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Microsoft confirms acquisition plans, hours after US secretary of state says Chinese software companies are feeding data directly to Communist party
Donald Trump will take action in coming days to tackle an array of national security risks presented by TikTok and other Chinese software companies, Mike Pompeo has said, as Microsoft revealed it was pursuing a deal after speaking to the US president.
Microsoft said late on Sunday that - after a conversation between Trump and its CEO, Satya Nadella – it would move quickly on acquisition talks with TikTok’s parent company, ByteDance, completing talks no later than 15 September. It pledged to ensure that all private data of American users was transferred to, and remained in, the US. Continue reading...