President Trump requests TikTok to 'sell to an American company by September 15, 2020', Microsoft takes on the acquisition



US President Donald Trump will prohibit domestic use of the short movie sharing application '

TikTok ' on August 3, 2020 unless the business in the United States is sold to a company in the country by September 15 I announced that. Microsoft is considered the leading US company to acquire TikTok.

Exclusive: Trump gives Microsoft 45 days to clinch TikTok deal-Reuters
https://www.reuters.com/article/us-usa-tiktok-trump-exclusive/exclusive-trump-to-give-tiktoks-chinese-owner-45-days-to-reach-deal-to-sell- sources-id USKBN24Y0UD

Trump calls TikTok a hot brand, demands a chunk of its sale price | TechCrunch
https://techcrunch.com/2020/08/03/trump-calls-tiktok-a-hot-brand-demands-a-chunk-of-its-sale-price/

Trump administration gives TikTok 45 days to sell to Microsoft or leave US [Updated] | Ars Technica
https://arstechnica.com/tech-policy/2020/08/microsoft-in-talks-to-acquire-tiktok-after-trump-ultimatum/

Regarding TikTok, which has been questioned by the Democratic and Republican parties of the United States as having ' privacy concerns ', President Trump announced on July 31 that 'I am considering prohibiting TikTok in the United States' Did. As a result, it has become certain that TikTok will not be usable in the United States, but Microsoft, which had been negotiating for the acquisition of TikTok for some time, updated the official blog on August 2 and said ``Future acquisition that 'to continue the negotiations stated it was. In this announcement, Microsoft announced that its CEO Satya Nadera had a telephone conversation with President Trump, and plans to conclude talks by September 15.

Microsoft is continuing negotiations to acquire TikTok after Trump's ``TikTok ban'' remarks-GIGAZINE



In a press conference on August 3, President Trump said , 'Microsoft or any other company thinks it's okay if a secure American giant buys TikTok. TikTok will close on September 15 if the deal doesn't come together in a way that the US Treasury can make a fortune.'

According to Reuters, President Trump's ban on TikTok was softened, and the move to a policy that allowed U.S. companies to continue business if acquired was due to efforts by ministers including Treasury Secretary Stephen Munushin . It is a thing. Ahead of the 2020 U.S. presidential election on November 3, President Trump may have hesitated to ban the use of apps that are overwhelmingly supported by young people, a source that responded to Reuters news agency Points out.



If ByteDance, the owner of Microsoft and TikTok, agrees to the deal, Microsoft will be responsible for TikTok's services in the US, Canada, Australia, and New Zealand. About running its own TikTok, Microsoft said in an official blog, 'Adding world-class security, privacy and safety protections based on the experiences TikTok users love. We thank President Trump for his commitment and will continue to develop strong security protections for the United States.'

Meanwhile, Associate Professor Paul Haskell-Dowland, a teaching professor of computing at Edith Cowan University in Australia, said, ``Yes, transferring ownership of TikTok to an American company raises concerns over TikTok's influence over the Chinese government. It may be effective to wipe away, but strong surveillance will be needed to ensure that your data is completely transferred to Microsoft, because your data is Microsoft's. Even if you can confirm that it has become, it is difficult to prove that it has not been copied before that.” He said, it may not be a fundamental solution.

in Software,   Web Service, Posted by log1l_ks