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Haunted by Regret Over Killing Vine, Twitter Purportedly Eyes Acquiring TikTok

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While we’re all waiting to see if Microsoft succeeds in striking a deal to buy TikTok, bam! Surprise! Another big tech company, although not nearly as big as Microsoft, has apparently entered the fray, saying that it too is interested in arguably one of the hottest apps currently on the market. That company is purportedly Twitter. Yes, the same company that, years ago, killed its own beloved short-form video app, Vine.

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The Wall Street Journal reports that Twitter has had “preliminary talks” about a potential merger with TikTok, specifically its U.S. division. The news is surprising, given that Twitter has a lot less financial muscle than Microsoft and would almost certainly need help from other investors if it were to make a bid for TikTok. Microsoft is interesting in acquiring not only TikTok’s U.S. business, but also its operations in Australia, Canada and New Zealand.

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Per the Journal, although it’s not clear what the valuation of TikTok’s U.S. business could be, it could run into the tens of billions of dollars. Some analysts claim it is worth between $20 and $50 billion.

This is an important point given that Twitter’s market capitalization is about $29 billion. For comparison’s sake, Microsoft’s is more than $1.6 trillion. In terms of cash and short-term investments, Twitter reported $7.8 billion in June. Microsoft reported $136 billion. Oh, and Twitter also lost $1.23 billion in the latest quarter.

But Twitter doesn’t want you to focus on its finances. People familiar with the TikTok discussions at Twitter told the Journal that because it is much smaller, it would not face the same level of antitrust scrutiny as Microsoft or other potential bidders. Nonetheless, Reuters reports that one of Twitter’s shareholders, the private equity firm Silver Lake, is interested in helping fund a potential deal.

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In addition, since Twitter doesn’t operate in China—the government blocked it in 2009—the company argues that its bid would not face any pressure from the country, according to Reuters.

The Journal reports that Microsoft, which has been negotiating for weeks with Bytedance, TikTok’s Chinese owner, is considered a front runner for any possible deal. Twitter is seen as a long-shot bidder because it is much smaller than Microsoft and would have a harder time paying for TikTok. Microsoft is also more advanced in negotiations.

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It may seem ironic that Twitter, which shuttered Vine in 2017 as part of a cost-cutting restructuring effort, is now suddenly interested in TikTok. Part of its interest could be related to pure regret, especially after seeing TikTok thrive in a space Vine once dominated before it was overcome by Instagram and Snapchat.

TikTok only has a few weeks to find a buyer for its U.S. business because of recent actions by President Donald Trump against Bytedance. Trump and other federal officials claim that the Chinese government could use TikTok to spy on millions of U.S. users, an assertion that has never been proven and that TikTok denies.

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The president has given TikTok until Sept. 15 to find a buyer or face a ban in the country. However, to everyone’s eternal confusion, Trump apparently wants the U.S. to receive a substantial cut of any deal between Microsoft and Bytedance for TikTok, a demand that confounded legal experts and White House officials.

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[The Wall Street Journal]

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Charge Your Phone Wirelessly With 50% off a Multifunctional LED Lamp

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Best Tech DealsBest Tech DealsThe best tech deals from around the web, updated daily.

White Wireless Charge Lamp | $18 | Amazon | Clip coupon + code ABC88699
Black Wireless Charger Lamp | $20 | Amazon | Promo code ABC88699

When you’re ready to turn in for the night, you don’t want to forget to charge your phone— especially if your mobile device doubles as your alarm clock.

With this wireless charger lamp, you can make this crucial step of your nightly routine even easier by just setting your phone on the wireless charging pad and… well, that’s all there is to it!

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Other functions include multiple lighting modes as well as a sleep timer option for auto shut-off of the light after 30 or 60 minutes.

This lamp can be yours in white for $18 if you clip the coupon on Amazon (it’s below the original $40 price) and add promo code ABC88699 at checkout.

You can snag the black version for $20 using the same code—no coupon though, sorry.

Don’t sleep on this deal! Who knows how long stock or the coupon code will last?

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Keep That Hotdish Hot With 65% Off a Luncia Casserole Carrier, Only $11 With Promo Code

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Best Home DealsBest Home DealsThe best home, kitchen, smart home, and automotive deals from around the web, updated daily.

Luncia Double-Decker Dish Carrier | $11 | Amazon | Promo code SDDU9S7F

It has been a long time since the days we could safely have a potluck or other gatherings, but we have a fantastic deal perfect for once those times return. These double-decker Luncia dish carriers can be had for 65% off when you add promo code SDDU9S7F at checkout and clip the coupon on the site (it’s just below the price). These holders fit 9″x 13″ sized baking dishes.

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That means you can insulate and keep two dishes of food warm for only $11 instead of $30. What’s more, your Luncia carrier will arrive by Christmas if you order today as a Prime member.

Just add promo code SDDU9S7F and clip the 5% off coupon to bring the price down to $11 for the blue or the grey option.

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Grab this offer while it’s still around!


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Conquer Your Pup’s Dander and Fur With $700 Off a Cobalt or Charcoal Bobsweep PetHair Plus Robot Vacuum

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Best Home DealsBest Home DealsThe best home, kitchen, smart home, and automotive deals from around the web, updated daily.

Bobsweep PetHair Plus Robot Vacuum & Mop (Cobalt) | $200 | Best Buy

Bobsweep PetHair Plus Robot Vacuum & Mop (Charcoal) | $200 | Best Buy

Allergies can be bad enough as the seasons change. Don’t let pet hair and dander add to that by vacuuming it up early and often. That chore is easier said than done— unless you have a robot vacuum to do the work for you. This lovely bright cobalt Bobsweep PetHair Plus robot vacuum and mop, only $200 today at Best Buy seems like an ideal option. That’s a whopping $700 off, by the way.

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You can get the same deal for the charcoal version of the robot vac, too. This model is not only specially made for picking up pet hair, it self docks and charges when it’s finished with the work.

It also comes with a mop attachment, so it can take care of those kitchen floors for you as well. Grab it while it’s still available for this fantastic price!

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