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 Monday saying the social networking app’s sale may be finalized soon.
A deal for TikTok’s US, New Zealand and Australian operations is expected to be announced “as soon as Tuesday,” CNBC reported Monday, citing sources who wished to remain anonymous. It is unclear how China’s new rules on exporting technology might impact the deal.
Source CNET Tech
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