Trump changed his mind about banning the Chinese app after his advisers expressed concerns that the decision would turn away young voters.
United States President Donald Trump on Sunday gave Microsoft 45 days to reach a deal to acquire Chinese video-sharing platform TikTok, Reuters reported.
Microsoft, after a conservation between Chief Executive Officer Satya Nadella and Trump, said on Sunday that it will continue negotiations with ByteDance to acquire the video app and reach a deal by September 15. On Friday, however, Trump had brushed-off the idea of TikTok’s sale to Microsoft.
The tech giant said that its acquisition of the Chinese app will be subject to a complete security review and submission of “proper economic benefits to the US”, according to PTI.
