Microsoft seeks to acquire TikTok assets from China's ByteDance
Microsoft Corporation wants to continue discussions over the purchase of the US operation of TikTok from PE-backed Chinese technology giant ByteDance amid threats from US President Donald Trump to ban the short video platform.
Advance notice has already been provided to the Committee on Foreign Investment in the US (CFIUS) over a preliminary proposal that would see Microsoft take ownership of TikTok in the US, Canada, Australia,...
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