TikTok

Blackstone discussed joining Microsoft in potential bid for TikTok

The move by Blackstone comes as ByteDance is facing pressure from the White House to sell TikTok to a U.S. company or face the likelihood that the app will be banned in the U.S. over concerns that the Chinese government uses customer data for surveillance purposes.

US stock futures slip on US-China tensions

Global stocks fell Friday amid building tensions between Washington and Beijing after President Trump moved to impose new limits on two Chinese social-media apps.