Reuters : Aug 05, 2020, 03:50 PM
New York: Apple Inc has no interest in acquiring TikTok, the company said on Tuesday, denying a report by news website Axios from earlier in the day.Axios, citing sources outside Apple, earlier reported the iPhone maker has expressed interest in buying the ByteDance-owned firm. (bit.ly/2Dt3YyB)Microsoft Corp is currently negotiating a deal to acquire the popular short-video app, with a 45-day deadline imposed by President Donald Trump’s administration.Last week, Trump said he was planning to ban TikTok amid concerns its Chinese ownership represents a national security risk because of the personal data it handles.