Microsoft in talks to buy US biz of TikTok; deal could complete next week

Microsoft, as per a Wall Street Journal report, is all set to acquire the US business of controversial yet popular app Tik Tok. This has come at a time when the US President may anytime sign an executive order banning the Chinese app anytime due to national security concerns. Satya Nadella-led Microsoft could complete the deal by Monday. Representatives from Mi­crosoft, Bytedance and the White House are involved in the negotiation, said the report.

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