Twitter, TikTok held preliminary talks about potential combination: WSJ

FILE PHOTO: A TikTok logo is displayed on a smartphone in this illustration taken January 6, 2020. REUTERS/Dado Ruvic/Illustration/File Photo

(Reuters) – Twitter Inc (TWTR.N) has held preliminary negotiations about a potential combination with TikTok, the Wall Street Journal reported on Saturday, citing sources.

The report added it was unclear whether Twitter will pursue a deal with TikTok, which would involve the video-sharing app’s U.S. operations.

Microsoft is still seen as the front-runner in bidding for the app’s U.S. operations, the newspaper reported on.wsj.com/2Dx4MCQ.

Reporting by Kanishka Singh in Bengaluru; Editing by Daniel Wallis

Our Standards:The Thomson Reuters Trust Principles.
source: reuters.com