Microsoft to keep exploring TikTok deal after talks with Trump

  • 📰 eNCA
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

South Africa Headlines News

South Africa Latest News,South Africa Headlines

Microsoft announced on Sunday it would continue talks to acquire the US operations of popular video-sharing app TikTok after meeting with President Donald Trump.

This file illustration photo taken on May 27, 2020 This illustration picture shows the logo of the social network application Tik Tok on the screen of a phone.WASHINGTON- Microsoft announced on Sunday it would continue talks to acquire the US operations of popular video-sharing app TikTok, after meeting with President Donald Trump who seemingly backed off his earlier threats to ban the Chinese-owned platform.

The statement came after Trump on Friday said he would ban the app, which is especially popular with young audiences who create and watch its short-form videos and has an estimated one billion users worldwide.

Trump said he would use an executive order to ban TikTok, or the International Emergency Economic Powers Act, a law granting the president powers to regulate international trade in the face of an"unusual and extraordinary threat" from abroad to US foreign policy, national security or the economy.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 49. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Trump gives Microsoft 45 days to clinch TikTok dealTrump said on Friday he was planning to ban TikTok amid concerns that its Chinese ownership represents a national security risk.
Source: ewnupdates - 🏆 30. / 53 Read more »

Donald Trump imposes deadline on Microsoft over TikTok dealMove represents an about-face for president and prompted tech giant to declare an interest in social media sale
Source: BDliveSA - 🏆 12. / 63 Read more »

ByteDance races to salvage TikTok deal after Trump vows banChinese owner of the video-sharing app wants the president to allow it to sell its US unit to Microsoft
Source: BDliveSA - 🏆 12. / 63 Read more »

TikTok sale uncertain as Trump ban looms: reportsTikTok has an estimated one billion users worldwide.
Source: eNCA - 🏆 49. / 51 Read more »

TikTok owner ByteDance accuses Facebook of 'plagiarism and smears'The Chinese firm also said it faced 'complex and unimaginable difficulties' as it worked to grow into global company. TikTok
Source: IOL - 🏆 46. / 51 Read more »

Donald Trump imposes deadline on Microsoft over TikTok dealMove represents an about-face for president and prompted tech giant to declare an interest in social media sale
Source: BDliveSA - 🏆 12. / 63 Read more »