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. Also read: Trump preps bans on WeChat, TikTok, stoking tension with Beijing“Twitter will have a hard time putting together enough financing to acquire even the US operations of TikTok. One of Twitter’s shareholders, private equity firm Silver Lake, is interested in helping fund a potential deal, one of the sources added. TikTok, ByteDance and Twitter declined to comment. Trump said this week he would support Microsoft’s efforts to buy TikTok’s US operations if the US government got a “substantial portion” of the proceeds.

Source: Dhaka Tribune August 09, 2020 03:11 UTC