<p>Facebook Inc and Snapchat owner Snap Inc held talks to buy Dubsmash, the Information reported on Wednesday, putting a spotlight on pop video apps at a time when Microsoft Corp is trying to work out a deal to buy rival TikTok.</p>.<p>Facebook and Snap were no longer in deal talks, the report said.</p>.<p>"We admire the team but aren't in active talks to acquire," a Snap spokesman said.</p>.<p>While Dubsmash was not immediately available for a response, Facebook said it would not comment on market speculation.</p>.<p><strong>READ: <a href="https://www.deccanherald.com/business/microsoft-said-to-be-in-talks-to-buy-tiktoks-us-operations-868219.html" target="_blank">Microsoft said to be in talks to buy TikTok's US operations</a></strong></p>.<p>The Dubsmash news comes days after US President Donald Trump threatened to ban China's TikTok and prohibit transactions with its parent ByteDance if it does not reach a deal with Microsoft to divest itself in 45 days.</p>.<p>Trump has given Microsoft until September 15 to put together a blueprint deal, which could safeguard the personal data of Americans stored on the app.</p>.<p>Dubsmash was approached by both Facebook and Snap about a deal in recent weeks, the Information <a href="https://www.theinformation.com/articles/facebook-snap-held-talks-to-buy-tiktok-rival-dubsmash" target="_blank">reported</a>, citing a person familiar with the matter, adding that the talks included discussions of deal value in hundreds of millions of dollars.</p>.<p>Facebook is also facing antitrust scrutiny for acquiring former competitors, including photo-sharing app Instagram and messaging app WhatsApp. </p>
<p>Facebook Inc and Snapchat owner Snap Inc held talks to buy Dubsmash, the Information reported on Wednesday, putting a spotlight on pop video apps at a time when Microsoft Corp is trying to work out a deal to buy rival TikTok.</p>.<p>Facebook and Snap were no longer in deal talks, the report said.</p>.<p>"We admire the team but aren't in active talks to acquire," a Snap spokesman said.</p>.<p>While Dubsmash was not immediately available for a response, Facebook said it would not comment on market speculation.</p>.<p><strong>READ: <a href="https://www.deccanherald.com/business/microsoft-said-to-be-in-talks-to-buy-tiktoks-us-operations-868219.html" target="_blank">Microsoft said to be in talks to buy TikTok's US operations</a></strong></p>.<p>The Dubsmash news comes days after US President Donald Trump threatened to ban China's TikTok and prohibit transactions with its parent ByteDance if it does not reach a deal with Microsoft to divest itself in 45 days.</p>.<p>Trump has given Microsoft until September 15 to put together a blueprint deal, which could safeguard the personal data of Americans stored on the app.</p>.<p>Dubsmash was approached by both Facebook and Snap about a deal in recent weeks, the Information <a href="https://www.theinformation.com/articles/facebook-snap-held-talks-to-buy-tiktok-rival-dubsmash" target="_blank">reported</a>, citing a person familiar with the matter, adding that the talks included discussions of deal value in hundreds of millions of dollars.</p>.<p>Facebook is also facing antitrust scrutiny for acquiring former competitors, including photo-sharing app Instagram and messaging app WhatsApp. </p>