BREAKING: Microsoft Is Said To Be In Talks To Buy TikTok’s US Operations
From the “I didn’t see this coming” department comes this news that Microsoft is looking to buy TikTok’s US operations:
Amid reports that President Donald Trump plans to order TikTok’s parent company, ByteDance, to sell the social-media app’s US operations, Microsoft has emerged as a potential buyer.
News of the talks was reported first by Fox Business Network’s Charles Gasparino on Friday and later by The New York Times and Bloomberg.
In a statement to Business Insider, a TikTok representative said, “While we do not comment on rumors or speculation, we are confident in the long-term success of TikTok.” Microsoft declined to comment.
Well, this is one hell of a plot twist. Clearly I shouldn’t have any plans for this evening as this is an evolving story. Buckle up!
August 2, 2020 at 8:12 pm
[…] when it seemed like TikTok was going to forced to divest its US assets by President Trump, then Microsoft started to talk about buying those assets, only to blocked by President Trump who was talking up an outright ban of TikTok which stopped […]