Wall Street Journal: Microsoft suspends acquisition of TikTok

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The Wall Street Journal reported that Microsoft decided to stop negotiations on acquisitions TikTok Amid President Donald Trump’s hostility, the newspaper quoted, citing people familiar with the matter, that a company Microsoft And the Chinese parent company ByteDance They were in “advanced talks” about a possible sale and were “surprised” when Trump voiced his opposition to the deal.

Reuters news agency reported on Saturday that ByteDance It agreed to secede from its operations in the United States to avoid the application ban, leaving Microsoft Able to take full responsibility, and one of the sources told the newspaper that Trump’s opposition to the sale came as a surprise, and another source told the newspaper that the White House had previously seemed to want to be TikTok “Owned by Americans.”

According to the newspaper report, the deal is not dead, but the two companies are looking for more information from the White House about the best next steps for implementation.

Trump’s comment to reporters on Friday came a month after the public threat to ban the application, and Trump administration officials such as Secretary of State Mike Pompeo have expressed concerns about the application’s relations with China and the possibility of exchanging user data with the CPC.

And Vanessa Papas, general manager of a company, appeared Tiktok American, in a one-minute video clip that was released Saturday morning in response to Trump’s comment about the application ban, and she told users: “We have heard all the support provided to you from us, and we want to say thank you, and we are not planning to go anywhere, TikTok It is home to creative people and artists to express themselves and their ideas and communicate with others across different backgrounds and we are very proud of all the different societies that call TikTok their house”.

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