Why Microsoft wants to buy TikTok, plus everything else you missed: CNBC After Hours

Why Microsoft wants to buy TikTok, plus everything else you missed: CNBC After Hours

CNBC.com's MacKenzie Sigalos brings you the day's top business news headlines. On today's show, CNBC.com's Jordan Novet breaks down why TikTok, which has found itself at the center of a geopolitical conflict, would be an attractive acquisition target for enterprise giant Microsoft. Plus, CNBC's Sharon Epperson explains how much money Americans say they need to retire during the coronavirus pandemic.Trump says Microsoft should pay 'key money' to Treasury for facilitating TikTok dealPresident Donald Trump said Monday that it could be easier if Microsoft were to buy Chinese-owned TikTok in its entirety, rather than a small part of the social video app, because the name would be split across two companies, and suggested the company should pay the U.S. Treasury as part of the deal."I think buying 30% is complicated, and