Microsoft’s bid to buy the U.S. operations of the Chinese video app TikTok was rejected on Sunday, the company announced. The tech giant was seen as a frontrunner to acquire the U.S. assets o…
The tech giant was seen as a frontrunner to acquire the U.S. assets of the Chinese-owned app after President Donald Trump issued an executive order threatening to ban the app unless the assets were sold by Sept. 20. The order came amid an ongoing concern about privacy and security on the Chinese-backed app that has become massively popular with Americans, specifically teens.let us know today they would not be selling TikTok’s U.S.
operations to Microsoft. We are confident our proposal would have been good for TikTok’s users, while protecting national security interests. To do this, we would have made significant changes to ensure the service met the highest standards for security, privacy, online safety and combatting disinformation, and we made these principles clear in our August statement.
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