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Leaked Microsoft internal discussions show employee opposition to any TikTok deal, with some calling it 'unethical' and saying it could call the company's integrity into question (MSFT)

Microsoft is exploring a deal to buy TikTok's operations in countries including the US as the Trump administration puts pressure on its China-based parent company ByteDance to sell. Some employees have expressed concerns about the deal in internal messages reviewed by Business Insider, including worries that making the acquisition under these circumstances could call Microsoft's integrity into question. "This is the first time in a long time that I've had doubt gnawing at the pit of my stomach...
Tags: Microsoft, China, Satya Nadella, US, Trends, Linkedin, Bill Gates, Donald Trump, Signal, Trump, Satya, Ashley Stewart, Bytedance, US Treasury This


Beware bankers talking TikTok

The next few weeks is going to be a critical time for ByteDance-owned TikTok. The company is weeks away from a ban signed by President Trump, and while the company is expected to sue the U.S. federal government this week to block it, clearly the company’s future has at least storm clouds on the horizon. Trump signs orders banning US business with TikTok owner ByteDance and Tencent’s WeChat That has led to massive speculation about who might purchase TikTok and save it from its precarious s...
Tags: Apple, Google, Social, Facebook, Apps, Twitter, Japan, Microsoft, Government, Softbank, Satya Nadella, US, Tech, Policy, Tencent, Trump


TikTok is reportedly planning to challenge the Trump Administration ban

TikTok, the video-sharing app that’s moved to the center of the economic conflict between the US and China, is planning to challenge the executive order issued by President Donald Trump that would force the sale or ban the service in the United States. According to a report from National Public Radio yesterday, TikTok could file a federal lawsuit challenging the order as soon as Tuesday. The lawsuit is expected to be filed in the U.S. District Court for the Southern District of California, where...
Tags: TC, Twitter, Microsoft, White House, China, Satya Nadella, US, Tech, Iran, United States, Tencent, Npr, Donald Trump, National Public Radio, United States Treasury, Trump Administration


Here's everything we do and don't know about Microsoft's bid to acquire TikTok so far (MSFT)

TikTok's parent company ByteDance is facing increased pressure to cut ties with the viral video app, as President Donald Trump has threatened to ban TikTok unless ByteDance divests. Microsoft is in talks to buy TikTok's operations in the US, Canada, Australia, and New Zealand, and says it expects to reach a conclusion by September 15th. Of course, TikTok could also find another buyer. If the talks fall through by that date, Trump has said he would ban the app. If the companies make a deal, the...
Tags: Apple, Google, Facebook, Microsoft, Congress, China, Satya Nadella, US, Trends, United States, New Zealand, Lgbtq, Donald Trump, Justice Department, Signal, Cnbc


Trending: Some questions (and answers) about the Microsoft-TikTok deal

Hello and welcome to Trending, Business Insider's weekly look at the world of tech. I'm Matt Weinberger, deputy tech editor out of our San Francisco bureau, filling in for Alexei Oreskovic while he's on vacation. If you want to get Trending in your inbox every Wednesday, just click here. The clock goes tick-tock for TikTok Hello, and welcome to Trending, the Business Insider tech newsletter. As you may have already noticed, I'm not Alexei Oreskovic, your usual host — I'm Matt Weinberger, dep...
Tags: Apple, Google, Amazon, Facebook, Mark Zuckerberg, Microsoft, Mac, Congress, Steve Jobs, White House, China, Satya Nadella, US, San Francisco, Trends, United States


Trump says the US has 'all the cards' on a potential TikTok sale as he doubles down on demand that the government get a 'very big' cut

Trump defended his threat to condition the sale of TikTok to an American company on the US government receiving a "very big proportion" of the deal during a press conference Tuesday. "We have all the cards, without us you can't come into the United States," Trump said. Trump did not elaborate on how he plans to require the companies to pay up or which side the money would come from, but claimed that TikTok and Microsoft — which are in acquisition talks — both agreed that the US should receive ...
Tags: Microsoft, China, Singapore, Satya Nadella, US, America, Trends, Department Of Defense, Joe Biden, Beijing, United States, Donald Trump, Trump, United States Treasury, Facebook Trump, Tiktok


Trump wants the Treasury to get a substantial cut of any TikTok acquisition. China's state media says that would be 'open robbery.'

