Aug 03, 2020 11:12:00

Microsoft is continuing negotiations to acquire TikTok even after President Trump's ``TikTok ban'' statement

Regarding the acquisition of the short movie platform 'TikTok', Microsoft announced that it is continuing negotiations after President Trump's statement 'I am considering prohibiting TikTok in the United States'.

Trump says he will ban TikTok through executive action as soon as Saturday

https://www.cnbc.com/2020/07/31/trump-says-he-will-ban-tiktok-through-executive-action-as-soon-as-saturday.html

Microsoft to continue discussions on potential TikTok purchase in the United States-The Official Microsoft Blog
https://blogs.microsoft.com/blog/2020/08/02/microsoft-to-continue-discussions-on-potential-tiktok-purchase-in-the-united-states/

Shortly after it was reported that Microsoft was in talks to acquire TikTok on July 31, 2020, President Trump announced that he would take action to ban TikTok in the United States. In a press conference with President Trump, he said, 'I'm considering a ban on TikTok in the United States.' 'I have that power,' he said.

A TikTok spokesperson told NBC News , 'TikTok hired about 1,000 people to join US teams this year alone. It also offers excellent salary jobs across the United States and an additional 10,000 employees. We are proud to have hired our staff.' 'TikTok has created a billion-dollar (1 trillion yen) creator fund that supports American creators who earn a living on our platform.' I comment.

On July 7, 2020, US Secretary of State Mike Pompio commented that he was considering banning TikTok and other social media apps in China due to national security concerns. Secretary of State Pompeo credits ByteDance, the operator of TikTok, as 'a technology company that supports the Chinese government as well as Huawei and ZTE,' and makes TikTok ' a Trojan horse for intelligence services in China. ' I explained that. A TikTok spokesperson said, 'The data of U.S. TikTok users is stored in the United States, and employee access is tightly controlled.' It was made.

Later, The Wall Street Journal

reported that pending negotiations between Bytedance and Microsoft were pending, but Microsoft immediately updated its official blog, revealing that the negotiations are ongoing. As Microsoft fully understands the importance of addressing the security concerns that President Trump points out, TikTok acquired TikTok to get the economy right for the United States so that TikTok is subject to a full security review. Promise to provide a profit. In addition, Microsoft said it will act swiftly to complete the TikTok acquisition negotiations with ByteDance by September 15, 2020. Microsoft will acquire TikTok service in the United States, Canada, Australia, and New Zealand, and Microsoft will make a proposal to ByteDance to own and operate TikTok in these markets.

Microsoft explained that the acquisition of TikTok was aimed at securing security and privacy, to ensure transparency to users and proper security monitoring by the government and the government. In addition, Microsoft guarantees that all personal information about TikTok's US users is transferred to a server within the United States and not abroad.

Thereafter, Reuters from sources that we have obtained the information 'Bytedance has agreed to complete the sale to Microsoft the American business of TikTok' coverage .

As a result of President Trump's announcement to ban TikTok in the United States, TikTok's creators are asking fans to follow accounts on platforms such as YouTube, OnlyFans, and Airbnb. Furthermore, in the US, apps such as Trikler, Byte, and Dubsmash, which are TikTok's rival platforms, are gaining

increasing attention .