Twitter, TikTok held preliminary talks about merger in US: Report

Twitter held early talks for a potential combination with ByteDance's TikTok, the WSJ reported, while other reports also said Twitter was interested in acquiring TikTok's US operations. Twitter has a $29-billion market capitalisation, smaller than Microsoft's and reportedly as much as the valuation of TikTok's assets to be divested. It'll reportedly need to raise additional capital for the deal.