ByteDance may miss U.S. deadline for TikTok deal: Bloomberg

TikTok and ByteDance logo

(Reuters) - ByteDance is likely to miss the deadline imposed by the Trump administration for the sale of TikTok’s U.S. assets as new Chinese regulations have complicated deal talks with bidders Microsoft Corp (MSFT.O) and Oracle Corp (ORCL.N), Bloomberg reported on Thursday, citing people familiar with the matter.