Apple (AAPL) has expressed serious interest in buying TikTok - Axios

August 4, 2020 10:25 AM

Apple (NASDAQ: AAPL) has expressed serious interest in buying TikTok - Axios

From Axios:

"Multiple sources tell me that Apple has expressed interest, albeit no sources inside of Apple, and that at least one other strategic has expressed interest. Yes, it would be an unusual deal for Apple, given that TikTok is a cross-platform app, and a bigger political headache than Tim Cook may want (both here and in China). But if anyone has the cash on hand..."

Up until this point, Microsoft (NASDAQ: MSFT) has been seen in the lead bidder to acquire TikTok's U.S. operations in a deal with the Trump admin. However, yesterday Trump put a possible wrench in those plans when he said the U.S. government wants to collect a fee on any deal.

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