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Apple says it has no interest in buying TikTok

Published 08/04/2020, 12:06 PM
Updated 08/04/2020, 12:10 PM
© Reuters. FILE PHOTO: The Apple Inc logo is seen hanging at the entrance to the Apple store on 5th Avenue in New York

(Reuters) - Apple Inc (NASDAQ:AAPL) has no interest in acquiring TikTok, the company said on Tuesday, denying a report by news website Axios from earlier in the day.

Axios, citing sources outside Apple, earlier reported the iPhone maker has expressed interest in buying the ByteDance-owned firm. (https://

Microsoft Corp (NASDAQ:MSFT) is currently negotiating a deal to acquire the popular short-video app, with a 45-day deadline imposed by President Donald Trump's administration.

Last week, Trump said he was planning to ban TikTok amid concerns its Chinese ownership represents a national security risk because of the personal data it handles.

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