Microsoft in ‘Advanced Talks’ to Buy TikTok’s US Operations: Report

Microsoft in 'Advanced Talks' to Buy TikTok's US Operations: Report
Microsoft is reportedly in superior talks to amass the US operations of viral video-sharing app, TikTok. The app is presently owned by Chinese tech agency, ByteDance, which has confronted intense scrutiny lately following rising anti-China sentiment all over the world. The deal, which is predicted to be in billion of {dollars}, was first reported by The Wall Street Journal (WSJ).

The information comes on a day when the US President, Donald Trump, stated that TikTok would possibly quickly be banned within the nation. “As far as TikTok is concerned, we’re banning them from the US”, Donald Trump informed reporters on Friday. “We may be doing some other things. There are a couple of options. But a lot of things are happening, so we’ll see what happens. But we are looking at a lot alternatives with respect to TikTok”, he stated. Last month, the US Secretary of State, Mike Pompeo, stated that the nation was critically contemplating a ban on TikTok out of nationwide safety considerations.

Meanwhile, TikTok has already been banned in India together with dozens of different Chinese apps. The motion adopted lethal clashes between the troops of the 2 international locations in Ladakh earlier this yr. The skirmish left twenty Indian troopers lifeless and began a ‘boycott-China’ motion within the nation.

As if its woes in India and US aren’t dangerous sufficient, TikTok can also be reportedly being investigated in Australia over potential data-privacy points. The Australian authorities is seemingly taking a look at whether or not the app poses any threat to customers resulting from doable ‘foreign interference’. TikTok and its father or mother firm, in the meantime, declare that they haven’t any relation with the Chinese authorities.

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