Microsoft in a statement, confirmed that it’s still considering buying Chinese-owned video-sharing app TikTok.
CEO of Microsoft Satya Nadella earlier had a conversation with President Donald Trump about the acquisition on Sunday, saying that Microsoft “fully appreciates the importance” of addressing President Trump’s concerns.
The company said that a full security review of the app would be initiated.
Microsoft will also have to provide the US government with a list of the “proper economic benefits” to the country, it said in a blog post.
Microsoft hopes to conclude discussions with TikTok’s parent firm ByteDance by 15 September.
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