Who stands to win and lose from Microsoft’s potential TikTok takeover? Analysis Paul Haskell-Dowland 5 August 2020 In response to Trump's 'plans' to ban TikTok in the US, a deal is being negotiated between ByteDance and software giant Microsoft.
TikTok banks $25 billion in revenue, making an incumbent out of YouTube Coronavirus Stephanie Palmer-Derrien 2 June 2020 TikTok parent ByteDance generated US$17 billion ($25 billion) in revenue in 2019, and $3 billion in net profit, eclipsing OG video platform YouTube.
