The clock is Tik-ing

[The beef 675] [I'm an image] “Hopefully this goes better than last time Microsoft bought a social media platform” - Jeff Hey there carnivores, Markets were up on Friday thanks to big tech putting up big numbers... Today we’re talking TikTok going up for sale. Keep raging, Jeff & Jason [Image] [I'm an image] That Bytes ByteDance [did not have time]( for Bed, Bath, and Beyond this weekend... In a whirlwind of 24 hours, the owner of TikTok announced that it is looking to divest the short-form video business in order to stay in Uncle Sam's good graces. Block party Back in the middle of July, POTUS mentioned that he might be looking into banning [Zuck's least favorite app]( for [national security reasons.]( The move came as US-Chinese relations continued to deteriorate, and it appears TikTok has found itself on the sh*tlist with the likes of Huawei and ZTE. On Friday night, Trump made good on his word, telling reporters that he would ban TikTok [via executive action.]( Rumor mill Around the same time that Donny Deals dropped the hammer rumors started flying that Microsoft would be interested in purchasing the TikTok business from ByteDance. Satya Nadella and Co. later [confirmed Sunday]( that Microsoft is interested and in talks to make a deal work. But it won’t be easy... ByteDance announced on Saturday that it would be happy to cut ties with TikTok in order to remain in the US where it has 80M daily active users. National treasure TikTok is valued [at roughly $50B](, but agreeing on a sale price could prove to be an absolute nightmare. Not to mention that being on Trump’s “do not fly” list could make the purchase itself a bit (read: a monumental) of a challenge. Not to mention those pesky lawmakers and their antitrust concerns... The bottom line... Any negative publicity for TikTok is music to Evan Spiegel's ears. You see, the disappearing message app is considered TikTok's biggest competitor stateside. Sorry, Google+. Snap’s stock price jumped 3% on the news of the ban late Friday before settling even. [Image] The Anatomy Of A Triple-Digit Winner Nate Bear Once Scored 66 Triple-Digit Return Winners In 66 Days Now He Wants To Show You How He Finds Them Join Nate Tomorrow at 2 PM ET—LIVE [Alternate text]( [Register Here]( [I'm an image] ☑️Welcome back. SpaceX [showed off]( its ability to not only shoot people into space but also get them back again. Doug Hurley and Bob Behnken returned to Earth less than a day after leaving the International Space Station. And I can’t get a direct flight from Boston to Rochester, NY? What gives? The duo dropped into the Gulf of Mexico off the coast of Florida. While their return was worthy of a celebration, SpaceX is already licking its chops as it aims to become the world leader in private space travel. Meanwhile at [Blue Origin](... ☑️ Crazy weekend. Bitcoin had a real doozy of a weekend. It [climbed]( to $12k for the first time since last August before promptly falling back to just over $10k. It would really suck if you just pulled off a massive bitcoin scam by hacking verified Twitter accounts... The recent moves actually [mirror]( a similar set of weekends bitcoin had back in 2019, with trading on Saturdays and Sundays going wild in back to back weekends in June. ☑️ Done deal. Siemens is [prepared]( to buy up Varian and form a healthcare supergroup. The largest healthcare deal of the year will see $16.4B in cash changing hands. Siemens offered Varian $177.5 per share, a 24% premium on Varians' share price at the end of the day Friday. You sure drive a hard bargain, Siemens. Siemens will fund the deal through debt and equity, and it gives the German medical tech goliath a sizeable market share in the battle for healthcare greatness. More importantly, it gives Siemens a way to grow its cancer treatment business unit, an area that's currently lacking. More eyes on cancer treatment can’t be a bad thing... ☑️ I'm the captain now. Over the weekend, we [learned]( who was behind the massive Twitter hack that affected the accounts of power users like Bill Gates and Barack Obama. Believe it or not, it was just a high school kid from Florida. And you thought you were a badass for downloading Limp Bizkit songs on Napster... 17-year-old Graham Ivan Clark recently graduated from high school, and now faces more than 30 felony charges. Oh, the places you’ll go, indeed. Clark managed to get Twitter users to send him more than $100k in bitcoin, before distributing the money into anonymous bitcoin wallets so that it couldn’t be retrieved. Clark’s mother says he definitely didn’t do it. That's what moms are for. 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