Let’s get something clear upfront: Microsoft Corp’s purchase of TikTok isn’t worth US$50bil (RM211.67bil).
That’s my opinion. But then again, it’s not my money. Some investors in its parent company, ByteDance Ltd, think it’s worth that much, according to a Reuters report last week. Good for them. We’ll soon find out its true value, and more importantly, that of Microsoft’s chief executive officer.
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