TikTok latest news: Competition for TikTok app purchases in Microsoft and Twitter.

TikTok latest news: TikTok app purchases have started gaining momentum now. Till now, the Microsoft Company was seen standing alone in the purchase deal of TikTok's American operations.

But the latest news about TikTok is now that Twitter's name has also been added to the shopping list. Micro-blogging website Twitter has also joined the Chinese short video making app TikTok in the shopping spree.

The latest news is Twitter has engaged in a conversation with TikTok, showing interest in TikTok's US operations.

TikTok latest news: Trump banned TikTok app

Let us tell you that US President Trump has recently passed an executive ordinance due to national security, instructing TikTok to withdraw from America in 45 days.

The latest TikTok news, in this case, TikTok's parent company ByteDance will have to sign the deal within 45 days, because after 45 days, TikTok's parent company will be completely banned from financial transactions in the US.

TikTok news: The path to Twitter is not easy

According to the experts of the case, shopping for TikTok for Twitter will not be easy. The financial condition of Twitter Company is unfit compared to Microsoft.

Twitter's market capitalization is around $ 30 billion. In such a situation, it will have to take other companies to buy TikTok, while Microsoft will not face any such challenge.

Because of this, Microsoft Company seems to be at the forefront of the competition for TikTok app purchases.

TikTok banned in India before America

Before the US, let us tell that 59 Chinese apps including TikTok was first banned in India. This decision was also taken by India due to its security concerns.

According to TikTok latest news, it is not clear that TikTok's Indian operations will be included in Twitter and Microsoft's purchase deal. No information has been revealed about this at the moment.