It's official: Microsoft is in talks to buy the TikTok business from ByteDance in four countries: the United States, Canada, Australia and New Zealand. This comes a day after US President Donald Trump told reporters on-board Air Force One that "As far as TikTok is concerned, we’re banning them from the United States". President Trump was not in favor of a US company buying Tiktok, but and was considering an executive order to ban it. However, as per Microsoft's statement (reproduced in full below), its CEO Satya Nadella has had a conversation with President Trump, and Microsoft is saying that this acquisition will be subject to a security review, and the company will continue to have a dialogue with the United States Government, including with the President. A reminder: TikTok had announced a $200 million fund for US creators earlier this month. Things are coming to a head for TikTok, a global social media major, that is reportedly valued at between $20 to $50 billion, and it reportedly is also in talks with another large major, and venture investors, according to Bloomberg. A few points to consider 1. A death blow to TikTok's global ambitions: The last few months have been hell for TikTok, and the complete dismantling of its global ambitions. It has been banned in its largest market - India - which is the largest user market in the world outside of China. Now it faces the threat of being banned in the largest advertising revenue market in…
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