Microsoft plans to purchase TikTok in the US by September 15

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In a statement, Microsoft says it wants to work with the US government to achieve a takeover of TikTok. This would involve the purchase of TikTok’s businesses in the US, Canada, Australia and New Zealand.

Earlier, US President Donald Trump said he did not want Microsoft to buy TikTok. A conversation between Microsoft CEO Satya Nadella and Trump has apparently cleared the air.

15 september

Microsoft says it wants to complete the takeover talks with Bytedance, the Chinese owner of TikTok, by September 15.

ByteDance bought Musical.ly three years ago and changed the name to TikTok. With the app you can make videos, for example when you sing a song, and put it online. TikTok is especially popular among children and young people.

‘Data in Chinese hands’

TikTok is under attack from Trump. According to him, the app is a threat to national security because ByteDance receives a lot of data about American citizens.

According to the Americans, that information may be passed on to the Chinese government. In China, domestic companies may be legally forced to hand over their users’ data to the government.

“Data will remain in the US”

Nadella has now pledged to Trump that all US user data will be moved to the US and will remain there if the deal continues.

Other U.S. investors may be able to buy a minority stake in TikTok, Microsoft said.

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