Microsoft to continue discussions on potential TikTok purchase in the US
Days after US President Donald Trump said he would ban TikTok from operating in the United States, Microsoft has announced it might purchase the popular short-form video app.
In a blog post, Microsoft claimed its CEO Satya Nadella had discussed buying TikTok with President 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. Microsoft will move quickly to pursue discussions with TikTok’s parent company, ByteDance, in a matter of weeks, and in any event completing these discussions no later than September 15, 2020," said the company.