TikTok hold preliminary talks about merger: Reports" width="740" />
TikTok’s US operations are estimated at tens of billions of dollars, and Twitter would reportedly face difficulties paying for such a deal. Microsoft is thus seen as a front-runner in the bidding.
In addition, if the deal is secured, it will reshape the US social network, which focuses on short text messages, rather than videos, the newspaper noted.
Last week, President Donald Trump set September 15 as the deadline for TikTok to sell its US operations to Microsoft or another American company. Otherwise, the video-sharing app will be banned in the country on national security grounds. (UNI)