News > Microsoft’s TikTok deal: bargain of the decade or a $50bn blunder?

Microsoft’s TikTok deal: bargain of the decade or a $50bn blunder?

12/08/2020 07:55 PM | Click to read full article

As the clock ticks on Microsoft’s fast-track talks to buy TikTok the jury is out on whether it marks a unique opportunity to become a global social media giant overnight, or a $50bn (£38bn) geopolitically fuelled business blunder.

Donald Trump’s trade war with China has forced ByteDance to pursue a sale of its US business after the president signed an executive order that could shut it down on 15 September.

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