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[CNBC] $10 billion for Discord? Here’s why Microsoft might buy it and why it’s a good fit

“Microsoft has billions to spend on a social media company. Last year, Microsoft was in the running to buy TikTok’s U.S. business for as much as $30 billion after the Trump administration attempted to force a sale over security concerns with the Chinese-owned company. Microsoft eventually backed out of the deal, and Oracle and Walmart entered into a joint bid to take control of TikTok’s U.S. business. (That deal is currently in limbo now that the Biden administration is running the show.) It’s now clear that Microsoft is still hungry for a social media company after the TikTok deal fell through.” -CNBC

Continue Reading Original Content @ https://www.cnbc.com/2021/03/23/discord-why-microsoft-would-buy-it-for-10-billion.html

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