Update: According to a person close to ByteDance, there have not been any discussions between the two sides about a deal that would go beyond the countries that Microsoft named on Sunday. Hence, Microsoft acquiring the whole TikTok business could be a hoax. The report goes on to say that the timeframe would be difficult to meet and it “could take between five and eight years to fully separate the software. “

A few hours ago, we reported that the Trump government has passed an order to block transactions with Bytedance if TikTok is not sold within 45 days. Further, Microsoft has already confirmed that it is in talks to buy the US business of TikTok. Now, a new report suggests that the company could be eyeing to acquire TikTok’s entire global business including India and Europe.

Microsoft is chasing a deal to buy all of TikTok’s global business, the Financial Times reported on Thursday. It cites five people with knowledge of the talks. However, Reuters report that a familiar source with discussions said that Microsoft had not raised the prospect of buying all of TikTok in its negotiations with ByteDance.

Microsoft or Bytedance haven’t commented on the report. The company is exploring whether it can add regions including India and Europe to the deal, according to the FT report. It says that there was a “deal in the works” with Microsoft for TikTok India but it fell through.

Via: Reuters

I’ve been associated with the tech industry since 2014 when I built my first blog. I’ve worked with Digit, one of India’s largest tech publications. As of now, I’m working as a News Editor at Pocketnow, where I get paid to use and write about cutting-edge tech. You can reach out to me at [email protected]
You May Also Like
whatsapp featured image
WhatsApp will allow you to set custom privacy settings soon
You’ll be able to set who can see your Last Seen, Profile Photo, and About.
whatsapp featured image
WhatsApp to introduce end-to-end encrypted cloud backups on Android and iPhone soon
WhatsApp is continuously working to add more and more features to the…
Sorry, bad news folks: Instagram has no plans of launching an iPad app anytime soon
“It would be nice to do, but there’s a lot to do,” Instagram CEO Adam Mosseri said.