Microsoft Confirms It's In Talks To Purchase U.S. Arm Of TikTok

Microsoft is considering acquiring TikTok's operations in the US, Canada, Australia, and New Zealand. This comes after President Trump expressed national security concerns about TikTok, owned by Chinese company ByteDance. Trump threatened to ban TikTok in the US. Microsoft aims to address these concerns by enhancing security and privacy measures. The proposed deal would allow Microsoft to operate TikTok in specific regions, while ByteDance would manage other markets. Discussions are expected to conclude by September 15.

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