Breaking News
TikTok might become an American-owned company on the heels of the Trump administration’s security concerns about the app — if Microsoft can get a deal done.
The software behemoth went public Sunday with its plans, announcing it was pursuing to purchase TikTok from its parent company ByteDance, and Microsoft’s CEO has already had a chat with President Trump about the potential deal.
Microsoft to continue discussions on potential TikTok purchase in the United States. https://t.co/mCDeeVPzyX
— Microsoft (@Microsoft) August 2, 2020
@Microsoft
It seems they’re pretty eager to please the Prez, too … saying, “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.”
In other words, they’re gonna make sure they put “America first” here … both on the security side and the economic side. Music to the administration’s ears, no doubt.
There’s more though — Microsoft says it’s planning to complete their discussions with the China-run TikTok team no later than September 15 — and in the meantime … they’ll continue to brief Uncle Sam and co. on where they stand. Sounds like the feds are onboard with this.
#TikTokLivesMatter #Renegade @realDonaldTrump If they ban TikTok in the United States, they will lose a lot of their youngest voters. I hope you have thought it over carefully. Please don’t let TikTok ban you. So many TikTokers have built their whole life’s work with TikTok. pic.twitter.com/9cMZGmfV01
— aylin (@aylin86160950) August 1, 2020
@aylin86160950
Remember, last week Trump said he was considering banning TikTok from the States outright — BUT, he also said they were looking at alternatives … Microsoft included, apparently.
One last thing on how Microsoft plans to address Trump’s security concerns … they say, among other measures, their crack team will ensure that all private data of American TikTok users is transferred, and any still out there being stored in foreign servers … will be deleted.
No word on a price tag yet, but the bottom line here — all the viral TikTok’ers out there are probably safe for now, and still have a home. PHEW …