The final one from the U.S. government, unless TikTok reaches an agreement to sell its U.S. business, will have until September 15 to close the business. Microsoft is currently showing the most interest in the business and certainly a lot of resistance, but they won’t give up easily, so in a statement yesterday it said it was in talks to buy TikTok’s U.S. business and would continue to work with the U.S. government on the deal and intends to conclude negotiations by September 15.
Steve Ballmer, Microsoft’s former chief executive, said The company’s pursuit of TikTok was “exciting”. At the same time, Microsoft has the ability to deal with any regulatory issues that come with it.
Then, if Microsoft buys TikTok, Bill Gates has something to say. Bill DeBirs “TikTok’s U data will be secured by Microsoft,” Mr Gates said. Microsoft will not take any “intentional” action against TikTok. “
ByteDance founder Zhang Yiming recently sent a full letter confirming that TikTok’s U.S. business faces the possibility of being forced to sell by CFIUS or banned from the U.S. by executive order.
‘Despite our repeated emphasis that we are a private company and we are willing to take more technical solutions to address concerns, CFIUS has decided that ByteDance must sell Its TikTok’s U.S. business, ‘ Mr. Zhang said.