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Showing posts with the label tiktok

Report: Discord ends acquisition talks with Microsoft

Microsoft’s bid to buy Discord is over — for now, at least. The Wall Street Journal reported Tuesday that the popular chat startup has ended acquisition talks with the Redmond, Wash. tech giant and others after reports surfaced last month that Discord was in final negotiations about a sale for at least $10 billion. A potential deal “could be rekindled in the future,” WSJ reported. Microsoft last week announced its $19.7 billion deal to buy Nuance Communications and completed a $7.5 billion acquisition of ZeniMax Media this year. It has reportedly shown interest in Pinterest and made a bid for TikTok last fall. Previously: Why Microsoft would want to acquire Discord, which is reportedly exploring a $10B-plus sale

Shake-up at Triller. TikTok rival replaces CEO and buys AI firm

Triller’s parent company on Wednesday appointed a new CEO, Mahi de Silva, after acquiring his company, Amplify.ai for an undisclosed price.

Former MoviePass chairman's next big bet: a TikTok rival from Singapore

MoviePass’ parent company went bankrupt in 2020. Its former leader has a new company that’s trying to compete with TikTok.