TikTok US Operations Bidders
Growing Acquisition Interest in US TikTok Operations Source: TikTok Logo Clock Is Ticking for Microsoft and Reportedly Twitter According to The Wall Street Journal, Twitter has approached TikTok's Chinese owner ByteDance to buy the US operations of the video sharing app company with a global user base of 800 million. The talks are reportedly at the preliminary stage and Twitter has made no formal announcement. Meanwhile, Microsoft hopes to finalize an agreement to acquire TikTok's US, Canada, Australia and New Zealand by mid-September. The moving force behind the acquisition scramble is President Donald Trump and his threat to ban Chinese owned TikTok from operating in the US. Vulnerability of Amercans' Personal Data TikTok has come under fire from US lawmakers, particularly President Trump and Treasury Secretary Steve Municin, about the vulnerability of Americans' private information to TikTok data collection, The key issue is that ByteDance could be compelled by