TikTok proprietor ByteDance stated on Monday that the corporate had initiated preliminary talks with a tech firm to assist it proceed providing the brief video app within the United States, a supply stated citing an inner firm letter.
President Donald Trump solely agreed to permit Microsoft Corp to barter the acquisition of standard short-video app TikTok if it may safe a deal in 45 days, three folks accustomed to the matter stated on Sunday.
The transfer represents an about-face for Trump and prompted the U.S. tech big to declare its curiosity within the blockbuster social media deal that would additional inflame U.S.-China relations.
ByteDance didn’t instantly reply to requests for touch upon the letter.
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