Microsoft plans to acquire TikTok business in the USA

The popularity of the TikTok app breaks all records. The child of the Chinese company ByteDance has already headed the local rating and is rapidly gaining popularity in the world. Only in the U.S. already more than 100 million users of the application, however, the U.S. government does not like that personal data of citizens can be transferred to China.

Microsoft can help in this situation. It has become known that the technological giant has expressed a desire to acquire the American share of TikTok business, while at the same time Australian, Canadian and New Zealand. Microsoft is studying the purchase options and has already sent a preliminary proposal to the appropriate agency. The tentative term of the deal is September 15, the amount of the deal is currently unknown.

Microsoft assures that in case of successful completion of the deal, confidential data of American users of the popular application will not leave the borders of the country.