Microsoft Says It Will Continue TikTok Acquisition Talks, After Trump’s Threat to Ban the App

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Microsoft plans to finish its talks to acquire TikTok by Sept. 15

Microsoft, in its statement, said, “Microsoft fully appreciates the importance of addressing the President’s concerns. It is committed to acquiring TikTok subject to a complete security review and providing proper economic benefits to the United States, including the United States Treasury.”

TikTok has been valued at $50 billion by a group of ByteDance’s U.S.-based investors including Sequoia and General Atlantic, who also have been seeking to acquire control of TikTok, ReutersMicrosoft cautioned that the talks with ByteDance are preliminary and that “there can be no assurance that a transaction which involves Microsoft will proceed.” The company said it doesn’t plan to provide additional info “until there is a definitive outcome to our discussions.

Among other measures, Microsoft said, it would ensure that all private data of TikTok’s U.S. users “is transferred to and remains in the United States. To the extent that any such data is currently stored or backed up outside the United States, Microsoft would ensure that this data is deleted from servers outside the country after it is transferred.”

According to Microsoft, ByteDance and Microsoft notified the interagency Committee on Foreign Investment in the United States of their intent to explore a preliminary proposal that would involve Microsoft buying TikTok’s operations in the U.S., Canada, Australia and New Zealand. Microsoft said it “may invite other American investors to participate on a minority basis in this purchase.”

 

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Com assuntos sérios pra resolver, vai ficar perdendo tempo com a diversão do povo?

It will work perfectly for Microsoft's plan to spy on everyone through their vaccine tracking coronavirus luciferase tracking tattoo. Gates is a demon.

Here's a hint. If you believed at any moment that Trump was ACTUALLY going to ban Tik Tok, you are a huge part of the problem.

You mean the TikTok where Trump says only he can fix our problem-which first he must create, &, at any cost, arrange for a solution that he then can use to make himself the hero? After he's brought us all to the precipice of some destruction/horrific outcome? Then, yes, I agree!

Trump vs Tik Tok? This should ready the US vs Chinese Intelligence because thats exactly whats at stake. Its a spying app developed by Chinese Intelligence. I know you're all in bed with the Communist China and they own 70% of Hollywood now, but POTUS needs to ban all China apps

first

Dan~ger~ous~~~ lol

What does this mean for Kevin?

Just in time for realDonaldTrump to shut it down...

👀

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Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Microsoft Says It Will Continue TikTok Acquisition Talks, Despite Trump’s Threat to Ban the AppMicrosoft confirmed that it is in talks to buy TikTok from China’s ByteDance — and will continue the negotiations — coming after Donald Trump said he opposed such a deal and has c… Microsoft tiktok_us Meh. Microsoft tiktok_us Another empty threat from the orange one Microsoft tiktok_us Microsoft doesn't need its corporate acquisitions to pay off in a 5-month time frame
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