Aug 10, 2020

Twitter 'looking' at a possible TikTok tie-up

Twitter has approached TikTok's Chinese owner ByteDance to express an interest in buying its US operations, according to sources. Last week US Donald Trump ordered firms to stop doing business with TikTok within 45 days over security concerns. Tech giant Microsoft is the front-runner to buy TikTok but now Twitter has emerged as a possible suitor. It remains unclear whether Twitter can afford to buy TikTok from its Chinese owners and can complete a deal within the 45-day window, according to sources quoted in the Wall Street Journal. A Twitter spokesman declined to comment on a possible deal while TikTok didn't respond immediately when contacted by the BBC. Last Friday, Mr Trump ordered US firms to stop doing business with the Chinese app within 45 days.

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