ByteDance, owner of TikTok, to move to London from Beijing: report

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People walk past the Bytedance headquarters building in Beijing, China

London:

TikTok owner ByteDance will move its headquarters to London from Beijing under a deal approved by British ministers, The Sun newspaper reported.

The founders of ByteDance are due to announce their plans to move to London soon, the newspaper said, adding that the move risked upsetting U.S. President Donald Trump, who has considered banning TikTok in the United States.

It was not immediately possible to contact TikTok for comment.

Microsoft Corp said on Sunday that it would continue talks to acquire the popular TikTok short video app from Chinese internet giant ByteDance, and that it aims to complete negotiations by September 15.

(Except for the title, this story was not edited by GalacticGaming staff and is posted from a syndicated feed.)

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