Microsoft confirmed that it is holding talks with the ByteDance, the parent company of TikTok. Microsoft seeks to acquire the U.S., Canada, Australia, and New Zealand portion of TikTok. In the ongoing talks, Microsoft is working with the U.S. Government in order to successfully complete the deal. The TikTok Ban that President Trump wanted to implement has been held of because of the current talks. Initially President Trump wasnâ€™t supportive of Microsoft purchasing TikTok but has since allowed the talks to go on.
The controversy all comes down to where the user data will be stored. If Microsoft acquires TikTok successfully then all the data will be stored in the U.S. and not China. This purchase would also alleviate many national security concerns that the U.S. government has. The security concerns led the U.S. military to ban TikTok on troop’s phones long ago. This security threat of ChinaÂ’s apps and hardware is something that many countries are deciding on. Recently India banned TikTok and many other apps that were Chinese-based. Various other countries are also reviewing their relationship and connections with China.
TikTok has grown to be one of the biggest social media platforms in the world. If this purchase goes through then it will continue to be one of the biggest platforms in the U.S. MicrosoftÂ’s CEO Satya Nadella spoke with President Trump and came to an agreement that would give Microsoft 45 days to make the deal with ByteDance. Microsoft assured the U.S. government that part of its plan is to make sure TikTok user data is stored in the U.S. Secretary of State Mike Pompeo alleged that TikTok and WeChat were Â“feeding data directly to the Chinese Communist PartyÂ”. Now Microsoft has till September 15thto make sure that U.S. user data doesnâ€™t go to the CCP if they successfully purchase TikTok.