Microsoft is chasing a deal to buy all of TikTok’s global business, including the viral video app’s operations in India and Europe, the Financial Times reported on Thursday, citing people with knowledge of the matter. One investor pegged the value of Tik-Tok’s India business at as much as $10 billion.
Microsoft had said on Sunday that it was in negotiations with ByteDance, the Chinese owner of TikTok and the world’s largest startup, to explore a purchase of the TikTok service in the US, Canada, Australia and New Zealand. Read More…
