.Twitter and tiktok_us Have Held Merger Talks as Trump Ban Looms (Report)
. The lawsuit also will allege that Trump failed to provide any evidence that would show TikTok is a danger to the U.S.’s national security, per the report.TikTok’s Highest-Earning Star Is Addison Rae, Who Takes Home $5 Million per Year
What the financial mechanics of a Twitter-TikTok combo might look like are unclear. Twitter’s market capitalization, based on its Aug. 7 closing stock price, is $29.38 billion — while TikTok has been valued at about $50 billion by a group of U.S.-based ByteDance investors who were looking to acquire control of TikTok, Reuterslast month. The Journal reported noted that Twitter “would almost certainly need help” to swing a deal for TikTok.
TikTok lets users create, edit and share videos of 15-60 seconds long. If TikTok became part of Twitter, it would be a second attempt by Twitter to get into the short-form video arena: Its previous, unsuccessful foray came through the 2012 acquisition of Vine — but TwitterMicrosoft has said it is looking at acquiring TikTok’s U.S.
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Twitter, TikTok held preliminary talks about potential combination: WSJTwitter Inc has held preliminary negotiations about a potential combination with TikTok, the Wall Street Journal reported on Saturday, citing sources.
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TikTok and Twitter are starting to talk about a possible combination, WSJ reports - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
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Twitter and TikTok had talks about potential combination of social media services, report saysAccording to The Wall Street Journal, Twitter had talks about a potential combination with TikTok.
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TikTok threatens legal action after President Trump issues executive order to block appPresident Donald Trump issued executive orders to ban TikTok and WeChat in 45 days, citing national security fears. TikTok swiftly responded by threatening to take legal action.
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Trump’s Attack on WeChat and TikTok Highlights Cost of China’s Technological RivalryIf Donald Trump wanted to shore up America’s national security with his Thursday night executive orders pinpointing two Chinese apps, he has certain not achieved much. On the other hand, if he want…
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