Solen Feyissa

TikTok and Twitter are starting to talk about a possible combination, WSJ reports

Business Insider - Left Center Bias - Liberal - Democrat - Progressive - Credible

Source: Business Insider

Another tech giant was reported to be on TikTok’s dance card Saturday night – Twitter.

“People familiar with the matter” told the paper that a deal, which it said Twitter may not end up pursuing, would involve TikTok’s US operations.

Twitter declined to comment on the report to Business Insider.

It’s unclear what a Twitter-TikTok deal could look like, how much it could cost, or how Twitter could pay for it.

The WSJ pointed out that Twitter’s market cap is about $29 billion, while Microsoft’s exceeds $1.6 trillion.

Twitter has about 186 million users, according to its most recent earnings at the end of July.

Full Story @ Business Insider

Share this:

Leave a Reply

%d bloggers like this: