BEIJING/SHANGHAI (Reuters) – Microsoft Corp’s potential acquisition of TikTok’s U.S. operations is the latest twist in a rollercoaster two years for the short video app, which has come under growing scrutiny from overseas governments as its global popularity soars.
FILE PHOTO: A TikTok logo is displayed on a smartphone in this illustration taken January 6, 2020. REUTERS/Dado Ruvic/Illustration/File Photo
With TikTok, owner ByteDance became the first Chinese company to achieve global success with a consumer app. But amid rising U.S-China tensions, the White House has threatened to ban TikTok and other Chinese-owned apps, citing national security risks.
U.S. President Donald Trump has now given ByteDance and Microsoft until Sept. 15 to reach a deal. Microsoft is also looking to buy the app’s Canadian, Australian and New Zealand services.
Following is a timeline of TikTok’s rise to global prominence and into the crosshairs of the Trump administration.
2012 – ByteDance is