A blockbuster deal for the sale of the U.S. operations of TikTok that had been set to be completed soon has become far more complicated, according to three people close to the talks. The two groups vying to buy TikTok’s U.S. business — one is an alliance between Microsoft and Walmart, and the other is an offer led by Oracle — are discussing how to interpret China’s new rules and how to move forward, said the people, who were not authorized to speak publicly.
Read the article: The New York Times
