Microsoft Reveals Plans To Buy TikTok After Trump Announced He’ll Ban The Company From Operating In US

August 4, 2020
148 Views

Tiktok

Microsoft Reveals Plans To Buy TikTok After Trump Announced He’ll Ban The Company From Operating In US

Tech giants, Microsoft have announced that they’ll be buying social media app, TikTok after US President Donald Trump announced that he’ll be banning the app from the United States over fears that the Chinese government uses it to spy on Americans.

In a blog post, Microsoft (MSFT) said its CEO Satya Nadella has talked with Trump about buying the app, which is owned by Chinese company ByteDance after US policymakers have  expressed concerns about the app’s ability to invade users privacy.

“[Microsoft] 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 company said, adding that it will “move quickly” to talk with ByteDance “in a matter of weeks.”

“During this process, Microsoft looks forward to continuing dialogue with the United States Government, including with the President,”
the company added.

“This new structure would build on the experience TikTok users currently love, while adding world-class security, privacy, and digital safety protections,” Microsoft said. “The operating model for the service would be built to ensure transparency to users as well as appropriate security oversight by governments in these countries.”

If Microsoft does buy TikTok it could avert the ban that Trump threatened on Friday July 31. In Trump’s threat, he said that he could use emergency economic powers or an executive order to block the app from operating in the United States.

If the deal goes through, and Microsoft buys majority shares of the Tiktok’s parent company ByteDance, Microsoft would own and operate TikTok services in the United States, Canada, Australia and New Zealand and also ensure that all private data of TikTok’s American users would be transferred to and remain in the United States.

You may be interested

Shaw Suffers Fresh Injury Setback
Sports
Sports

Shaw Suffers Fresh Injury Setback

Webby - December 4, 2024

Manchester United defender Luke Shaw has suffered yet another injury setback that will keep him out for a few weeks.According…

Iwobi Provides Third EPL Assist Of Season In Fulham’s Draw At Spurs
Sports
10 views
Sports
10 views

Iwobi Provides Third EPL Assist Of Season In Fulham’s Draw At Spurs

Webby - December 1, 2024

Alex Iwobi provided an assist as Fulham came from behind to draw 1-1 away to Tottenham Hotspur in Sunday’s Premier…

France Coach Applauds Nnadozie Despite Win Over Super Falcons
Sports
16 views
Sports
16 views

France Coach Applauds Nnadozie Despite Win Over Super Falcons

Webby - December 1, 2024

France head coach Laurent Bonadie heaped plaudits on Chiamaka Nnadozie despite Les Bleues win over the Super Falcons of Nigeria.Les…

Leave a Comment

Your email address will not be published.