15th, may invite U.S. investors to deal

4 years ago
Anonymous $qOHwDUKgAF

https://techcrunch.com/2020/08/02/microsoft-pursuing-tiktok-purchase-with-september-15th-deadline-may-invite-u-s-investors-to-participate/

Microsoft has posted a statement today on its corporate blog that says it will continue discussions on a potential TikTok purchase in the U.S.. As a part of the statement, it says that it may invite other “American investors” to participate on a minority basis.

The company says that this is a result of conversations between CEO Satya Nadella and President Trump. That is, basically, the ‘news’ here. Previous reports and our own digging pointed to the situation being totally in the hands of the White House, with Microsoft willing to make the buy but having roadblocks in the form of Presidential sentiment. If Satya has engaged Trump directly then there could be light at the end of this possibility tunnel after all.

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