Exclusive: Trump to give TikTok's Chinese owner 45 days to agree sale - sources

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REUTERS: President Donald Trump has agreed to give China's ByteDance 45 days to negotiate a sale of popular short-video app TikTok to Microsoft ...

REUTERS: President Donald Trump has agreed to give China's ByteDance 45 days to negotiate a sale of popular short-video app TikTok to Microsoft Corp, two people familiar with the matter said on Sunday.

"A win-win in the making," Republican Senator Lindsey Graham tweeted in response to Trump's new stance on Sunday. Under the proposed deal, Microsoft said it would take over TikTok's operations in the United States, Canada, Australia and New Zealand. It said it would ensure that all private data of TikTok's American users is transferred to and remains in the United States.

A key issue in the negotiations will be separating TikTok's technology from ByteDance's infrastructure and access, to alleviate U.S. concerns about the integrity of personal data. ByteDance owns a Chinese short video app called Douyin that was based on the same code used for TikTok.

 

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