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    Home » Sections » Twitter ‘interested in TikTok buyout’

    Twitter ‘interested in TikTok buyout’

    By Martyn Landi10 August 2020
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    Twitter has expressed an interest in buying video platform TikTok’s US operations, it has been reported. The video-sharing app is already the subject of takeover discussions with Microsoft.

    It comes after US President Donald Trump announced plans to ban TikTok over security concerns unless it is bought from its Chinese owners.

    According to a report in The Wall Street Journal, Twitter has now also emerged as a possible buyer for the platform. It said the companies have held preliminary talks over a possible tie-up but it remains unclear if a deal will be pursued. A Twitter spokesperson declined to comment on the issue.

    Trump announced a US ban on TikTok would kick in on 15 September unless Microsoft or ‘somebody else’ bought it

    Last week, Trump announced a US ban on TikTok would kick in on 15 September unless Microsoft or “somebody else” bought it.

    That followed confirmation from Microsoft that it was in discussions with TikTok’s Chinese parent firm ByteDance over a possible buyout of its US business following a conversation between Microsoft CEO Satya Nadella and Trump.

    Officials in the US have expressed concerns that apps such as TikTok have links to the Chinese Communist Party and that user data gathered by the platforms could be accessed by the Chinese state.

    No ties

    US secretary of state Mike Pompeo has described Chinese software companies doing business in the US, such as TikTok and WeChat, as “feeding data directly” to the Chinese government. TikTok has repeatedly denied the allegations and insists personal data cannot be accessed by Beijing and that it has no ties to the Communist Party.

    Following Trump’s announcement last week, the company said it was “shocked” by the decision. “We have made it clear that TikTok has never shared user data with the Chinese government, nor censored content at its request,” the app said in a statement.



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