it was in talks to acquire parts of TikTok's business in North America, New Zealand, and Australia, though not in Europe.
"I did say that if you buy it, whatever the price is that goes to whoever owns it — because I guess it's China, essentially [...] I said a very substantial portion of that price is going to have to come into the Treasury of the United States, because we're making it possible for this deal to happen," said Trump.
Is this the GOP way now? Shaking down businesses, forcing a sale, and then taking a cut? Why am I not hearing anything from the free market crowd?
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China calls Trump's proposed Microsoft-TikTok cut state-sanctioned robbery - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Sounds like a dangerous precedent that could later go on to affect American companies. I agree with China, it's a shakedown. Trump threatened to kill TikTok, now that they will be spared he wants his protection money He needs to worry about the economy and the unemployed. That should be his number one concern during this pandemic....... not TikTok....... unreal.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Microsoft's ties to China under the microscope in TikTok bid - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Their going on the chance trump won’t be hold power in a few months This is getting out of hand. This is what happens when you feed a monster. It soon grows too big for any zoo.
Source: BusinessInsider - 🏆 729. / 51 Read more »
TIMELINE: TikTok may be bought by Microsoft after huge pressure from Trump administration - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. People will end public deception media Bloomberg.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Microsoft Says It Will Continue TikTok Acquisition Talks, After Trump’s Threat to Ban the AppMicrosoft confirmed that it is in talks to buy TikTok from China’s ByteDance — and expects to conclude the M&A negotiations by Sept. 15 — coming after Donald Trump said he opp… 👀 Just in time for realDonaldTrump to shut it down... What does this mean for Kevin?
Source: Variety - 🏆 108. / 63 Read more »