03/08/2020 12:43
Microsoft to continue talks to buy TikTok's US operations
US tech giant Microsoft has confirmed that it is continuing talks to purchase the US operations of Chinese-owned video-sharing app TikTok.
Microsoft boss Satya Nadella had a conversation with President Donald Trump about the acquisition on Sunday, the tech firm said.
Microsoft stressed that it "fully appreciates the importance" of addressing President Trump's concerns.
A full security review of the app will be conducted, the company added.
Microsoft will also have to provide the US government with a list of the "proper economic benefits" to the country, it said in a blog post.
The tech giant hopes to conclude discussions with TikTok's parent firm ByteDance by 15 September.