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Tik Tok US Rejects Microsoft Offer

by Present Nigeria
September 14, 2020
in Business
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Tik Tok Sues Trump Administration Over US Ban
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Microsoft said on Sunday it was informed by Bytedance that it would not be selling U.S. operations of TikTok to it.

 “We are confident our proposal would have been good for TikTok’s users, while protecting national security interests,” Microsoft said in a statement.

Trump Microsoft said on Sunday it was informed by Bytedance that it would not be selling TikTok’s U.S. operations to Microsoft.

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We are confident our proposal would have been good for TikTok’s users, while protecting national security interests,” Microsoft said in a statement.

READ ALSO : FG Describes JOHESU Strike As Illegal

ByteDance has up till 20 September to sell off TikTok US Operations, going by the deadline given the company, according to President Trump’s executive order.

Trump issued the executive order on Aug. 14 giving the company 90 days for a deal to be completed.

The U.S. President had cited “credible evidence” that the Beijing-based media and tech company’s music and video sharing app may share user data with the Chinese government as reasons for the actions.

 

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PRESENT, a credible online newspaper from the cell of Red Carpet Communications Limited, is published by an experienced and profoundly resourceful journalist, Yemi Olowolabi.
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