151–160 of 546 posts
What value does Microsoft get out of this? Looks like a desperate deal pushed by TikTok to get rid of "Chinese spyware" tag. The deal makes no absolute sense.
Not a single person seem to think that it is odd that we can simply order a foreign company to sell their business to an American company.
If TikTok wants the American/European market and they’d sell the company in order to so, that’s just the reality of working within the current geopolitical landscape.
Not a single person seem to think that it is odd that we can simply order a foreign company to sell their business to an American company.
Earlier quoted context omitted.
>I guess anything makes sense to a company that paid $26 billion USD for LinkedIn. Is there data to support that this was overvalued? Not personally a big fan of LinkedIn, but it seemed like probably a good long-term buy for Microsoft.
I don't know, tbh. But to my understanding, it was not profitable before the acquisition. It does generate ~5 billion dollars in revenue now, but Microsoft won't tell you how much of that is profit. Even if I charitably apportion 1B profit (which I bet Microsoft would trumpet if that was a thing), that's 20+ years to make the 26B back. My bigger problem with LinkedIn is that it's a cesspool of recruiter spam. Lynda.c…
Not a single person seem to think that it is odd that we can simply order a foreign company to sell their business to an American company.
Wait, so I'm going to have to install the TikTok For Business with Sharepoint integration in my Teams? I guess anything makes sense to a company that paid $26 billion USD for LinkedIn.
Jokes aside, it probably would be a nice addition to their consumer-oriented portfolio (i.e. xbox, minecraft, etc), if they're planning to stay relevant in the FAANG-taking-over-the-world state of reality these days.
Not a single person seem to think that it is odd that we can simply order a foreign company to sell their business to an American company.
Is it any more odd than China strong-arming the NBA, lest they are barred from operating there? If TikTok wants the American/European market and they’d sell the company in order to so, that’s just the reality of working within the current geopolitical landscape.
I wonder what the ownership transfer of a multi-billion dollar app looks like? Like, what emails, button clicks, phone calls, etc, is involved in changing the ownership of the iOS app from one party to another? Presumably it's a different process from like, a toy app with zero downloads?