New Delhi: TikTok has created a huge market of short videos in the world. But due to data privacy, Ticketcock has to leave this market. One by one, almost every country is banning this app. One of the main reasons for banning Tiktok is the sugar in this app. Tiktok is a Chinese company, it stores all its data in China. Because of which most countries feel that their data going out of their country is not right. It can be misused.
In such a situation, the company is continuously losing crores due to ban. Ticktock has devised a new way to recover from its own losses. In fact, Ticketock is preparing to sell all its business to the American tech giant Microsoft. Both are in talks for several days in a row about this deal.
According to media reports, Ticketcock’s parent company ByteDance is also in the mood to sell ownership to remove the Chinese app. Recently, Microsoft had said that it was in talks with Tittock’s parent company ByteDance to purchase its US, Canada, India, Australia and New Zealand businesses. No deal has been disclosed about how many million rupees this deal is being made.
According to some reports, this deal would have been completed this week, but due to Trump’s aggressive attitude, this deal could not be done. Trump is not happy with Chinese companies coming to the US. Therefore, China and Chinese companies are constantly taking strict measures. In such a situation, there are also reports that ByteDans can sell Ticketcock India to foreign investors instead of foreign companies.
The American tech giant Microsoft is eyeing not only the Chinese app TicketLock but also on native share chat. According to some reports, Microsoft Corporation can invest up to 100 million rupees or 750 million rupees in share chat. Earlier Twitter invested $ 100 million in share chat.