Aug 01

Microsoft in advanced talks to buy TikTok's U.S. business

The potential deal would be a victory for both companies, making Microsoft Corp. a major player in the social media arena and providing relief to TikTok and its parent company, Bytedance Ltd., a target of President Donald Trump’s.

The alleged attacks by a group called RedDelta began in May with an eye on September talks to renew a provisional agreement on bishop appointments, according to a report Tuesday by the U.S.-based Recorded Future, which tracks state-backed cyber attacks.