Microsoft confirms talks to buy TikTok’s operations in the U.S. and several other countries

The purchase would result in Microsoft owning and operating TikTok in the U.S., Canada, Australia and New Zealand. Microsoft said it may invite other American investors to take minority stakes in the company, which is owned by one of China’s largest tech companies, ByteDance Ltd.

from News-Economic Times https://ift.tt/2Xmxmh5