Microsoft to continue talks to potentially acquire TikTok's US operations after Trump threatened to
Microsoft to continue talks to potentially acquire TikTok's US operations after Trump threatened to ban the app in the US
Lauren Frias 1 hour ago
Microsoft announced Sunday that it was still in talks of potentially acquiring US operations of the video app TikTok.
The company said in the statement that it plans to complete these "discussions" with the app's parent company, ByteDance, "no later than September 15, 2020."
The announcement comes after President Donald Trump told reporters aboard Air Force One that his administration would ban the Chinese-owned app citing security concerns, sparking widespread concern and panic among creators on the popular social media platform.
According to a Friday pool report, Trump asserted he has the "authority" to ban TikTok "with an executive order or that." However, it's unclear what authority he has to ban the app completely in the US.
More:
https://www.businessinsider.com/microsoft-continuing-talks-to-acquire-tiktoks-us-operations-2020-8?utm_source=notification&utm_medium=referral
