Aug 4, 2020

TikTok founder defends potential Microsoft sale

The Trump administration has threatened to ban TikTok, saying the data it collects from its users - including an estimated 100 million in the US - is at risk of exploitation by the Chinese government. When reports of talks between ByteDance - which has received backing from US investors - and Microsoft surfaced on Friday, Mr Trump said he opposed the deal. If the video app doesn't break away from its Chinese owner, ByteDance, and sell its US operation to Microsoft, Mr Trump will simply ban it - putting TikTok's access to its 80 million active American users in jeopardy. Mr Trump has already flexed his muscles against other Chinese firms, such as Huawei. What makes the situation with TikTok unprecedented is the demand for a cut of the sale price.

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