TikTok could be sold to Microsoft and Walmart partnership within 48 hours

TikTok could be sold to Microsoft and Walmart partnership within 48 hours
New sources now say that the resignation of TikTok's CEO means that a deal to sell to a US company — likely Microsoft in conjunction with Walmart — is imminent.

Credit: TikTokCredit: TikTok
CEO Kevin Mayer stepped down from his position as TikTok's chief executive on Thursday, citing the political climate and the impending ban on the service in the US. Sources have subsequently told CNBC that the resignation of the chief executive could indicate that a sale to either Microsoft or Oracle could happen within 48 hours.

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