Microsoft Confirms It's in Talks to Acquire TikTok in the U.S.It's not a done deal. 'These discussions are preliminary and there can be no assurance that a transaction which involves Microsoft will proceed,' the company says.

ByChloe Albanesius

这个故事原来的ly appeared onPC Mag

Nicolas Economou/NurPhoto/Getty Images via PC Mag

UPDATE:Microsoft on Sunday confirmed that it's in talks to acquire TikTok from Bytedance in the U.S., Canada, Australia, and New Zealand.

If successful, the deal "would result in Microsoft owning and operating TikTok in these markets. Microsoft may invite other American investors to participate on a minority basis in this purchase," Microsoft said in astatement.

It's not a done deal. "These discussions are preliminary and there can be no assurance that a transaction which involves Microsoft will proceed," the company said. But it promised to complete any negotiations before Sept. 15, 2020.

The news comes after theWall Street Journalreported微软已经暂停谈判我投资n TikTok after President Trump said he would ban the app in the US. Microsoft CEO Satya Nadella has since spoken to Trump, though, and the company "is prepared to continue discussions to explore a purchase of TikTok in the United States," it said.

"This new structure would build on the experience TikTok users currently love, while adding world-class security, privacy, and digital safety protections," Microsoft said. "The operating model for the service would be built to ensure transparency to users as well as appropriate security oversight by governments in these countries.

"Among other measures, Microsoft would ensure that all private data of TikTok's American users is transferred to and remains in the United States. To the extent that any such data is currently stored or backed-up outside the United States, Microsoft would ensure that this data is deleted from servers outside the country after it is transferred."

Original Story 8/1:
President Donald Trump on Friday said the U.S. will ban popular video-sharing app TikTok.

"As far as TikTok is concerned, we're banning them from the United States," Trump said during a Q&A with reporters aboard Air Force One,according toWhite House pool reporter David Cloud of the《洛杉矶时报》. The president said he has the authority to do so via an executive order.

AsReuters reports, TikTok parent company ByteDance might try to get around the ban by divesting its US operations. Microsoft would then "take over TikTok in the United States" and "be in charge of protecting all of TikTok's US user data," Reuters says. Microsoft has not commented publicly on that report. On Air Force One, Trump said he's not in favor of such a deal.

In response, Vanessa Pappas, TikTok's US general manager, said in a video message that "we're not planning on going anywhere." She made a point of highlighting the company's 1,500 US-based workers and "the additional 10,000 jobs that we're bringing into this country over the next three years," plus therecently announced$200 million creator fund.

"We appreciate the support, we're here for the long run," Pappas said. "Continue to share your voice here and let's stand for TikTok."

Earlier this week, meanwhile, TikTok's new CEO Kevin MayersaidUS officials should be more concerned about Facebook than TikTok. "Let's focus our energies on fair and open competition in service of our consumers, rather than maligning attacks by our competitor—namely Facebook—disguised as patriotism and designed to put an end to our very presence in the US," Mayer wrote in an 800-wordblog post.

Trump has not commented publicly on the TikTok ban today. Earlier on Friday,he said onlythat "We're looking at TikTok [and] may be banning TikTok."

But the move has been floated for some time. On Wednesday, Treasury Secretary Steven MnuchinsaidTikTok is under "review" by the Committee on Foreign Investment in the United States. "We'll be making a recommendation to the president on it this week."

In early July, Secretary of State Mike Pompeotold Fox Newsthat the US government was looking to ban certain social media apps offered by Chinese companies, including TikTok. "We are taking this very seriously We are certainly looking at it," he said.

The concern is that China will use these apps, as well as China-based companies likeHuawei and ZTE, to spy on its international users. The US had not offered any proof of this happening yet, but they argue that if China demanded access to user data from companies in the country, those companies would have no choice but to comply.

“美国人应该担心,”国家安全Advisor Robert C. O'Briensaid in June. "We should not be concerned only for the Chinese people but for ourselves. Xi Jinping's ambitions for ideological control are not limited to his own people. The CCP's stated goal is to create a 'Community of Common Destiny for Mankind,' and to remake the world according to the CCP. The effort to control thought beyond the borders of China is well under way," O'Brien said.

The ACLU, however, says the move raises freedom-of-speech concerns.

"Banning an app that millions of Americans use to communicate with each other is a danger to free expression and is technologically impractical," ACLU Surveillance and Cybersecurity Counsel Jennifer Granick said in a statement. "With any Internet platform, we should be concerned about the risk that sensitive private data will be funneled to abusive governments, including our own. But shutting one platform down, even if it were legally possible to do so, harms freedom of speech online and does nothing to resolve the broader problem of unjustified government surveillance."

If the ban does go through,VPNscould help TikTok fans avoid the blockade. People in India—whereTikTok is already banned—have been using them with mixed results. Russia, meanwhile,abandonedits bid to ban messaging app Telegram amid a mixture of VPN use from consumers and Telegram's own efforts to host the app over third-party cloud providers.

Wavy Line
Chloe Albanesius

Executive Editor, PCMag

Related Topics

Innovation

6 Ways Small Business Owners Can Get Their Employees to Use AI

Smaller-scale enterprises will always struggle to gain a strategic edge against resource-rich conglomerates, but AI offers a new landscape, and there are proven ways to fuel employees' ability to embrace and maximize it.

Business Solutions

Make ChatGPT Work For You With This Course Bundle, Now Only $29.99

Save $22 on this comprehensive education in ChatGPT.

Devices

Avoid Roaming Costs for Life With This eSIM You Can Use in More Than 120 Countries

For only $22, you can get a lifetime eSIM and a $50 credit for data plans around the world.

Data & Recovery

Save More Than 82% Off a Lifetime of Cloud Storage

Protect your important files with 1TB of cloud storage for $119.97.

Legal

6 Common Pitfalls Small Business Owners Must Avoid When Selling Their Business

Entrepreneurs looking to sell their business face a myriad of pitfalls. This informal guide helps navigate these challenges and examines the double-edged sword of post-transition employment and non-compete agreements.

Business Ideas

55 Small Business Ideas to Start in 2023

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2023.