Interesting piece of news going into the weekend where Microsoft is looking to buy TikTok operations in US while on the other hand, US president is looking to ban TikTok in US on the basis of personal information theft.
Strategically, this doesn’t make a lot of sense for Microsoft, which has been steadfastly focused on enterprise software under Chief Executive Officer Satya Nadella and has seen its market valuation balloon to more than $1.5 trillion because of it.
But Microsoft should absolutely try to acquire TikTok. Any company with the means to do it should.
Christopher Goodney | Bloomberg | Getty Images
Source: CNBC
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