NIFTY 50 23,003.05 up stock 57.75 (0.25%)
NIFTY 100 23,420.75 up stock 89.35 (0.38%)
NIFTY 500 20,753.95 up stock 142.55 (0.69%)
NIFTY MIDCAP 50 14,180.20 up stock 183.45 (1.31%)
INDIA VIX 15.45 Down stock -0.22 (-1.35%)
NIFTY MIDCAP 150 18,625.35 up stock 249.50 (1.36%)
NIFTY SMALLCAP 50 7,481.05 up stock 135.05 (1.84%)
NIFTY BANK 49,547.10 up stock 459.80 (0.94%)
NIFTY AUTO 21,814.20 Down stock -4.70 (-0.02%)
NIFTY FMCG 52,502.30 up stock 21.80 (0.04%)
NIFTY IT 41,286.95 Down stock -177.40 (-0.43%)
NIFTY MEDIA 1,501.20 up stock 28.55 (1.94%)
NIFTY METAL 8,350.65 up stock 95.05 (1.15%)
NIFTY PHARMA 20,820.65 Down stock -148.55 (-0.71%)
NIFTY PRIVATE BANK 24,753.00 up stock 252.40 (1.03%)
NIFTY REALTY 855.20 up stock 23.15 (2.78%)
NIFTY OIL & GAS 10,036.95 up stock 64.90 (0.65%)
NIFTY COMMODITIES 7,845.10 up stock 63.25 (0.81%)
NIFTY ENERGY 31,172.80 up stock 323.75 (1.05%)
LEADMINI 188 up stock 0.20 (0.11%)
ZINCMINI 261.25 up stock 0.25 (0.1%)
SILVERMIC 89730 up stock 72.00 (0.08%)
GOLDGUINEA 59188 up stock 50.00 (0.08%)
GOLDM 72900 up stock 28.00 (0.04%)
COTTONCNDY 56540 up stock 20.00 (0.04%)
SILVER 89675 up stock 29.00 (0.03%)
CRUDEOIL 6609 Down stock -237.00 (-3.46%)
NATURALGAS 177.5 Down stock -0.30 (-0.17%)
NATGASMINI 177.5 Down stock -0.30 (-0.17%)
MENTHAOIL 942.2 Down stock -1.20 (-0.13%)
ZINC 260.7 Down stock -0.25 (-0.1%)
ALUMINIUM 220.5 Down stock -0.20 (-0.09%)
LEAD 187 Down stock -0.10 (-0.05%)
NIFTY 50 23,003.05 up stock 57.75 (0.25%)
NIFTY 100 23,420.75 up stock 89.35 (0.38%)
NIFTY 500 20,753.95 up stock 142.55 (0.69%)
NIFTY MIDCAP 50 14,180.20 up stock 183.45 (1.31%)
INDIA VIX 15.45 Down stock -0.22 (-1.35%)
NIFTY MIDCAP 150 18,625.35 up stock 249.50 (1.36%)
NIFTY SMALLCAP 50 7,481.05 up stock 135.05 (1.84%)
NIFTY BANK 49,547.10 up stock 459.80 (0.94%)
NIFTY AUTO 21,814.20 Down stock -4.70 (-0.02%)
NIFTY FMCG 52,502.30 up stock 21.80 (0.04%)
NIFTY IT 41,286.95 Down stock -177.40 (-0.43%)
NIFTY MEDIA 1,501.20 up stock 28.55 (1.94%)
NIFTY METAL 8,350.65 up stock 95.05 (1.15%)
NIFTY PHARMA 20,820.65 Down stock -148.55 (-0.71%)
NIFTY PRIVATE BANK 24,753.00 up stock 252.40 (1.03%)
NIFTY REALTY 855.20 up stock 23.15 (2.78%)
NIFTY OIL & GAS 10,036.95 up stock 64.90 (0.65%)
NIFTY COMMODITIES 7,845.10 up stock 63.25 (0.81%)
NIFTY ENERGY 31,172.80 up stock 323.75 (1.05%)
LEADMINI 188 up stock 0.20 (0.11%)
ZINCMINI 261.25 up stock 0.25 (0.1%)
SILVERMIC 89730 up stock 72.00 (0.08%)
GOLDGUINEA 59188 up stock 50.00 (0.08%)
GOLDM 72900 up stock 28.00 (0.04%)
COTTONCNDY 56540 up stock 20.00 (0.04%)
SILVER 89675 up stock 29.00 (0.03%)
CRUDEOIL 6609 Down stock -237.00 (-3.46%)
NATURALGAS 177.5 Down stock -0.30 (-0.17%)
NATGASMINI 177.5 Down stock -0.30 (-0.17%)
MENTHAOIL 942.2 Down stock -1.20 (-0.13%)
ZINC 260.7 Down stock -0.25 (-0.1%)
ALUMINIUM 220.5 Down stock -0.20 (-0.09%)
LEAD 187 Down stock -0.10 (-0.05%)

Updated 16:11 IST, January 28th 2025

After Elon Musk Buzz, TikTok Now Being Bought By Microsoft? What We Know So Far

Trump took office on January 20, and signed an executive order seeking to delay the enforcement of the law by 75 days.

Reported by: Business Desk
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Microsoft in Talks to Take Over TikTok
Microsoft in Talks to Take Over TikTok | Image: Social Media

United States President Donald Trump on Monday told reporters that Microsoft is in talks to acquire the video-sharing platform TikTok and that he would like to see a bidding war over the app.

Microsoft denied to comment on this, according to a Reuters report. Additionally, TikTok and ByteDance also did not immediately respond to Reuters' requests for a comment.

TikTok, owned by ByteDance has about 170 million American users. The app was briefly taken offline as a law that required its Chinese owner ByteDance to either sell it on national security grounds or face a ban took effect on January 19.

Trump took office on January 20, and signed an executive order seeking to delay the enforcement of the law by 75 days.

Last week, Trump said that he was in talks with multiple people over buying TikTok and would most probably have a decision on the app's future in the next 30 days.

Previously, Trump has also said that he was open to Elon Musk buying the social media app if he wanted to do so. Musk, however, has made no comments on the same.

Artificial Intelligence (AI) startup Perplexity AI on Sunday made a proposal to merge with TikTok, with the US government getting up to half of the new company in future, according to a Reuters report.

This marks the second time that Microsoft has been in the frame to acquire TikTok.

In his first term, Trump ordered to separate its US version from ByteDance citing national security concerns.

In 2020, Microsoft had emerged as a top bidder, but the talks collapsed soon and Trump's divestment push ended a few months later when he left office.

Satya Nadella, Microsoft CEO called that deal the 'strangest thing' he has ever worked on.

Reportedly, the US government had a "particular set of requirements and then it just disappeared," he said in 2021.
 

Published 14:12 IST, January 28th 2025