Jurgis Posted August 27, 2020 Share Posted August 27, 2020 TikTok would be worth more than $100B and perhaps $200B in any non distressed sale in the current environment. Right, so the buyer pays $30B to Bytedance and $70B into Trumpy shush fund. It's the art of the deal! Link to comment Share on other sites More sharing options...
fareastwarriors Posted August 27, 2020 Share Posted August 27, 2020 TikTok CEO Kevin Mayer to leave the company https://www.cnbc.com/2020/08/27/tiktok-ceo-kevin-mayer-to-leave-the-company.html Link to comment Share on other sites More sharing options...
Liberty Posted August 28, 2020 Share Posted August 28, 2020 I wrote a little about TikTok here (too many twists to keep track of): https://libertyrpf.substack.com/p/18-my-thoughts-on-spotify-and-podcasting Basically so far we know that interested bidders include(d): Microsoft, Google, Walmart, Oracle, and Softbank. Link to comment Share on other sites More sharing options...
Liberty Posted September 4, 2020 Share Posted September 4, 2020 https://www.washingtonpost.com/business/2020/09/04/pentagon-reaffirms-microsofts-jedi-cloud-win-despite-procurement-mistake/ Link to comment Share on other sites More sharing options...
Liberty Posted September 11, 2020 Share Posted September 11, 2020 Tiktok's latest drama: https://uk.reuters.com/article/uk-china-bytedance-tiktok-exclusive/exclusive-china-would-rather-see-tiktok-u-s-close-than-a-forced-sale-sources-idUKKBN2622KX "China would rather see TikTok U.S. close than a forced sale" ("Chinese officials believe a forced sale would make both ByteDance and China appear weak in the face of pressure from Washington") Link to comment Share on other sites More sharing options...
Liberty Posted September 13, 2020 Share Posted September 13, 2020 https://www.scmp.com/economy/china-economy/article/3101362/tiktoks-algorithm-not-sale-bytedance-tells-us-source "ByteDance... will not sell or transfer the algorithm behind [TikTok] in any sale or divestment deal... [byteDance] will not hand out source code to any US buyer, but the technology team of TikTok in the US can develop a new algorithm” Link to comment Share on other sites More sharing options...
Liberty Posted September 14, 2020 Share Posted September 14, 2020 Bytedance rejected Microsoft's bid, now in exclusive talks with Oracle: https://www.cnbc.com/2020/09/14/microsoft-bid-for-tiktoks-us-operations-rejected-by-bytedance.html https://blogs.microsoft.com/blog/2020/09/13/microsoft-statement-on-tiktok/ Link to comment Share on other sites More sharing options...
Liberty Posted September 21, 2020 Share Posted September 21, 2020 https://www.prnewswire.com/news-releases/microsoft-to-acquire-zenimax-media-and-its-game-publisher-bethesda-softworks-301134492.html "Microsoft to Acquire ZeniMax Media and Its Game Publisher Bethesda" ($7.5bn cash, "franchises include The Elder Scrolls, Fallout, DOOM, Quake, Wolfenstein, and Dishonored") Link to comment Share on other sites More sharing options...
plato1976 Posted September 21, 2020 Share Posted September 21, 2020 I feel MSFT around or below potentially 2021's 25x PE and a long steady growth road ahead, which is decoupled from the geopolitical tension and almost immune from the anti-trust trouble, is particularly attractive in this low interest env. It's not even that expensive next year compared with sp500 average, but I feel it's way better than most other companies in sp500 https://www.prnewswire.com/news-releases/microsoft-to-acquire-zenimax-media-and-its-game-publisher-bethesda-softworks-301134492.html "Microsoft to Acquire ZeniMax Media and Its Game Publisher Bethesda" ($7.5bn cash, "franchises include The Elder Scrolls, Fallout, DOOM, Quake, Wolfenstein, and Dishonored") Link to comment Share on other sites More sharing options...
Jurgis Posted September 21, 2020 Share Posted September 21, 2020 Starting with 42B FCF, assuming M* estimated 11% growth for 10 years, expected return is about 5% at current prices. This is no way cheap. I'd argue that most of the FAAAs are cheaper although MSFT maybe has a higher moat than some of them (and higher expected growth than Apple). Disclosure: I have positions in FAAA and MSFT. Link to comment Share on other sites More sharing options...
