US President Donald Trump would support a US company to buy the US business of the popular video app Tiktok, according to its own statements.
He “wouldn’t mind” the takeover by Microsoft or another US company, Trump said in the White House on Monday. If there was no agreement by September 15, the platform would cease operating in the United States. Trump made it clear that he expected the US Treasury to benefit from a deal.
Tiktok is an internationally successful video platform with hundreds of millions of users worldwide. Users can upload their own clips or watch videos from others. Bytedance has been trying to separate its international platform from the Chinese version for some time. Tiktok assures that the Chinese government has no access to user data and has never requested it. The data of US users would be stored and processed in the USA anyway. In mainland China there is only the censored version Douyin. As manager of Tiktok, Disney manager Kevin Mayer was recently hired, who was long considered the crown prince of the US company.
Most recently, after massive political pressure from the White House, Microsoft had positioned itself to take over Tiktok’s US business. The software giant plans to negotiate a deal with private Chinese owner Tiktok Bytedance by mid-September. Microsoft confirmed the talks on Sunday (local time) for the first time after Trump threatened to ban the platform on the weekend with reference to data security.
- tiktok: © prima91 – stock.adobe.com