Microsoft hopes to acquire TikTok US operations from parent company ByteDance
TikTok was recently banned in India and it also faces criticism in US. Amid all these bad news for TikTok there's also a good news for the app. As Microsoft hopes to acquire TikTok's US operations from ByteDance. And if it really happened then surely it will be fruitful for TikTok business in the United States as Microsoft generates the bulk of its $143 billion in annual revenue by licensing software such as Windows.