NEW YORK/WASHINGTON - .
This is a deadline that was put to ByteDance and Microsoft by the Committee on Foreign Investment in the United States , which scrutinizes deals for potential national security risks, according to the sources. "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 in a statement.
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.
Trump has no authority over this.
This is horseshit. Microsoft doesn't needs his approval. Trump is desperately trying to do anything to get anything that remotely resembles a 'bump' His campaign has flat lined ........
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WSJ News Exclusive | Microsoft and Bytedance Put TikTok Talks on Hold After Trump Signals OppositionMicrosoft has paused negotiations to buy the U.S. operations of TikTok after President Trump said he opposes the deal, say people familiar with the matter Oy vey sickdegenerate
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