TikTok sale appears imminent. Rumors fly as Microsoft and Walmart team up for bid

A deal for TikTok's North American and Australian operations is expected to be announced "in the coming days," CNBC reported Thursday, citing sources who wished to remain anonymous. So far, Microsoft, Oracle, and "a third US company" have made bids on TikTok, CNBC added, noting that retail giant Walmart said it's teaming up with Microsoft for its bid. The report also said TikTok's US, Canadian, Australian, and New Zealand business are valued at up to $30 billion