And now Triller is trying to buy U.S. TikTok, report claims

And now Triller is trying to buy TikTok, report claims

Curated via Twitter from FutureShift’s twitter account….

We reached out to TikTok, Triller, and the asset management fund in question, Centricus, both in an effort to confirm Bloomberg’s reporting and to learn if TikTok had responded to an offer.

That appears to the thinking of Triller, a U. S. -based "social streaming" app, which according to Bloomberg teamed up with an asset management firm in an attempt to buy TikTok for $20 billion.

Triller, perhaps smelling blood in the water, joins the ever-growing list of U. S. companies trying to get a piece of TikTok’s huge social media market share.

Such a response suggests that if Triller does end up buying TikTok’s U. S. assets, it won’t be because TikTok viewed the deal as a match made in digital heaven.

Those parts include TikTok’s U. S. , Australian, New Zealand, and Indian components — locations where the ByteDance-owned company ran into various legal troubles, faced security concerns, and risks possible shuttering.

Bloomberg was able to wrangle a more interesting comment from a TikTok spokesperson, however, who suggested the entire thing wasn’t even worth the company’s time.

Neither Triller nor Centricus responded, and a TikTok spokesperson merely pointed us to previous news coverage.

India went so far as to ban TikTok outright in June for "[engaging] in activities which is prejudicial to sovereignty and integrity of India, defence of India, security of state and public order".

SEE ALSO: TikTok wants to ‘eliminate hate’ on its platform. Good luck with that. "What’s Triller?

As of the time of this writing, Microsoft, Twitter, Oracle, and Walmart have all reportedly expressed interest in buying TikTok’s U. S. assets.

Link to original article….

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