So far, tech giant Microsoft has been the only company that was in fray to buy TikTok, but now Twitter is the latest to explore the deal. Twitter is in “preliminary” talks about a potential merger of TikTok’s U.S. operations with Twitter, the Wall Street Journal reported.
Video-sharing platform TikTok, owned by China’s ByteDance, has been in the news for the past couple of weeks. The administrative executive order last week claims TikTok continues to “threaten the national security, foreign policy, and economy of the United States.” The order takes effect within 45 days i.e. by Sept. 21.
It’s very early, whether Twitter will follow up on this deal. But it would be huge if it happens.
Will TikTok be able to find a buyer before the deadline? We’ll have to wait and watch.