Microsoft chasing deal to buy all of TikTok's global business: Report

One person close to ByteDance in India said there was a "deal in the works" with Microsoft for TikTok India but it fell through, according to the report

Microsoft Corp is chasing a deal to buy all of TikTok's global business, the Financial Times reported on Thursday, citing five people with knowledge of the talks.

However, a source familiar with the discussions told Reuters that Microsoft had not raised the prospect of buying all of TikTok in its negotiations with ByteDance.

Microsoft had said it was seeking to buy the assets of TikTok in North America, Australia and New Zealand. It had not disclosed how much it was willing to pay, though sources previously told Reuters that ByteDance executives value all of TikTok at more than $50 billion.