(Deepshikha Gautam, Intern Journalist) New Delhi: In June, India banned 59 Chinese apps, including the short video app Tiktok. Then another 15 Chinese apps banned in late July. Following the ban in India, Tiktok also received a ban in the US. America has placed a condition of breaking ties with China in front of Tiktok. Meanwhile, there is news that Reliance industries may buy Tiktok’s Indian Business. A report claimed that Reliance industries are considering buying a stake in Indian business with Tiktok’s parent company, Bytedance.
It is reported that the talks are currently at the initial stage. Tiktok CEO Kevin Mayer is reported to have met top Reliance executives. In the meeting, there was a discussion about the Indian business of Tiktok. However, the Reliance industry has not yet released any official statement on this. Let us know that Tiktok is upset after the ban in India because Tiktok may have to cover its business in the US too. American President Donald Trump has given Tiktok the deadline of 15 September.
After this, Tiktok can be discontinued in the US. Tiktok negotiations to sell American businesses are in progress with several companies, including Microsoft and Twitter. Microsoft can be seen as a strong contender to buy Tiktok.
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