The acquisition of TikTok is getting closer and closer

The official announcement could come within a few days: anonymous sources told the Wall Street Journal and the New York Times that the acquisition of TikTok is now a done deal. The buyer's name will be revealed shortly. Recall that Microsoft, Oracle, Walmart and perhaps Twitter are in contention.

TikTok will soon be American: upcoming announcement

In any case, more will be known soon, certainly before that September 20 established by the Trump administration for the entry into force of the ban in the event that the platform does not pass under the control of a US reality. The amount of the economic outlay to be put on the plate to successfully complete the deal is estimated at around 30 billion dollars.

We recall that at the beginning of this week, China approved a new law that regulates the sale of "sensitive technologies" to foreign companies. The algorithms that define the functioning of TikTok as regards the indexing of contents and their display modes could be affected, thus effectively hindering or at least slowing down the sales operation.

The parent company ByteDance could get rid not of the whole package, but only of the business related to four countries: United States, Canada, Australia and New Zealand. This is the hypothesis formulated at first. The social network would thus be effectively split, divided into two or more entities active in different geographical areas.

Microsoft buying tik tok?