Trump sets mid-September deadline for TikTok sale | Malay Mail

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Trump sets mid-September deadline for TikTok sale | Malay Mail
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WASHINGTON, Aug 4 — US President Donald Trump said yesterday that popular Chinese-owned video app TikTok would be “out of business” in the United States if it did not sell its US operations by mid-September, okaying Microsoft’s talks with the company. “I set a date of around September 15,...

US President Donald Trump speaks during a news conference in the James Brady Press Briefing Room of the White House August 3, 2020 in Washington, DC. — Drew Angerer/Getty Images/AFP pic

“It’ll close down on September 15th unless Microsoft or somebody else is able to buy it and work out a deal.” “A very substantial portion of that price is going to have to come into the Treasury of the United States, because we’re making it possible for this deal to happen,” Trump told reporters.Used by as many as a billion people worldwide to make quirky 60-second videos on their cellphones, TikTok is the latest front in the ongoing political and trade battles between Washington and Beijing.

However, he said, the company faces “mounting complexities across the geopolitical landscape and significant external pressure.” But on Sunday Secretary of State Mike Pompeo said the data that companies like TikTok are gleaning about Americans “could be their facial recognition pattern; it could be information about their residence, their phone numbers, their friends, who they’re connected to.”

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