Snap (SNAP) is adding a TikTok-style music feature - theVerge

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Snap (SNAP) Trades at Low, Down 7%

August 3, 2020 11:29 AM EDT

Snap (NYSE: SNAP) Trades at Low, Down 7%

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Snap (SNAP) January calls active as shares sell of on Microsoft (MSFT) TikTok reports

August 3, 2020 10:48 AM EDT

Snap (NYSE: SNAP) August weekly call option implied volatility is at 70, August is at 53; compared to its 52-week range of 38 to 127 as shares sell off reports of Microsoft (MSFT) interest in TikToK. Call put ratio 3.5 calls to 1 put with focus on January 30 calls.

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Microsoft talks to buy TikTok's U.S. operations spark ire in China

August 3, 2020 2:30 AM EDT

By Yingzhi Yang and Kane Wu

BEIJING/HONG KONG (Reuters) - A potential shotgun wedding to Microsoft Corp (NASDAQ: MSFT) for TikTok's U.S. operations provoked an outcry on Monday on Chinese social media as well as criticism from a prominent Chinese investor in TikTok owner ByteDance.

The U.S. tech giant formally declared its interest on Sunday after President Donald Trump, who has cited national security risks posed by the Chinese-owned short video app, reversed course on a planned ban and gave the two firms 45 days to come to a deal.

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