TikTok proprietor ByteDance mentioned on Monday that the corporate had initiated preliminary talks with a tech firm to assist it proceed providing the quick video app in the USA, a supply mentioned citing an inside firm letter.
President Donald Trump solely agreed to permit Microsoft Corp to barter the acquisition of widespread short-video app TikTok if it might safe a deal in 45 days, three folks acquainted with the matter mentioned on Sunday.
The transfer represents an about-face for Trump and prompted the U.S. tech big to declare its curiosity within the blockbuster social media deal that would additional inflame U.S.-China relations.
ByteDance didn’t instantly reply to requests for touch upon the letter.
(Aside from the headline, this story has not been edited by NDTV employees and is revealed from a syndicated feed.)