Categories: Business

Microsoft in talks to acquire TikTok's US ops Microsoft is in talks to buy TikTok's US operation, Trump preparing to ban

Photo: HKSAR

Microsoft in talks to acquire TikTok's US ops

Washington Top technology executives Microsoft are in talks to buy the US operation of China's shot video app TicketLock. This has been claimed in some media reports on Friday. On the other hand, President Donald Trump said that no decision on Chinese mobile apps, including Tiktok, can be taken within a few weeks, not in months. India has already banned 106 Chinese apps including Tiktok.

Wallstreet General in its report on Friday claimed that Indian-American Satya is in the final stages of negotiations to acquire the US operations of Nadella-led Microsoft TickTalk. The deal is likely to be in the billions of dollars. According to sources involved in the matter, the deal is expected to be completed next week. The final round of negotiations between the representatives of Microsoft, ByteDance and White House is underway for this deal. BiteDance is the parent company of Ticketock in China.

White House Chief of Staff Mark Meadows told reporters while flying from Atlanta with President Donald Trump an Air Force One aircraft, "I don't think there is a deadline set for action by myself, but I think that The decision will be made in a few weeks and not months. Meadows said that there are many administrative officials who are considering the threat of national security as it is linked to TicTalk, WeChat and other apps that could threaten national security, especially as it collects information of US citizens by a foreign enemy. Is associated with doing.

The media report also stated that the Trump administration would soon order ByteDance to cease its stake in TickTalk's US operations. Wall Street has said that chit chat A change in is possible and may not be a deal. ByteDance of China is the parent company of Tittock. In recent weeks, US Secretary of State Mike Pompeo accused Tittock of collecting personal information about Americans. He told members of the House Foreign Affairs Committee that India had banned 106 Chinese apps, including TicTalk, which were risking the privacy and security of its citizens. '

Media reports also said that the Trump administration could soon deprive BiteDance ownership of TickTock's US operations.

This post was published on August 1, 2020 11:13 am

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