Trump: US has 'all the cards' on potential TikTok sale - Business Insider

"They understood that, and actually they agreed with me," Trump said. "I think they agreed with me very much."the company published Sunday saying that it plans to continue talks with TikTok following a conversation between CEO Satya Nadella and Trump.

"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," the post said.The president didn't offer any specifics as to how he would force TikTok, which is owned by Chinese-based parent company ByteDance, or a potential buyer to share deal proceeds with the US government.

Trump has the authority under a 1988 law to block foreign business deals pertaining to US companies if he considers the deals to be a national security threat, which he has

I do not allow Chinese to use my IP for free. Most of what they have is illegal. Forged papers do not make that legal.

Corruption at its very finest

Isnt his messing with Tic Toc mess with the ability to negotiate a fair sale?

must see tv

I'm sure theres some way trump will profit

Sounds a bit like Communism to me

Trump is over estimating US vs China. US vs China is power vs superpower since 2020.

NEWS FLASH ⚡️⚡️⚡️ realDonaldTrump is full of shit and one can NEVER take him seriously 🌟🌟🌟🌟

Is there any legal basis for Trump to demand a big commission?

'Trump added that he thought Microsoft would be an acceptable buyer because of its 'high-level' security clearances, which already allow it to do business with the Department of Defense.' If you thought your TikTok data wasn't safe before, wait til the Trump Regime owns it.

This is not about realDonaldTrump. It's about the CCP always looking for payolas and control of Western companies to enter the Chinese market place What's good for CCP is good for Trump's admin But CCP is now crying

He wants to be Putin or Erdogan so badly

That's illegal

Its called “ the virus distraction”

It's called 'tax revenue.'

No he doesn’t, because once in the hands of Microsoft, China would no longer (assuming it does, at all) have access to user data. Not that he has the ability to “ban” it anyway — it would still live on phones even if removed from US App Store.

So, who is Luca Brazzi in the administration?

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.

ByteDance is looking outside of the US for its new TikTok headquarters - 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. ZIMBABWE IS GOING THROUGH A MASSIVE HUMAN RIGHTS ISSUE ZIMBABWE IS GOING THROUGH A MASSIVE HUMAN RIGHTS ISSUE ZIMBABWE IS GOING THROUGH A MASSIVE HUMAN RIGHTS ISSUE ZIMBABWE IS GOING THROUGH A MASSIVE HUMAN RIGHTS ISSUE ZIMBABWE IS GOING THROUGH A MASSIVE HUMAN RIGHTS ISSUE I hear shanghai is lovely this time of year. ZimbabweanLivesMatter
Source: BusinessInsider - 🏆 729. / 51 Read more »

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 »

Trump plays into China's hands over Microsoft-TikTok cut - 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. 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?
Source: BusinessInsider - 🏆 729. / 51 Read more »