Illustration by Alex Castro / The Verge
Twitter has had preliminary discussions about a “combination” with TikTok, the Wall Street Journal reported, making the social media platform the latest possible suitor for the popular video-sharing app. As the WSJ notes, it’s not clear whether Twitter would pursue a possible acquisition of TikTok, and any such deal would have big obstacles.
The biggest challenge to any deal is the Trump administration’s executive order from August 6th, which bars TikTok parent company ByteDance from handling transactions in the US. The order takes effect within 45 days. The administration considers the Chinese-owned app a potential security threat, despite no evidence indicating ByteDance or TikTok has ever shared Americans’ data with the Chinese…
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Author: Kim Lyons