Microsoft plans until September 15 to complete negotiations on buying TikTok

Microsoft plans to start in the coming weeks, negotiations with the Chinese ByteDance about buying the popular app TikTok and complete them no later than 15 September, the press service of the company.

according to the report, Microsoft CEO Satya Nadella discussed the issue with U.S. President Donald trump, and expects that during the negotiation process, the dialogue with the U.S. government will continue.

it is Noted that the company may purchase TikTok only on a “full security analysis and the provision of adequate economic benefits to the United States.” Microsoft guarantees that all the personal data of American users will be stored in the United States.

the Preliminary package involves purchase of services in the United States, Canada, Australia and New Zealand and will lead to the fact that Microsoft will own and use TikTok on these markets.

we will Remind, on Friday, the US President, Donald trump declared that can prohibit US app TikTok because of the threat to national security.