Microsoft ready to buy Chinese TikTok app despite President Trump's warning
Microsoft is ready to buy the Chinese TikTok app despite President Trump's warning. The company is to continue discussions about a possible purchase of TikTok in the United States.
MicroSOFT TiktoK Purchases:
The American company Microsoft has announced that discussions on the purchase of the Chinese TikTok app will continue, despite President Trump's warning.
The famous social media app TikTok was banned in the United States, after which Microsoft, a well-known company, showed interest in buying it.
US President Donald Trump declared a ban on speaking to TikTok in the United States two days ago due to security concerns.
Trump had expressed concerns that the app could be used by Chinese intelligence services and could pose a threat to U.S. citizen data collection and national security.
However, in a statement, Microsoft said the company's CEO has spoken to President Donald Trump and the two have decided that negotiations will continue to purchase the Chinese TikTok app. In this way, President Trump's national security issues should be discussed.
According to Microsoft's corporate blogs:
"Following a conversation between Microsoft CEO Satya Nadella and President Donald J. Trump, Microsoft is ready to continue discussions to explore a purchase of TikTok in the United States."
President Trump previously threatened to ban TikTok, accusing China of spying by TikTok, but the company has denied the allegations.
Microsoft has confirmed that CEO Satya Nadella is already in negotiations with the company Byte Dance and the US president.