Microsoft nears big bet on TikTok

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Mon, 2020-08-03 20:42

Microsoft has said its potential acquisition of short-form video app TikTok’s US, Canada, Australia and New Zealand operations could be completed by September.

The company set a provisional date of Sept. 15 for a move that carries myriad risks, and which would thrust the computer giant into the politically fraught social media business amid Sino-US tensions and increased scrutiny of big-tech companies.

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