President Trump said on Monday TikTok has a deadline of September 15 to sell its US business or it will be "out of business in the United States." Trump also said a "substantial portion" of the any sale of the app should go to the US Treasury. He wasn't clear whether that cut should come from the purchasing company or ByteDance, TikTok's parent company. Chinese state media has reacted furiously to the remarks, with one editor saying any such cut would constitute "open robbery" and one newspape...
Tags: Microsoft, China, Satya Nadella, US, America, Trends, Bloomberg, Cnn, United States, Treasury, US Treasury, Trump, Communist Party of China, Global Times, Trump Trump, Nadella


Trump risks playing into China's hands by demanding a US government cut of any Microsoft-TikTok deal

President Trump risks giving ammo to his geopolitical rivals with his eye-opening demand for a Treasury cut of any sale of TikTok's US business to a US firm. Trump explicitly stated on Monday that if lead bidder Microsoft or another US firm were to acquire TikTok from its Chinese parent ByteDance, "the US should get a very large percentage of that price." China reacted furiously, with the state-owned China Daily writing: "China will by no means accept the 'theft' of a Chinese technology compan...
Tags: Facebook, Europe, Microsoft, Australia, China, Satya Nadella, US, Trends, United States, Treasury, US Treasury, China Daily, Trump, House Judiciary Subcommittee, Alex Stamos, Nadella


Trump Says TikTok Will Be Banned If Not Sold By Sept. 15, Demands Cut of Sale Fee (slashdot)

President Trump said Monday that TikTok will be shut down in the U.S. if it hasn't been bought by Microsoft or another company by Sept. 15, and claimed that the U.S. Treasury should get "a very substantial portion" of the sale fee. From a report: Trump appears to have backed off his threat to immediately ban TikTok after speaking with Microsoft CEO Satya Nadella, who said Sunday that the company will pursue discussions with TikTok's Chinese parent company ByteDance to purchase the app in the U.S...
Tags: News, Microsoft, Satya Nadella, Trump, U S Treasury, Msmash, Bytedance, Tiktok, U S TikTok


Daily Crunch: Microsoft-TikTok acquisition inches closer to reality

A possible Microsoft -TikTok acquisition is causing plenty of drama, we review Google’s new budget Pixel and SpaceX’s Crew Dragon returns to Earth. Here’s your Daily Crunch for August 3, 2020. Microsoft-TikTok acquisition inches closer to reality This weekend, Microsoft confirmed reports that it’s in talks to acquire TikTok, the popular mobile video app currently owned by Chinese company ByteDance. It sounds like the outcome of those talks may ultimately have less to do with Microsoft and m...
Tags: Google, Social, Mobile, Facebook, Spacex, Microsoft, Satya Nadella, Tech, Nasa, Earth, Policy, Netflix, United States, Treasury, Federal Reserve, Donald Trump


Microsoft's next big policy battle could be over its ties to China, as a GOP adviser calls on the tech titan to divest its Chinese holdings amid TikTok talks (MSFT)

Microsoft confirmed the company is exploring a deal to buy TikTok's operations in several countries including the US. President Donald Trump has threatened to ban the app over concerns including national security. Those concerns could affect Microsoft's bid. White House trade adviser Peter Navarro on Monday questioned Microsoft's relationship with China, suggesting the company should divest its Chinese holdings. China is home to Microsoft's largest R&D center outside the US, and its ties to th...
Tags: Google, Microsoft, White House, China, Satya Nadella, US, Trends, Gop, United States, Xi Jinping, Bill Gates, Xiaomi, Baidu, Seattle, Donald Trump, Signal


What Microsoft should demand in exchange for its ‘payment’ to the US government for TikTok

