It appears a decision has been made on the viral social media app TikTok – what Reddit CEO Steve Huffman called ” fundamentally parasitic.” Bloomberg reports that, according to people familiar with the matter, President Trump plans to sign an order to direct China’s ByteDance Ltd.’s to divest its ownership of the popular app. The […]
CHASER: Microsoft Is in Talks to Buy TikTok in U.S….
Microsoft Corp. is exploring an acquisition of TikTok’s operations in the U.S., according to a person familiar with the matter. A deal would give the software company a popular social-media site and relieve U.S. government pressure on the Chinese owner of the video-sharing app. The Trump administration has been weighing whether to direct China-based ByteDance […]