Microsoft wants to buy TikTok

Microsoft is thinking about purchasing the Chinese video service TikTok.

Why and how much

According to sources,

ByteDance company, which ownsTikTok has already held negotiations with the White House and potential buyers, including Microsoft. There are no results yet, but negotiations are supposedly planned to continue. According to rumors, complications arose because ByteDance wants more than $50 billion and insists on retaining a certain share of the enterprise.

At the same time, US President Donald TrumpTrump) is ready to ban TikTok in America. Authorities are concerned that TikTok may be sharing data about American users with the Chinese government. However, representatives of the service have repeatedly denied these accusations.

“TikTok US User Datastored in the USA with strict employee access controls. TikTok's biggest investors come from the US. We strive to protect the privacy and security of our users,” TikTok’s press service emphasizes.

As a result, the service may be banned in the United States today. To do this, Trump could sign an executive order or use emergency economic powers.

On the one hand, in the case of purchasing TikTokAn American company (the same Microsoft) will close the issue of transferring data to China. On the other hand, the ban could mean that Trump intends to push the social network out of the lucrative US market. And Microsoft is unlikely to abandon the idea of ​​purchasing a service that is banned.

Microsoft representatives have not yet commented on this information.

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