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Posted: 2020-07-31 12:55:10

Microsoft in talks to buy TikTok as Trump weighs ban/sale order

From Andy Baio at Waxy.org
Originally published 2020 07 31
It’s unclear how advanced the talks between Microsoft and TikTok are, but any deal could help alter TikTok’s ownership, said the person with knowledge of the talks, who spoke on the condition of anonymity. TikTok is owned by ByteDance, a Chinese internet company that is valued at $100 billion. That has raised scrutiny of the app, with Trump administration officials saying that they have been concerned that TikTok poses a threat to national security.
It’s unclear how advanced the talks between Microsoft and TikTok are, but any deal could help alter TikTok’s ownership, said the person with knowledge of the talks, who spoke on the condition of anonymity. TikTok is owned by ByteDance, a Chinese internet company that is valued at $100 billion. That has raised scrutiny of the app, with Trump administration officials saying that they have been concerned that TikTok poses a threat to national security.
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Tags:trump administration official,united state,trump administration,san francisco,national security,general atlantic,mr. trump,ana swanson,tiktok’s ownership,chinese company,Links