Bloomberg Law
Free Newsletter Sign Up
Login
BROWSE
Bloomberg Law
Welcome
Login
Advanced Search Go
Free Newsletter Sign Up

Microsoft’s TikTok Talks Said to Stay Focused on U.S., 3 Nations

Aug. 6, 2020, 5:34 PM

Microsoft Corp.’s talks with TikTok remain focused on buying the Chinese company’s operations in the U.S. and three other nations, people familiar with the discussions said, after the Financial Times reported that the software giant was pursuing the entire business.

Talks remain focused on the U.S., Australia, Canada and New Zealand, and the two sides haven’t expanded the scope of negotiations, the people said, asking not to be named revealing information that isn’t public.

On Sunday, Microsoft said it was in talks with ByteDance Ltd., the Chinese owner of TikTok, to buy part of the business in an ...