Will ByteDance be able to sell some of its non-Chinese TikTok business or not? TikTok, the app that is all the rage with millenials who post thirty second movie clips and seem to have tremendous fun with it. And which got valued at more than $ 50 bn US before it was threatened with a ban in the US. It is less than a week to the deadline for an enforced shut down of the infrastructure. Time to jot down a number of seemingly, but not so random thoughts. Microsoft, in combination with Walmart, and Oracle, along with some unnamed additional investors, appear to be the frontrunners for making a deal. There are rumours about at least Twitter and Netflix showing some interest, too. If they are allowed to make a deal, and then willing to make it given the boundaries that are set by both, the US and the Chinese governments. There is tremendous pressure exerted by the US government citing a threat to national security because it could provide data about US users to China. This would make it nece...
- CRM (and other) Thoughts from Down Under