President Donald Trump reportedly plans to direct China’s ByteDance to divest its ownership of social media app TikTok’s US operations.
Fox Business Network’s Charles Gasparino reports Microsoft is in talks to buy the stake.
Microsoft and TIkTok have yet to respond to requests for more information.
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As President Donald Trump reportedly plans to order TikTok parent company ByteDance to sell the social media app’s US operations, Microsoft has emerged in one unconfirmed report as a potential buyer.
Fox Business Network’s Charles Gasparino reports Microsoft is in talks to buy the stake. Microsoft and TikTok have yet to respond to Business Insider’s requests about the reports.
Gasparino also reported the White House is “deeply concerned” about Microsoft’s potential purchase and whether any Chinese investors would retain a stake in TikTok’s US operations, citing unnamed sources.
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Source:: Business Insider – Tech