News & Events

TikTok sale appears imminent. Rumors fly as Microsoft and Walmart team up for bid – Source CNET Tech


Microsoft earlier confirmed it’s interested in acquiring the video app.

Angela Lang/CNET

Chinese tech giant ByteDance may be ready to give up its control of TikTok after all, with a new report saying the social networking app’s sale may be finalized within the next couple days.

CNBC reported Thursday that a deal for TikTok’s North American and Australian operations is expected to be announced “in the coming days,” citing sources who wished to remain anonymous. So far, Microsoft, Oracle and “a third US company” have made bids on TikTok, CNBC added, noting…

Read More…

Source CNET Tech

Source link