the American company Twitter has had preliminary talks about a possible merger with the social network TikTok, which is owned by Chinese ByteDance. This information was published Saturday by the newspaper the Wall Street Journal, citing its sources.
it is Noted that Twitter is interested only in the American segment of the social network, writes TASS. Its market value could reach tens of billions of dollars. The newspaper reported, ready for Twitter to bring the negotiations to a logical end and to compete with other competitors. The main contender for the purchase of shares in the TikTok is considered to be Microsoft.
Earlier, the President of the United States Donald trump issued an order prohibiting any American companies to trade with ByteDance. According to the document, within 45 days of any transaction in the United States with ByteDance will be banned if TikTok will not buy an American company. The decree States that Washington needs to take aggressive action against the owners TikTok to protect national security.
