Software giant officially announced that month of negotiations with Chinese ByteDance to acquire the app's operations in the US, Canada, Australia and New Zealand • "Microsoft fully appreciates the importance of addressing the president's concerns"
Photo: Reuters
Microsoft confirmed tonight (Monday) that it is resuming negotiations with Chinese company ByteDance, the owner of Tiktok, after a conversation with US President Donland Trump. The announcement was made on the software giant's website after threats from the White House to restrict the app's activity in the country. And this is also the first official reference to the negotiations between the parties.
The company noted that after a conversation between Microsoft CEO Satya Nadala and US President Donald Trump, it was decided that contacts between the companies would continue. The two have agreed on a deadline for the end of negotiations - September 15, and that the deal will focus on the acquisition of the app's activity in the US, Canada, Mobile Zealand and Australia.
"Microsoft fully appreciates the importance of addressing the president's concerns. It is committed to acquiring Tiktok after completing a full security check and providing economic benefits to the U.S., including the US Treasury," the official statement said. United States".
The US administration raises many questions about how users' personal data is stored, and on suspicion that it transmits information about US citizens to the company's servers in China. Reports of the potential acquisition came in parallel with the president's statement on Friday that he intends to sign a presidential decree banning the use of the app.
According to reports, the president has considered several options, including applying a presidential decree banning the app from appearing in various app stores. The administration is also considering adding Tiktok to a list that would prevent the company from purchasing American products or services without special approval. Speaking to reporters aboard Air Force 1, the president said: "As far as Tiktok is concerned, we ban it in the US." , This statement is the reason for the cessation of negotiations between the companies.