Trump gives TikTok 45 days to sell to U.S. company or shut downChristian Fernsby ▼ | August 3, 2020
Trump administration gave TikTok's parent company ByteDance 45 days to sell off the social media sensation or else stop operating in the United States.
U.S. TikTok Microsoft
"Microsoft will move quickly to pursue discussions with TikTok’s parent company, ByteDance, in a matter of weeks, and in any event completing these discussions no later than September 15, 2020," the company said.
"Microsoft would ensure that all private data of TikTok’s American users is transferred to and remains in the United States." ■