The administration of US President Donald Trump (Donald Trump) expresses readiness to ban the Chinese service TikTok due to suspicions of espionage. To save the service from being banned, Microsoft was in talks with ByteDance to buy TikTok. However, according to The Wall Street Journal, these negotiations have been suspended amid hostility from President Trump.
A number of informers at the reputable resource said Microsoft and Chinese parent company ByteDance were in preliminary negotiations for a potential sale and were caught off guard when Donald Trump expressed his opposition to the potential deal on Friday. He told reporters that evening that he preferred a categorical ban on the app and would not support the sale.
Reuters recently reported that ByteDance has agreed to divest its US operations to avoid an application ban, allowing Microsoft to take over. One source told The Wall Street Journal that Mr Trump’s opposition to the sale came as a surprise, while another assured the newspaper that earlier the White House seemed to want TikTok to be owned by an American company.
The deal has not been fully closed, reporters said, but both companies are awaiting more information from the White House on how best to deal with TikTok.
Trump’s comment to reporters on Friday came after a month of public threats to ban the app. Trump administration officials such as Secretary of State Mike Pompeo have expressed concerns about the app’s ties to China and the possible transfer of user data to the Chinese Communist Party. TikTok denies that it is transmitting or intending to transmit user information to the Chinese government.
Tiktok’s U.S. chief executive Vanessa Pappas appeared in a one-minute video released Saturday morning in response to Trump’s comment about the app ban and noted: “We felt the support from the community, and we want to say thank you – we are not planning to go anywhere. TikTok Is a home where creators and artists can express themselves, their ideas and connect with others from different walks of life, and we are very proud of all the communities that call TikTok your home. “
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