Trump Says TikTok Will Be Banned If Not Sold By Sept. 15, Demands Cut of Sale Fee

President Trump said Monday that TikTok will be shut down in the U.S. if it hasn’t been bought by Microsoft or another company by Sept. 15, and claimed that the U.S. Treasury should get “a very substantial portion” of the sale fee. From a report: Trump appears to have backed off his threat to immediately ban TikTok after speaking with Microsoft CEO Satya Nadella, who said Sunday that the company will pursue discussions with TikTok’s Chinese parent company ByteDance to purchase the app in the U.S. TikTok has come under intense scrutiny in the U.S. due to concerns that the vast amounts of data it collects could be accessed by the Chinese government, potentially posing a national security threat.

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Original URL: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/qm7ZKKkZ-cM/trump-says-tiktok-will-be-banned-if-not-sold-by-sept-15-demands-cut-of-sale-fee

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