July 18 (Reuters) - Private equity giant Blackstone has withdrawn from a consortium seeking to invest in TikTok’s U.S. operations, a source familiar with the matter told Reuters on Friday. The latest change came as uncertainty has mounted and there have been several delays in the TikTok deal now at the center of U.S.-China trade talks.

Will TikTok US be under new ownership before the current 17 Sep deadline to avoid a ban? Donald Trump recently seemed to think that it would be, but current owner ByteDance seems less certain. And now

P rivate equity company Blackstone has reportedly exited a consortium that was preparing to invest in the US operations of video-sharing platform TikTok. This development was reported by Reuters, citing information from an undisclosed source having knowledge about the matter.

Blackstone had reportedly been slated to take a minority stake in the platform’s US business alongside other consortium members.

Private equity firm Blackstone Inc. has pulled out of a group of investors seeking to take a minority stake in TikTok’s US-based business, according to a person familiar with the matter.

Asset manager Blackstone rescinded its bid to take a stake in TikTok’s US-based business. The company had aligned itself with a group of investors, including Susquehanna International Group, General Atlantic, KKR, Andreessen Horowitz, and Oracle, to invest in TikTok’s US operations, but has now exited the consortium.

Private equity company Blackstone has reportedly withdrawn from a consortium bidding to invest in TikTok’s US operations.The latest development came as heightened uncertainty surrounding the fate of the Chinese-owned TikTok,

Private equity giant Blackstone has withdrawn from a consortium looking to invest in TikTok 's US operations. The move comes as uncertainty continues to grow and delays plague the deal, which is now at the heart of US-China trade talks.

PRIVATE equity giant Blackstone has withdrawn from a consortium seeking to invest in TikTok’s US operations, a source familiar with the matter told Reuters on Friday. Read more at The Business Times.

Blackstone emerged as a front-runner in a deal created by President Trump after the company considered to take a minority stake.