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Will Microsoft Pay $30 Billion For TikTok?

  • CNBC, Wednesday, August 5, 2020 11:31 AM
If and when a deal gets done, Microsoft could pay somewhere between $10 billion and $30 billion for TikTok, CNBC reports. Additionally, “Microsoft has already agreed with the U.S. government to bring TikTok’s code from China to the U.S. within one year,” it notes. “Very few American companies have the bandwidth to transfer large amounts of data over to its own systems within a year, let alone afford the billions TikTok will cost.”

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