Money - International
FT: Microsoft expands TikTok takeover ambitions to entire global business
Thursday, 06 Aug 2020 11:52 PM MYT
SAN FRANCISCO, Aug 6 — Microsoft Corp is chasing a deal to buy all of TikTok’s global business, including its operations in India and Europe, the Financial Times reported today, citing five people with knowledge of the talks.
TikTok parent ByteDance and Microsoft did not immediately respond to Reuters requests for comment. (https://on.ft.com/3guMGjc)
TikTok faces a September 15 deadline to either complete a sale of its US operations to Microsoft or face a ban in the United States. — Reuters
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