TikTok has come under fire from US lawmakers over national security concerns surrounding data collection. The news of Twitter and TikTok being in preliminary talks and Microsoft still being seen as the front-runner in bidding for the app’s US operations was reported earlier by the Wall Street Journal. “Twitter will have a hard time putting together enough financing to acquire even the US operations of TikTok. TikTok, ByteDance and Twitter declined to comment. Earlier this week, Trump unveiled bans on US transactions with the China-based owners of messaging app WeChat and TikTok, escalating tensions between the two countries.

Source: Wall Street Journal August 09, 2020 00:33 UTC