shot-button
Maharashtra Elections 2024 Maharashtra Elections 2024
Home > News > World News > Article > Microsoft in talks to acquire TikToks US operations Report

Microsoft in talks to acquire TikTok's US operations: Report

Updated on: 02 August,2020 07:31 AM IST  |  Washington
Agencies |

Were looking at TikTok. We may be banning TikTok, President Trump told reporters at the White House. India has banned as many as 106 Chinese apps, including TikTok, a move welcomed by both the administration and the lawmakers

Microsoft in talks to acquire TikTok's US operations: Report

Egyptian influencers Haneen Hossam and Mowada al-Adham, who were sentenced to two years in prison on charges of violating public morals, on the video-sharing app TikTok in Cairo. Pic/AFP

Technology giant Microsoft is in advance talks to acquire TikTok's US operations, according to a media report on Friday, even as President Donald Trump said his administration is considering to ban the Chinese video app.


"We're looking at TikTok. We may be banning TikTok," President Trump told reporters at the White House. India has banned as many as 106 Chinese apps, including TikTok, a move welcomed by both the administration and the lawmakers.


"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. We are looking at a lot of alternatives with respect to TikTok," Donald Trump said in response to a question.


The Wall Street Journal on Friday night reported that Microsoft, headed by Indian-American Satya Nadella, is in advanced talks to acquire the US operations of TikTok.

The deal could run into billions of dollars. "A deal could be completed by Monday, according to people familiar with the matter, and the talks involve representatives from Microsoft, Bytedance and the White House. Talks are fluid, and a deal may not come together," said the report. China-based Bytedance is the parent company of TikTok.

Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates.

Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news

This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever

"Exciting news! Mid-day is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest news!" Click here!


Mid-Day Web Stories

Mid-Day Web Stories

This website uses cookie or similar technologies, to enhance your browsing experience and provide personalised recommendations. By continuing to use our website, you agree to our Privacy Policy and Cookie Policy. OK