TikTok has denied these claims.
BesidesMicrosoft, other bidders that have been rumored to be in the bidding race includeTwitterandOracle.
The announcement follows after TikTok CEO Kevin Mayers surprise resignation on Wednesday amidst an impending ban by Trump.
According to a person familiar with the talks, a deal could be reached within the next week.
We thank him for his time at the company and wish him well, a TikTok spokesman said.
source: www.techworm.net