October 26, 2020

ByteDance Says Talks With A Tech Agency Over TikTok Have Began: Report



ByteDance Says Talks With A Tech Firm Over TikTok Have Started: Report

Beijing/Shanghai:

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.

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