Microsoft has paused negotiations to buy the U.S. operations of TikTok after President Trump said he opposes the deal, say people familiar with the matter
Microsoft Corp. has paused negotiations to buy the U.S. operations of the video-sharing app TikTok after President Trump said late Friday he opposes the deal, according to people familiar with the matter.
The president’s statements spurred TikTok to make additional concessions, including agreeing to add as many as 10,000 jobs in the U.S. over the next three years, but it isn’t clear if those will alter Mr. Trump’s stance, one of the people said.
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 Reportedly Considering Buying TikTok As Trump May Force U.S. SaleI am a Texas native covering breaking news out of New York City. Previously, I was a Forbes intern in London. I am an alum of City, University of London and Texas State University.
Read more »
Microsoft In Talks To Buy Teen Fave TikTok As Trump Ramps Up PressureMicrosoft is in talks to acquire TikTok, the hugely popular Chinese-owned app, just as the Trump administration considers taking action against the app — including banning it.
Read more »
Trump Says He's Banning TikTok But Trump Says a Lot of ThingsKeep in mind the president makes a lot of promises, many of which never come to fruition
Read more »
Why Microsoft would consider buying TikTok, according to analysts - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »
Microsoft shares do a little jig on possible TikTok acquisitionMicrosoft Corp. shares rose slightly Friday after multiple media reports that it is in talks to buy TikTok because President Donald Trump is set to order the...
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 »