Microsoft Aims To Buy Entire TikTok, Including India Ops: Report :   New Delhi: Not just the US operations, Microsoft is aiming to acquire t...

Microsoft Aims To Buy Entire TikTok, Including India Ops: Report :

 

New Delhi: Not just the US operations, Microsoft is aiming to acquire the global business of Chinese short-video making app TikTok, including in India where the app is banned, The Financial Times reported on Thursday.

Microsoft is officially seeking to buy the TikTok operations in North America, Australia and New Zealand for a “reported figure of $50 billion”.

However, according to the FT report, the Satya Nadella-run tech giant is aiming to buy the entire business of TikTok, including in India where it has been banned along with 58 other Chinese apps.

Microsoft has been involved in the Chinese tech world for far longer than many rivals.

Microsoft has mentored and trained the talent behind China’s consumer tech explosion. That brought Bytedance founder Zhang Yiming to approach them once President Trump threatened to ban TikTok if it wasn’t sold to an American company,” tweeted Yuan Yang, Beijing deputy bureau chief and tech correspondent of the Financial Times.

Microsoft has confirmed that it wanted to proceed with talks to purchase the US business of TikTo

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Microsoft “is exploring whether it can add regions including India and Europe to the deal”.