Donald Trump Says US Will Ban Chinese App TikTok
Technology giant Microsoft is in advance talks to acquire TikTok's US operations
President Donald Trump said Friday he will bar fast-growing social media app TikTok from the United States as American authorities have raised concerns the service could be a tool for Chinese intelligence.
US officials and lawmakers in recent weeks have voiced fears of the wildly popular video platform being used by Beijing for nefarious purposes, but the company has denied any links to the Chinese government.
Technology giant Microsoft is in advance talks to acquire TikTok’s US operations, according to a media report on Friday, even as President Donald Trump said his administration is considering to ban the Chinese video app. “We’re looking at TikTok. We may be banning TikTok,” President Trump told reporters at the White House. India has banned as many as 106 Chinese apps, including TikTok, a move welcomed by both the administration and the lawmakers.
The Wall Street Journal on Friday night reported that Microsoft, headed by Indian-American Satya Nadella, is in advanced talks to acquire the US operations of TikTok. The deal could run into billions of dollars.
“A deal could be completed by Monday, according to people familiar with the matter, and the talks involve representatives from Microsoft, Bytedance and the White House. Talks are fluid, and a deal may not come together,” The Wall Street Journal reported.