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Articles related to "trump-said"


TikTok ban set for September 15 without a sale

  • Washington | US President Donald Trump said Monday the US government should get a "substantial portion" of the sale price of the US operations of popular short-video app TikTok and warned he will ban the service in the United States on September 15 without a sale.
  • The turnaround came after Trump on Friday said he was planning to ban the Chinese-owned video app's US operations as soon as Saturday after dismissing a possible sale to Microsoft.
  • Many prominent Republicans, including House Republican Leader Kevin McCarthy, issued statements in support of a Microsoft acquisition of TikTok's US operations.
  • White House trade adviser Peter Navarro suggested on Monday that Microsoft could divest its holdings in China if it were to buy TikTok. A CUB brewery which makes Victoria Bitter, Carlton Draught and other brands for Victoria, WA, SA, Tasmania and southern NSW is deemed essential.

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Microsoft and Bytedance Put TikTok Talks on Hold After Trump Signals Opposition

  • MSFT 0.54% has paused negotiations to buy the U.S. operations of the video-sharing app TikTok after President Trump said late Friday he opposes the deal, according to people familiar with the matter.
  • The software giant was in advanced talks with TikTok parent Bytedance Ltd., with momentum toward a deal that they believed met the White House goal for the popular app to get bought by a U.S. company, the people said.
  • Before Mr. Trump’s remarks, the two sides believed the broad strokes of a deal could be in place by Monday, the people said.
  • The deal talks aren’t believed to be dead, but rather the two companies are trying to get clarity on where the White House stands and whether it is planning a separate action that would make it difficult for TikTok to operate in the U.S., the people said.

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Microsoft and Bytedance Put TikTok Talks on Hold After Trump Signals Opposition

  • MSFT 0.54% has paused negotiations to buy the U.S. operations of the video-sharing app TikTok after President Trump said late Friday he opposes the deal, according to people familiar with the matter.
  • The software giant was in advanced talks with TikTok parent Bytedance Ltd., with momentum toward a deal that they believed met the White House goal for the popular app to get bought by a U.S. company, the people said.
  • Before Mr. Trump’s remarks, the two sides believed the broad strokes of a deal could be in place by Monday, the people said.
  • The deal talks aren’t believed to be dead, but rather the two companies are trying to get clarity on where the White House stands and whether it is planning a separate action that would make it difficult for TikTok to operate in the U.S., the people said.

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TikTok's Chinese owner offers to forego stake to clinch U.S. deal - sources

  • NEW YORK/WASHINGTON (Reuters) - China’s ByteDance has agreed to divest the U.S. operations of TikTok completely in a bid to save a deal with the White House, after President Donald Trump said on Friday he had decided to ban the popular short-video app, two people familiar with the matter said on Saturday.
  • Trump told reporters onboard Air Force One late on Friday that he would issue an order for TikTok to be banned in the United States as early as Saturday.
  • Under the new proposed deal, ByteDance would exit completely and Microsoft Corp would take over TikTok in the United States, the sources said.
  • Reuters reported last year that CFIUS had opened an investigation into TikTok. The United States has been increasingly scrutinizing app developers over the personal data they handle, especially if some of it involves U.S. military or intelligence personnel.

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ByteDance offers to 'divest' its stake in TikTok's US operations to avoid Trump ban - Business Insider

  • NEW YORK/WASHINGTON (Reuters) - China's ByteDance has agreed to divest the U.S. operations of TikTok completely in a bid to save a deal with the White House, after President Donald Trump said on Friday he had decided to ban the popular short-video app, two people familiar with the matter said on Saturday.
  • ByteDance's concession will test whether Trump's threat to ban TikTok is a negotiating tactic or whether he is intent on cracking down on a social media app that has up to 80 million daily active users in the United States.
  • Under the new proposed deal, ByteDance would exit completely and Microsoft Corp would take over TikTok in the United States, the sources said.
  • Reuters reported last year that CFIUS had opened an investigation into TikTok. The United States has been increasingly scrutinizing app developers over the personal data they handle, especially if some of it involves U.S. military or intelligence personnel.

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ByteDance offers to 'divest' its stake in TikTok's US operations to avoid Trump ban - Business Insider

  • NEW YORK/WASHINGTON (Reuters) - China's ByteDance has agreed to divest the U.S. operations of TikTok completely in a bid to save a deal with the White House, after President Donald Trump said on Friday he had decided to ban the popular short-video app, two people familiar with the matter said on Saturday.
  • ByteDance's concession will test whether Trump's threat to ban TikTok is a negotiating tactic or whether he is intent on cracking down on a social media app that has up to 80 million daily active users in the United States.
  • Under the new proposed deal, ByteDance would exit completely and Microsoft Corp would take over TikTok in the United States, the sources said.
  • Reuters reported last year that CFIUS had opened an investigation into TikTok. The United States has been increasingly scrutinizing app developers over the personal data they handle, especially if some of it involves U.S. military or intelligence personnel.

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