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Microsoft Continues Talks To Buy Tiktok's US Operations
US tech giant Microsoft has confirmed that it is continuing talks to purchase the US operations of Chinese-owned video-sharing app TikTok.
The tech firm said Microsoft boss Satya Nadella had a conversation with President Donald Trump about the acquisition on Sunday.
Microsoft stressed that it fully appreciates the importance" of addressing President Trump's concerns.
A full security review of the app will be conducted, the company added.
It said in a blog post Microsoft will also have to provide the US government with a list of the proper economic benefits to the country.
The tech giant hopes to conclude discussions with TikTok's parent firm ByteDance by 15 September.
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By Africa Business RadioUS tech giant Microsoft has confirmed that it is continuing talks to purchase the US operations of Chinese-owned video-sharing app TikTok.
The tech firm said Microsoft boss Satya Nadella had a conversation with President Donald Trump about the acquisition on Sunday.
Microsoft stressed that it fully appreciates the importance" of addressing President Trump's concerns.
A full security review of the app will be conducted, the company added.
It said in a blog post Microsoft will also have to provide the US government with a list of the proper economic benefits to the country.
The tech giant hopes to conclude discussions with TikTok's parent firm ByteDance by 15 September.
Learn more about your ad choices. Visit megaphone.fm/adchoices