Ayyyeee… What’s Goodie Everyone. So I got some tea and it involves Microsoft, Trump and TikTok.
Microsoft on Sunday announced that it will continue talks to buy short form video app TikTok after its chief executive spoke with President Trump, following a weekend of uncertainty clouding the future of the Chinese owned app.
According to The Washington Post; The president has been weighing options over the past few days to force another Chinese owned parent company ByteDance to divest in TikTok in the United States because of national security concerns, according to people familiar with the talks.
Microsoft said in a blog post that chief executive Satya Nadella and Trump had spoken and that the company is committed to addressing Trump’s concerns about the social media platform. But Trump indicated he was not in favor of a deal and said that he planned to ban TikTok in the United States.
Microsoft confirmed it will “move quickly” on discussions with ByteDance and said it has given the U.S. government notice of a possible acquisition of the U.S. assets of TikTok.
This is considered the first time Microsoft has confirmed that the company is in talks for Microsoft to purchase TikTok operations in the United States, Canada, Australia and New Zealand.
“This new structure would build on the experience TikTok users currently love, while adding world class security, privacy, and digital safety protections,” the tech giant said in its post.
TikTok and the White House did not immediately respond to requests for comment.