Gregmal Posted October 6, 2020 Share Posted October 6, 2020 https://www.cnbc.com/2020/10/06/house-democrats-say-facebook-amazon-alphabet-apple-enjoy-monopoly-power.html Stealth mode again. Totally under the radar. Link to comment Share on other sites More sharing options...
patience_and_focus Posted October 7, 2020 Share Posted October 7, 2020 https://www.cnbc.com/2020/10/06/house-democrats-say-facebook-amazon-alphabet-apple-enjoy-monopoly-power.html Stealth mode again. Totally under the radar. I guess there were some lessons imprinted on its DNA after the late 90's fiasco of dealing with the DOJ and antitrust investigation. Link to comment Share on other sites More sharing options...
Liberty Posted October 27, 2020 Share Posted October 27, 2020 MSFT Q3 (fiscal Q1): https://www.microsoft.com/en-us/Investor/earnings/FY-2021-Q1/press-release-webcast Link to comment Share on other sites More sharing options...
fareastwarriors Posted October 27, 2020 Share Posted October 27, 2020 MSFT Q3 (fiscal Q1): https://www.microsoft.com/en-us/Investor/earnings/FY-2021-Q1/press-release-webcast seem to be firing on all cylinders to me... quite amazing Link to comment Share on other sites More sharing options...
Liberty Posted January 26, 2021 Share Posted January 26, 2021 Another pretty strong quarter, with Azure up 50% and DEPS +31%. https://www.microsoft.com/en-us/Investor/earnings/FY-2021-Q2/press-release-webcast I posted some of my highlights from the quarter in this thread: Link to comment Share on other sites More sharing options...
Liberty Posted February 15, 2021 Share Posted February 15, 2021 https://www.reuters.com/article/us-cyber-solarwinds-microsoft-idUSKBN2AF03R “When we analyzed everything that we saw at Microsoft, we asked ourselves how many engineers have probably worked on these attacks. And the answer we came to was, well, certainly more than 1,000,” Smith said. Link to comment Share on other sites More sharing options...
Liberty Posted February 15, 2021 Share Posted February 15, 2021 60 Minute interview with Bill Gates, mostly on his climate-related investments: https://www.cbsnews.com/news/bill-gates-climate-change-disaster-60-minutes-2021-02-14/ Link to comment Share on other sites More sharing options...
Liberty Posted March 9, 2021 Share Posted March 9, 2021 "Microsoft closes $7.5 billion Bethesda acquisition" ("Microsoft says some future Bethesda titles will be exclusive to the Xbox and PC players.") Link to comment Share on other sites More sharing options...
DooDiligence Posted March 23, 2021 Share Posted March 23, 2021 Whaaaaaat? www.bloomberg.com/news/articles/2021-03-23/microsoft-said-to-be-in-talks-to-buy-discord-for-more-than-10b? Link to comment Share on other sites More sharing options...
Spekulatius Posted March 23, 2021 Share Posted March 23, 2021 Whaaaaaat? www.bloomberg.com/news/articles/2021-03-23/microsoft-said-to-be-in-talks-to-buy-discord-for-more-than-10b? The well behaved kids get the nicest toys. Link to comment Share on other sites More sharing options...
fareastwarriors Posted March 23, 2021 Share Posted March 23, 2021 Whaaaaaat? www.bloomberg.com/news/articles/2021-03-23/microsoft-said-to-be-in-talks-to-buy-discord-for-more-than-10b? The well behaved kids get the nicest toys. Worth it if they can get it. Link to comment Share on other sites More sharing options...
Gregmal Posted March 23, 2021 Share Posted March 23, 2021 Meanwhile Google cant buy a stupid fad watch maker without the world stopping. And everyone hates FB just cuz....amusing. Long MSFT/GOOG anyway. Link to comment Share on other sites More sharing options...
Liberty Posted March 26, 2021 Share Posted March 26, 2021 https://www.wsj.com/articles/microsoft-is-in-exclusive-talks-to-acquire-discord-11616715164 "Microsoft Is in Exclusive Talks to Acquire Discord" Around $10bn Link to comment Share on other sites More sharing options...
Liberty Posted March 31, 2021 Share Posted March 31, 2021 https://www.cnbc.com/2021/03/31/microsoft-wins-contract-to-make-modified-hololens-for-us-army.html "Microsoft wins U.S. Army contract for augmented-reality headsets, worth up to $21.9 billion over 10 years" Link to comment Share on other sites More sharing options...
dwy000 Posted March 31, 2021 Share Posted March 31, 2021 $21.9bn for 120,000 headsets???? That's $182,500 per headset. The hololens sells for like $3500. Microsoft must be throwing in some hammers and glue as well. Link to comment Share on other sites More sharing options...
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