Twitter, TikTok consider merger after Trump plan to ban the app


Twitter is in preliminary discussions for a possible combination with TikTok , the Wall Street Journal reported Saturday , after US President Donald Trump said he would ban the app , calling it a threat to national security .

Trump declared Thursday that the popular Chinese video app TikTok and social network WeChat “ threaten the national security , foreign policy, and economy of the United States . ”

In an executive order , Trump gave Americans 45 days to stop doing business with the platforms , effectively setting a deadline for a sale of TikTok by its Chinese parent firm ByteDance .

He has also demanded that a significant portion of the sale go to the US Treasury .

Microsoft has been the primary suitor for TikTok , saying it was in talks to buy the company ’ s US , Canada , Australia and New Zealand operations .

The Financial Times reported Thursday that Microsoft has expanded negotiations and was now after the app ’ s entire global operations .

As a smaller company , Twitter would have a long – shot bid for TikTok , but the social media platform believes it would come under less antitrust scrutiny than larger corporations such as Microsoft , the WSJ said , citing people familiar with the talks.

Twitter , however, would likely need the support of other investors to complete the combination .

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While Twitter does allow for the sharing of videos , most posts contain short text messages and photos or GIFs .

In 2012 Twitter acquired the platform Vine , which allowed users to share short videos , but shut down the service in 2016 .

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