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 government. TikTok has said it plans to challenge the Trump administration’s order. And then there’s Microsoft, the only company so far to publicly acknowledge it was in talks with TikTok owner ByteDance for a possible acquisition. The WSJ says Twitter would be considered a long-shot in a bid for TikTok, with Microsoft the likely front runner in any deal. Twitter is much smaller than Microsoft, and the WSJ’s sources say the social platform could be likely to face less antitrust scrutiny than Microsoft. But Twitter also doesn’t have as much money as the software giant for a possible purchase. Microsoft said in an August 2nd blog post that its CEO Satya Nadella had spoken to President Trump about a possible TikTok acquisition, which would include TikTok operations in the US, Australia, Canada, and New Zealand. Microsoft said it expected its talks to wrap by September 15th. Any deal with Twitter would involve TikTok’s US operations, according to the WSJ. Twitter declined to comment. A TikTok spokesperson said the company does not comment on market rumors.
