Microsoft is in advanced talks with TikTok, but President Trump said he wasn’t in favor of a deal to let a U.S. company buy the video-sharing app's American operations: “As far as TikTok is concerned we’re banning them from the United States”
Microsoft Corp. is in advanced talks to acquire the U.S. operations of the Chinese-owned video app TikTok, according to people with knowledge of the discussions, in a deal that would be a concession to White House pressure and make the software giant a major player in social media.
A sale to Microsoft, likely for billions of dollars, would be a win for both TikTok and its parent company, Bytedance Ltd., where executives had feared that the U.S. government would force device makers to take TikTok out of their app stores, according...
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