Amid reports that the US was planning to order China's ByteDance to sell popular video app TikTok and tech giant Microsoft was in talks to purchase it, President Donald Trump on Friday said that his administration was weighing action against the popular app, which had been "a source of national-security and censorship concerns".
"We are looking at TikTok," Trump told reporters at the White House. "We may be banning TikTok. We may be doing some other things. There are a couple of options, but a lot of things are happening. So we'll see what happens."
Bloomberg News and the Wall Street Journal had reported citing anonymous sources that the administration could soon announce a decision ordering ByteDance to divest its ownership in TikTok.
There have been reports of US tech giants and financial firms being interested in buying or investing in TikTok as the Trump administration sets its sights on the app. The New York Times and Fox Business, citing an unidentified source, reported on Friday that Microsoft was in discussions to buy TikTok, though Microsoft declined to comment.
https://www.business-standard.com/article/international/microsoft-may-be-in-talks-to-buy-tiktok-may-ban-chinese-app-says-trump-120080100105_1.html
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Amid reports that the US was planning to order China's ByteDance to sell popular video app TikTok and tech giant Microsoft was in talks to purchase it, President Donald Trump on Friday said that his administration was weighing action against the popular app, which had been "a source of national-security and censorship concerns". "We are looking at TikTok," Trump told reporters at the White House. "We may be banning TikTok. We may be doing some other things. There are a couple of options, but a lot of things are happening. So we'll see what happens." Bloomberg News and the Wall Street Journal had reported citing anonymous sources that the administration could soon announce a decision ordering ByteDance to divest its ownership in TikTok. There have been reports of US tech giants and financial firms being interested in buying or investing in TikTok as the Trump administration sets its sights on the app. The New York Times and Fox Business, citing an unidentified source, reported on Friday that Microsoft was in discussions to buy TikTok, though Microsoft declined to comment. https://www.business-standard.com/article/international/microsoft-may-be-in-talks-to-buy-tiktok-may-ban-chinese-app-says-trump-120080100105_1.html