Microsoft in talks to buy TikTok

Original Article

Microsoft has confirmed that it is in talks to purchase the US operations of TikTok.

It comes after Donald Trump said he wanted to ban the popular app over the weekend, which sees users sharing short-form videos and has over 80 million users in the US.

Now, Microsoft boss Satya Nadella has spoken with Trump about a possible acquisition of the Chinese-owned app, according to the tech firm.

The company released a statement saying: “Microsoft fully appreciates the importance of addressing the President’s concerns. It is committed to acquiring TikTok subject to a complete security review and providing proper economic benefits to the United States, including the United States Treasury.”

Microsoft said it was looking to purchase the service in the US, Canada, Australia and New Zealand, and emphasised that it would ensure that “all private data of TikTok’s American users” was transferred to and remained in the US.

An interesting development in Trump’s war against TikTok.

Reported By: Jessica Rowe