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Donald Trump May Allow Microsoft To Buy TikTok’s U.S. Operations

Microsoft is still pursuing the possibility of purchasing the operations of TikTok in the U.S., after consulting with Donald Trump. While it’s not clear what negotiations took place in CEO Satya Nadella’s talks with the president, the company appears to have a hopeful outlook for the effort, and Trump has not mentioned again his weekend assurances that he’d be taking executive action against the app “as soon as Sunday.”

Donald Trump backs off TikTok
[Photo Illustration by Jakub Porzycki/NurPhoto via Getty Images]

On Friday night, Donald Trump told reporters aboard Air Force One that he intended to take action against the short-form video social app “as soon as Sunday.” CNN White House correspondent Kaitlan Collins said that the president made it very clear he wasn’t interested in allowing a U.S. company to purchase operations within the country.

However, on Sunday, Trump didn’t mention the app, and the threatened executive action never came. Instead, it seems, Trump took talks with a Microsoft CEO and is open to other options.

In a Sunday release, Microsoft announced that the company is involved in negotiations, and hopes to acquire the rights to TikTok’s operations in the U.S., Canada, Australia, and New Zealand, and hopes to be prepared to make an announcement by mid-September.

Microsoft will move quickly to pursue discussions with TikTok’s parent company, ByteDance, in a matter of weeks, and in any event completing these discussions no later than September 15, 2020. During this process, Microsoft looks forward to continuing dialogue with the United States Government, including with the President.

Regarding security, the company said that part of the agreement would include transferring U.S. users’ data to servers in the United States, and assuring that the information is wiped from locations outside the country.



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