Twitter has had preliminary discussions about a possible acquisition of TikTok. The social media platform is the latest possible suitor for the popular video-sharing app.
The order takes effect within 45 days. The administration considers the Chinese-owned app a potential security threat. Tiktok has said it plans to challenge the order.
The WSJ says Twitter would be considered a long-shot in a bid for TikTok. The social platform could face less antitrust scrutiny than Microsoft. But Twitter also does n’t have as much money as the software giant for a possible purchase.
Microsoft said in an August blog post that its CEO Satya Nadella had spoken to President Trump about a possible TikTok acquisition. Tiktok operations would include the US, Australia, Canada, and New Zealand.
Twitter would involve TikTok’s us operations, according to the WSJ. Any deal would involve Twitter’s TikTok’s U.S. operations, the wsjjj says.