Titak does not want to lose its manufacturers in other countries after the ban in India. TickTock has announced £ 54 million (Rs 530 crore) in funding for the creators of Europe to maintain its reign in Europe. Tickettal has asked critics to pay in the face of stiff competition from other apps.
Many applications for online short videos have come from all over the world, including Europe, so the company has announced funding to hold its own in the market. The company says it wants to give talented people the opportunity to turn their creativity into a career. He expects his earnings to increase to ১ 231 million (. 22 billion) over the next three years.
Similar funds were announced for U.S. manufacturers. A 200 200 million (14 14.9 billion) fund for creators was announced here. However, in a situation where tickets are going to be banned in America today, it can be said that the difficulty of ticketing is increasing. After being banned from India and the United States, Titcock may bring his new plans to other countries.
Microsoft is in talks to acquire TickTock’s US operations
Technology giant Microsoft TickTock is in talks for an advance round of U.S. acquisitions when President Donald Trump says his administration is considering banning the China-owned video app, Trump told reporters at the White House. Maybe we should ban ticking. “
India has banned 10 Chinese apps, including TickTalk, and both the US administration and lawmakers have welcomed the move. In response to a question, Trump said, “We can do more. There are several options. But a lot is already happening, so we have to see what we have to see. However, we are looking at many options related to TickTalk. “
The “Wall Street Journal” reported on Friday night that Microsoft, an Indian-American true Nadella-led company, has already begun talks to acquire TickTock’s U.S. business. The deal could be worth billions of dollars. “According to people with knowledge of the case, an agreement could be reached by Monday and representatives from Microsoft, ByteDance and the White House could be involved in the talks. Negotiations are possible and not a deal,” the newspaper said.
In recent weeks, U.S. Secretary of State Mike Pompeo has also accused Titus of gathering personal information about Americans. He told members of the House Foreign Affairs Committee on Thursday that “India has banned 100 Chinese apps, including TickTalk, which puts the privacy and security of citizens at risk.” Media reports further said that the Trump administration may soon deprive Tittalk of ownership of the bytendance of U.S. activities.