Microsoft Corp’s potential acquisition of TikTok’s U.S. operations is the latest twist in a two-year rollercoaster for the short video app, which has come under growing scrutiny from overseas governments as its global popularity soars.
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.