Microsoft has so far been the only company to have publicly entered into negotiations to buy the TikTok video service division in the United States. As it turns out, the microblogging service Twitter may well join the list of companies seeking ownership of a Chinese video sharing app.
Informed Wall Street Journal sources claim Twitter has had preliminary discussions about a potential merger with TikTok. The deal will include TikTok’s US business, sources said, although it is unclear how it will take place and how much Twitter is willing to spend on the purchase.
Twitter declined to comment on this post. In turn, the head of corporate communications TikTok Josh Gartner (Josh Gartner) said that the company does not comment on the rumors.
President Donald Trump is pushing the video service out of the control of Beijing-based parent company ByteDance, citing security concerns. Trump said last week that he would “block” TikTok in the US if ByteDance refuses to sell the popular video service. However, the terms of reference of the US President does not include the possibility of blocking any service, but his initiative can be supported by American lawmakers.
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