by Dan Thorp-Lancaster on (#57JAK)
TikTok is nearly ready to announce a buyer, but the Chinese government could slow a deal.What you need to knowTikTok has reportedly chosen a buyer for its U.S, Australian, and New Zealand businesses.With Microsoft in the running, a deal could be announced "as soon as Tuesday."TikTok owner ByteDance still requires a license from the Chinese government to sell to a U.S. company.The saga around Microsoft's bid to purchase TikTok could come to an end soon, according to a new report. CNBC reports that TikTok has selected a buyer for its U.S., Australian, and New Zealand businesses. An announcement for the deal could come "as soon as Tuesday," the report notes.Microsoft, Walmart, and Oracle are all in the mix as potential owners. Microsoft acknowledged it was seeking to purchase TikTok earlier this month, while Walmart said last week that it was partnering with Microsoft on a bid. Should the Microsoft-Walmart partnership succeed, it would make Walmart a minority owner with a de...