TikTok is about to be under new management, it seems.
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.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Microsoft confirms talks to buy TikTok in U.S., aims to finish deal by Sept. 15Microsoft confirmed that it has been discussing an acquisition of the trendy app in the U.S. and other countries.
Read more »
Microsoft confirms it's exploring purchase of TikTok after CEO's conversation with President TrumpMicrosoft confirmed it is prepared to continue discussions on purchasing TikTok after a conversation between CEO Satya Nadella and President Trump.
Read more »
Microsoft weighs TikTok purchase as ad business flattens outMicrosoft Corp could re-energize its advertising business with a huge supply of video if it follows through on acquiring TikTok's U.S. operations from ByteDance.
Read more »
Microsoft Is in Talks to Acquire TikTok, as U.S. Considers Banning the AppMicrosoft is in advanced talks to acquire the U.S. operations of the Chinese-owned video app TikTok, according to people with knowledge of the discussions, in a deal that would be a concession to White House pressure and make the software giant a major player in social media.
Read more »
Microsoft Said to Be Exploring TikTok AcquisitionAccording to a report on Saturday, TikTok's owner ByteDance has agreed to divest U.S. operations of TikTok, leaving Microsoft to take over operations of the social media platform if the proposed deal went forward
Read more »