- Microsoft is in talks to purchase TikTok, the massively popular video app that’s owned and operated by the Chinese company ByteDance.
- The purchase talks come amid threats from President Donald Trump to ban the app in the United States.
- Trump says the app funnels user information to the Chinese government, and must be operated by an American company to ensure the safety of user information.
- The cost to purchase TikTok could be as high as $50 billion, according to a recent valuation reported by Reuters. Anywhere near that number would make it one of the biggest tech acquisitions of all time.
- Visit Business Insider’s homepage for more stories.
Microsoft is in talks to buy wildly popular video sharing platform TikTok from Chinese owner ByteDance, and the deal could go as high as $50 billion — the latest valuation given to TikTok by its investors, according to a recent Reuters report.
That would make it the second-highest tech acquisition price of all time, well above the prices paid in dozens of major acquisitions.
Here’s a look at the history of tech’s most expensive acquisitions, from Apple’s measly $3 billion purchase of Beats all the way to Dell’s notoriously expensive acquisition of EMC Corporation for a whopping $67 billion:
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