TikTok will be the biggest deal of the century for Microsoft? Eye on Satya nadella


Posted on 4th Aug 2020 01:36 pm by rohit kumar

Recently US President Donald Trump said that he could ban TickTalk. The software maker is considering buying Microsoft TicketLock. In this connection, Microsoft's chief executive officer Satya Nadella spoke to Donald Trump on Sunday. Trump said that if this deal happens then the government should be given a substantial portion of the deal. Following a conversation with President Trump, the company has released a statement in the form of a blog, stating that they are ready to openly discuss the government on the benefits that the US can gain from buying TickTalk.

 

 

The company said that it appreciates the President's concerns about the country. Microsoft said, "By September 15, Tittock's owner, Bydtance, will complete its negotiations with the deal. Meanwhile, the Microsoft company will continue to discuss this with the US government and the president. The discussion with Byte Dance will be based on a notification issued by Microsoft and ByteDance and will be sent to CFIUS, the US foreign investment committee. Microsoft has stated that it intends to purchase TickTock in the US, Canada, Australia, and New Zealand markets as well.

Did you know?Explore Trending and Topic pages for more stories like this.

 

 

The company has said that other investors in the US can also be asked to invest in it. TicketLock's new structure will be made keeping in mind the existing choice of users, with special attention to privacy and digital security. The new system created by the company will keep transparency with the users as well as the government.

 

 

The company will take special care that the data of US citizens is transferred to the US and after the transfer, the company will delete all the data from another server. The company has also praised President Trump and the government's intervention in this matter. Some investors at Ticketock's own company have valued the US version of Ticketock at close to $ 50 billion. In the eyes of many market influencers, it is being said more.

 

 

Tim Kalpan of 'Bloomberg' says that Ticketock has overvalued its price. In his view, it is not worth much. At the same time, talking about Satya Nadella, the CEO of the Microsoft company, he is famous for making many big deals for the company.

 

 

Everyone's eyes are on Satya Nadella

 

 

The whole world is eyeing Satya Nadella regarding the ticket deal. Nadella has completed several major deals since the company took over as CEO in 2014. Nadella brought the company from PC operating to cloud computing. He completed many famous deals such as the Swedish game company, the Peshawar network site LinkedIn. It is believed that this ticket deal can prove to be the biggest deal of the century. But Microsoft will need the approval of the US Administration to complete the deal. A Financial Times report says that some executives of the ByteDance company believe that Microsoft could help the deal take a better position after President Trump's intervention.

 

 

Trump has demanded a share

 

 

US President Donald Trump has said that he will approve Microsoft's deal to buy Tiktok, but in return, he wants to pay money to his US government. Trump made his statement on Sunday. Trump also said that the US government should get a big part of it because this deal is being completed only because of us. He said, "They don't have any rights until we give them the rights. It's like a relationship between the landlord and the tenant - when a tenant doesn't have the lees then it's called 'key-money' Something has to be paid. "

 

 

Howard University law professor John Cott says "Under CFIUS laws, a president has no such statutory right to ask for money from the company. The US Congress has never asked an officer or an agency for a deal Has not been appointed to take a cut or to take a bribe. Just because the money from this deal will go to the US fund does not make it legal. Any kind of tax can only be levied by the US Congress, not the President. "

1 Like 0 Dislike
Previous news Next news
Other news

Taiwanese boys joining Ukraine's army: being martyred fighting Russia, reason told to China

The youth of Taiwan are also supporting Ukraine in the war being fought against Russia. Many boys

Cough Syrup: Ban imposed in Tamil Nadu, drug controller suspended in Rajasthan; what happened in the cough syrup case?

Following the deaths of 12 children in Madhya Pradesh and Rajasthan, the Tamil Nadu government ha

JEE Advanced 2022: JEE Advanced 2022 question papers released, answer key will come on this date

Indian Institute of Technology Bombay/IIT Bombay has released the question paper for JEE Advanced

Target Killing In Kashmir: Now terrorist grenade attack on workers in Shopian, two injured, search is on for the attackers

On Friday night in Shopian, South Kashmir, terrorists once again targeted workers from other stat

National Herald Case: Congress's 'Congress Satya BJP Jhoot' campaign starts today, 57 leaders will visit 57 cities

The Congress party will hold press conferences in 57 cities across the country between April 21 a

Supreme Court order to UP government, refund the money collected from CAA protesters

The Supreme Court on Friday ordered the Yogi Adityanath government of Uttar Pradesh to refund cro

NSE IPO 2026: Subscription Opens September 17 for ₹22,561 Crore Issue; Check Price Band & Key Dates

The much-awaited National Stock Exchange (NSE) IPO is set to open for subscription on September 1

CSIR UGC NET Result 2022: NTA released CSIR NET June exam result, see your result like this

CSIR UGC NET Result 2022: National Testing Agency (NTA) has released the CSIR UGC NET result for

Ram Mandir: 'The dream of crores of Hindus has come true', BRS leader's poem praised the Ram temple being built in Ayodhya; shared video

Ram Mandir The grand Ram temple being built in Ayodhya, Uttar Pradesh is going to be inaugurated

Coal India: Import will be done after seven years, after the opinion of the states, the central government took the decision

Coal India, the world's largest coal mining company, is going to import from abroad after seven y

Sign up to write
Sign up now if you have flare of writing..
Login   |   Register
Follow Us
Indyaspeak @ Facebook Indyaspeak @ Twitter Indyaspeak @ Pinterest RSS



Play Free Quiz and Win Cash