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TikTok CEO's exit signals deal imminent: CNBC

TikTok CEO's exit signals deal imminent: CNBC

FILE PHOTO: Tik Tok logos are seen on smartphones in front of a displayed ByteDance logo in this illustration taken November 27, 2019. REUTERS/Dado Ruvic/Illustration/File Photo

REUTERS: TikTok Chief Executive Officer Kevin Mayer's exit indicates that a deal, likely a sale to Microsoft, could come in the next 48 hours, CNBC reported on Thursday, citing sources.

(Reporting by Munsif Vengattil in Bengaluru, Editing by Sherry Jacob-Phillips)

Source: Reuters

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