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Tik-Tok new news

 US retail giant Walmart has said it will bid for the US operations of Tiktok in collaboration with Microsoft.




  Walmart told the BBC that it felt a deal with the Chinese video-sharing app would help it expand its operations.


  TikTok has been given 90 days to sell its US branch to an American firm or face a ban in the country.  Donald Trump has alleged that it shares its user data with Beijing - claiming it denies it.


  Earlier on Thursday, the firm's owner resigned in the face of an imminent ban.


  Confirming that the company was pursuing a deal, a Walmart spokesperson told the BBC, "We believe that a Walmart and Microsoft partnership satisfies the concerns of US government regulators, meeting both the expectations of US Tiktok users."  Will complete

Microsoft, which confirmed in early August that it was in talks with TikTok, told the BBC that "it had nothing to share at the moment".


  Along with Walmart, which owns the UK supermarket chain Asda, it will now go up against other potential bidders, including US tech giant Oracle.

Tickcock owner cites Trump's ban as looms

  TikTok founder defends potential Microsoft sales

  According to reports, Tiktok's US operation could reach $ 30bn (£ 22bn) if a deal is executed.


  Since its global launch at the end of 2018, Tiktok has attracted a significant number, especially among the under-25s.


  The app lets its followers create short videos with the help of a wide database of songs and a wide range of filters.


  Data at Risk?

  However, the Trump administration has accused its boss, the Chinese Internet firm BuyDance, of being a threat to US national security.


  It says the company collects from its 800 million users - 100 million of whom are reported to be in the US - at risk of exploitation by the Chinese government.


  The Indian government has also banned Tiktok, with dozens of more Chinese-made apps, claiming that they "transmit" users' data.


  Beijing has denied claims that the US ban was politically motivated.


  ByteDance founder Zhang Yiming has faced criticism for his decision to sell the US company.  But in a letter to his Chinese staff, he said that this was the only way to stop the app from being carried in the US.


  It is not the only Chinese-owned app to attract suspicion from US officials - messaging app WeChat is also banned.

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