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Microsoft's TikTok pursuit could lure interest from other US bidders
Apple expresses interest in buying TikTok: Report
Axios reports that Apple may be interested in buying social media app TikTok. FOX Business’ Susan Li with more.
Microsoft's interest in acquiring TikTok's U.S. business could lure bids from other Silicon Valley players.
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Google and Facebook were interested in buying TikTok at one point, FOX Business' Charlie Gasparino and Lydia Moynihan reported. Apple denied reports on Tuesday that it is interested in acquiring TikTok, something that would have been out of character for the corporation since it does not tend to pursue highly competitive acquisitions.
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Any TikTok buyer would also have to pass antitrust hurdles — and Apple, Amazon, Google and Facebook were just grilled at a House Judiciary antitrust hearing last week. Microsoft was not included at the hearing.
President Trump gave his verbal approval to a potential deal between TikTok and an American company like Microsoft on Monday, but said TikTok had until Sept. 15 to close such a deal or face a U.S. ban.