Monday's Market Minute: Clock Ticking On Microsoft-TikTok Deal
With over 800 million active users worldwide, TikTok is an attractive buy. The Chinese video-sharing social media platform owned by ByteDance was founded in Beijing in 2012 and has been downloaded over 2 billion times on the App Store and Google Play. Launched in the U.S. over two years ago, the app enables users, primarily ages between 16 and 24, to easily produce short creative videos.