In a statement released Sunday night, Microsoft said it will continue talks to buy the popular video app TikTok, following a discussion between CEO Satya Nadella and President Trump.
TikTok is owned by the Chinese company ByteDance, and Microsoft would purchase the service in the U.S., Canada, Australia, and New Zealand.
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Microsoft said it expects to finish negotiations by Sept. 15, and if a deal is reached, will ensure that all data on American users is transferred to and stays in the United States, Reuters reports.
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