Foreign media said Microsoft’s purchase of TikTok’s global business, Byte Dance: the news is not true.

On August 6th the Financial Times reported that Microsoft was seeking to acquire TIkTok’s global operations, including TIkTok’s business in India and Europe. In response, on August 7, Byte Dance responded to the Global Times by saying: This news is not true. Microsoft confirmed in a statement that it was in talks with ByteDance about the acquisition of TikTok USA, no later than September 15.

Microsoft and Byte Dance are exploring a preliminary proposal to acquire TikTok’s services businesses in the U.S., Canada, Australia and New Zealand, according to a Microsoft statement.

Media said Microsoft's purchase of TikTok's global business, Byte Dance: the news is not true.