Apple has no interest in acquiring TikTok, the company said.
Axios earlier reported the iPhone maker has expressed interest in buying the TikTok. The company tells The Verge that there are no talks at present to acquire TikTok, and it has no plans to pursue such a deal.
Microsoft is currently negotiating a deal to acquire the app, with a 45-day deadline imposed by President Donald Trump’s administration. Axios also said there was significant private equity interest in the purchase, and Microsoft has stated it would be open to minority investors as part of the deal.