Donald Trump is OFFICIALLY Banning TikTok in the US
Strutz @ Mon Aug 03, 2020 8:40 pm
$1:
U.S. President Donald Trump said on Monday he does not mind if Microsoft Corp. buys the Chinese-owned short-video app TikTok, but any purchase by an American company would have to be done by a Sept. 15 deadline.
The Republican president, who last week threatened to ban TikTok over national security concerns, said he had a great conversation with Microsoft's chief executive and that it might be easier if the company buys all of TikTok rather than 30 per cent.
Trump's comments confirmed a Reuters report Sunday that he had agreed to give China's ByteDance 45 days to negotiate a sale of TikTok to Microsoft.
Trump also said the U.S. Treasury would need to get a lot of money out of a TikTok deal, but it's not clear how that would happen.
Microsoft said Sunday that CEO Satya Nadella had spoken to Trump and "is prepared to continue discussions to explore a purchase of TikTok in the United States."
The Republican president, who last week threatened to ban TikTok over national security concerns, said he had a great conversation with Microsoft's chief executive and that it might be easier if the company buys all of TikTok rather than 30 per cent.
Trump's comments confirmed a Reuters report Sunday that he had agreed to give China's ByteDance 45 days to negotiate a sale of TikTok to Microsoft.
Trump also said the U.S. Treasury would need to get a lot of money out of a TikTok deal, but it's not clear how that would happen.
Microsoft said Sunday that CEO Satya Nadella had spoken to Trump and "is prepared to continue discussions to explore a purchase of TikTok in the United States."
https://www.cbc.ca/news/business/tiktok ... -1.5672899
BeaverFever @ Tue Aug 04, 2020 2:52 am
Trump just hates the app because it reminds him that he’s about to be thrown out of office.
November 3 2020. Tik Tok motherfucker.
DrCaleb @ Tue Aug 04, 2020 6:22 am
Trump threatens Tik Tok ban unless U.S. gets ‘substantial portion’ of operations sales price
So, he knows that the "US" will get nothing, it's the stock holders that get the sales revenue. Obvious grandstanding is obvious.