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.
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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?
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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.
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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?
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