Bytedance, Microsoft Offer Acquisition Deal After Trump Mentions Upcoming TikTok Ban [Updated]
Update: 8/1/2020, 1:41 p.m. ET: Per a Saturday Reuters report, TikTok’s parent company Bytedance has agreed to full transparency with the U.S. government and offered to divest its U.S. operations of TikTok completely if it’ll keep President Donald Trump from banning the app, according to two people familiar with the matter. Under this deal, Bytedance,…