Report: Microsoft wants all of TikTok, but Trump signs order for new restrictions
source Tiktok What you need to know Microsoft may be trying to buy all of TikTok's global business, and not just select markets as previously reported. The Trump administration is rumored to be preparing an order that would compel Chinese company ByteDance to divest the U.S. portion of TikTok. Microsoft is reportedly in talks to buy the app from ByteDance. There's no word on when a sale might be final, though a September 15th deadline has been set by the Trump administration. Update #6 August 6 (10:45PM ET) — Trump orders restrictions on TikTok, WeChat The Trump administration is ratcheting up pressure on China. According to The New York Times , Trump has announced "sweeping restrictions" on TikTok and WeChat (a popular messaging app owned by Tencent). The twin orders take effect in 45 days and cite national security concerns as the impetus. According to the Times, the orders will "bar any transactions with WeChat or TikTok by any person or involvi...