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Business Tech

TikTok Has Already Had Opportunities to Sell to Microsoft, Oracle, Sequoia and General Atlantic – But Decided No

It seems like everyone wants to piece of TikTok before D-Day in the USA.

Microsoft have been in talks for some time but don’t seem to be progressing.

Oracle are now reportedly in talks, but there has been no real confirmation of those talks from either side (plus I don’t know why Oracle would think that it would be a good fit to run a video consumer product).

Sequoia and General Atlantic attempted to buy a majority stake in TikTok last month, but both seem to have failed.

I think TikTok won’t be selling any stakes as it seems like they have had adequate opportunities already, but have decided not to move forward with those advances.

It going to be very interesting to see how this plays out.

Categories
Business Tech

Why Did Microsoft Buy Wunderlist and Then Kill The Product?

Microsoft buying Wunderlist seemed to fit nicely with the business productivity suite that Microsoft has developed over many year.

The Wunderlist acquisition was only $150 million and it sounds like a lot, but it is only 0.1% of Microsoft’s market capitalisation.

Wunderlist fits in nicely with Outlook and running tasks from within email – plus it can go nicely with Office 365 inside a suite of much larger products – it also might have been to hire the amazing talent at Wunderlist.