New post Thank you for 2021. Expecting a bigger you in 2022 Read More

ApplicationsBig StoryMobileNews

Microsoft to acquire TikTok after talks with Trump.

1 Mins read

Microsoft has said it was “prepared to continue discussions to explore a purchase of TikTok in the United States,” following a conversation between its CEO Satya Nadella and President Trump. It’s the first time the company has confirmed reports that it was in talks with the company, the video sharing platform.

In a statement read, it says:
“Microsoft fully appreciates the importance of addressing the President’s concerns. It is committed to acquiring TikTok subject to a complete security review and providing proper economic benefits to the United States, including the United States Treasury,” the blog post reads. It adds that the company expects to move “quickly to pursue discussions with TikTok’s parent company, ByteDance, in a matter of weeks, and in any event completing these discussions no later than September 15, 2020.”

Although the talk is said to be in the starting point as Microsoft has promised to let all private data of US citizens remain in the US alone.

Related posts
News

#TwitterBan: Nigerian Government Lifts Twitter Ban

1 Mins read
Nigeria’s federal government has announced the lift on the ban placed on Twitter. The announcement was made by the Chairman Technical Committee…
AndroidNews

Gmail reaches 10 billion downloads on Play Store

1 Mins read
Google-owned email client, Gmail, has crossed a new milestone after it passes 10 billion downloads on Google Play Store. This feat makes…
News

Multichoice X Udemy to empower Africans.

1 Mins read
Africa’s leading entertainment provider, Multichoice, owners of DSTV and GoTv partners with Udemy, a global online learning platform in a bid to…
Get powered up with Techpadi Newsletter

Be the first to know what's happening in the African tech space

Leave a Reply