WASHINGTON, Aug 3 — Microsoft announced yesterday it would continue talks to acquire the US operations of popular video-sharing app TikTok, after meeting with President Donald Trump who was seemingly backing off his earlier threats to ban the Chinese-owned platform. “Following a conversation...
Monday, 03 Aug 2020 08:17 AM MYT
“Following a conversation between Microsoft CEO Satya Nadella and President Donald J. Trump, Microsoft is prepared to continue discussions to explore a purchase of TikTok in the United States,” the company said in a statement, acknowledging the “importance of addressing the President’s concerns” over national security.
Earlier yesterday, Secretary of State Mike Pompeo told Fox News the president would “take action in the coming days with respect to a broad array of national security risks that are presented by software connected to the Chinese Communist Party.” He said he has spoken to leaders of Congress including House Speaker Nancy Pelosi and the top Democrat in the Senate, Chuck Schumer, about what to do with TikTok’s operations in the US.
Trump said he would use an executive order to ban TikTok, or the International Emergency Economic Powers Act, a law granting the president powers to regulate international trade in the face of an “unusual and extraordinary threat” from abroad to US foreign policy, national security or the economy.
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