Update : 2025-03-12 , 1:41 p.m. ET : Per a SaturdayReutersreport , TikTok ’s parent party Bytedance has agreed to full transparency with the U.S. government and offered to undress its U.S. operations of TikTok all if it ’ll keep President Donald Trump from blackball the app , concord to two hoi polloi familiar with the matter . Under this deal , Bytedance , which is base in Beijing , would make a light break and give Microsoft full control over TikTok in the U.S.
The White House declined the electric receptacle ’s postulation for comment on whether it would accept this via media . However , a source familiar with the matter afterwards toldAxiosthat Trump “ has a deal on his desk ” as of Saturday afternoon that would pass on over 100 % of TikTok ’s U.S. operations to Microsoft .
before : Trump said he plans to bless an executive order banning TikTok as soon as Saturday , according toseveralreportershe spoke with aboard Air Force One on Friday evening .
Photo: Lionel Bonaventure (Getty Images)
The popular music and dance app is one of many owned by Formosan company that the Trump regime believes is funnel user data to the Formosan governance , an allegement that has not been substantiated . Trump ’s beenthreatening to banTikTok for calendar week now , but it ’s anybody ’s estimate whether he decide to in reality go through with it . That military man says a draw of things … and some of his promises do n’t last longer than the mean TikTok .
https://gizmodo.com/microsoft-reportedly-looking-to-buy-tiktok-as-trump-adm-1844575244
Earlier on Friday , the New York TimesreportedthatMicrosoft is in talksto buy the app , supposedly valuedat $ 100 billion , as federal scrutiny increment . A TikTok representative secern Gizmodo at the time that they “ do not point out on rumor or speculation , ” but are “ confident in the farseeing - term achiever of TikTok . ”
The app has already beenbanned in India , along with 58 other China - based apps , reportedly in retaliation toa baneful borderline conflictin the Himalayas rather than for the kind of espionage concerns Trump ’s citing .
As for TikTok itself , the company said that they “ are n’t planning on going anywhere ” and are “ here for the foresightful run ” ina TV responseto the United States President ’s statements on Saturday .
“ When it comes to safety and security , we ’re build the safest app because we know it ’s the good thing to do , ” say TikTok ’s U.S. general manager , Vanessa Pappas in the television .
https://gizmodo.com/as-2020-spirals-into-the-abyss-tiktok-teens-are-reachi-1844547217
She went on to thank users for their outpouring of support in the wake of the news ( over the night , users flooded TikTok with collage of their favorite or most popular video alongside plea to keep the app from getting banned . ) As of writing this , the video recording ’s been look at 2.5 million clip in just three hour .
Pappas also collapse a shoutout to TikTok ’s U.S. employees , the 10,000 jobs the company plan to play to the U.S. over the next three years , and its of late announcedbillion - dollar mark creator fund . In a instruction emailed to Gizmodo , a TikTok interpreter repeat these stats , reiterating once again that it ’s distance the app ’s operations from Bytedance and storage all U.S. user data on server within the U.S.
“ We are attached to protecting our user ’ privacy and guard as we continue working to take joy to family and meaningful calling to those who create on our platform , ” the interpreter said .
you could read TikTok ’s statement in full below :
“ These are the facts : 100 million Americans get along to TikTok for amusement and connection , especially during the pandemic . We ’ve hire nigh 1,000 mass to our US squad this year alone , and are proud to be engage another 10,000 employees into great paying problem across the US . Our $ 1 billion creator stock supports US Creator who are work up livelihoods from our platform . TikTok US user information is stored in the US , with strict controls on employee access . TikTok ’s braggart investors come from the US . We are attached to protecting our users ’ secrecy and safety as we continue operate to bring joy to families and meaningful careers to those who make on our platform . ”
This is a develop story . We will update this billet as we get more info .
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