In one of the crazier news stories (and in 2020, that is saying something), President Donald Trump said today during a media availability event that in order for the U.S. government to sign off on a potential Microsoft/TikTok deal, “a very substantial portion of that price is going to have to come into the Treasury of the United States,” based on my colleague Alex Wilhelm’s rough transcript. Trump calls TikTok a hot brand, demands a chunk of its sale price That seems nearly impossible to a...
Tags: Facebook, Apps, Microsoft, California, Government, China, Satya Nadella, US, Tech, Policy, United States, Treasury, Capitol Hill, Donald Trump, Federal Trade Commission, Ftc


This chart shows how a Microsoft acquisition of TikTok for $50 billion would stack up against tech's largest deals ever (MSFT)

Microsoft is in talks to purchase TikTok, the massively popular video app that's owned and operated by the Chinese company ByteDance. The purchase talks come amid threats from President Donald Trump to ban the app in the United States. Trump says the app funnels user information to the Chinese government, and must be operated by an American company to ensure the safety of user information. The cost to purchase TikTok could be as high as $50 billion, according to a recent valuation reported by...
Tags: Apple, Google, Amazon, Motorola, Facebook, Adobe, Microsoft, Softbank, Nokia, Satya Nadella, US, Trends, Linkedin, Cisco, Walmart, Intel


Microsoft could pay billions for TikTok. It's a tremendously risky move that will put CEO Satya Nadella's strategy to the ultimate test. (MSFT)

On the face of it, Microsoft's decision to explore the possibility of spending billions on a TikTok acquisition seems like a weird business decision.  Under CEO Satya Nadella, Microsoft has doubled down on cloud computing and productivity software, leaving the Xbox console as its last major consumer brand.  TikTok, a mega-popular viral video app with 80 million daily active users in the United States, doesn't seem to tie into that strategy at all.  But Nadella has earned the benefit of the dou...
Tags: Amazon, Facebook, Instagram, Microsoft, Yahoo, China, Nokia, Satya Nadella, Disney, US, Trends, Linkedin, Gop, United States, Silicon Valley, Minecraft


Microsoft is poised to pay billions for TikTok, but it's a tremendously risky move that will put CEO Satya Nadella's strategy to the ultimate test (MSFT)

On the face of it, Microsoft's decision to explore the possibility of spending billions on a TikTok acquisition seems like a weird business decision.  Under CEO Satya Nadella, Microsoft has doubled down on cloud computing and productivity software, leaving the Xbox console as its last major consumer brand.  TikTok, a mega-popular viral video app with 80 million daily active users in the United States, doesn't seem to tie into that strategy at all.  But Nadella has earned the benefit of the dou...
Tags: Amazon, Facebook, Instagram, Microsoft, Yahoo, China, Nokia, Satya Nadella, Disney, US, Trends, Linkedin, Gop, United States, Silicon Valley, Minecraft


Trump calls TikTok a hot brand, demands a chunk of its sale price

Today the President appeared to bless the budding Microsoft-TikTok deal, continuing his evolution on a possible transaction. After stating last Friday that he’d rather see TikTok banned than sold to a US-based company, Trump changed his tune over the weekend. TikTok is owned by China-based company ByteDance, which owns a portfolio of apps and services. A weekend phone call between Satya Nadella, the CEO of Microsoft, and the American prime appeared to change his mind, leading to the software ...
Tags: TC, Microsoft, Government, China, Satya Nadella, US, Tech, Policy, United States, M&a, Treasury, Donald Trump, Trump, Nadella, Bytedance, Tiktok


Trump Says TikTok Will Be Banned If Not Sold By Sept. 15, Demands Cut of Sale Fee

President Trump said Monday that TikTok will be shut down in the U.S. if it hasn't been bought by Microsoft or another company by Sept. 15, and claimed that the U.S. Treasury should get "a very substantial portion" of the sale fee. From a report: Trump appears to have backed off his threat to immediately ban TikTok after speaking with Microsoft CEO Satya Nadella, who said Sunday that the company will pursue discussions with TikTok's Chinese parent company ByteDance to purchase the app in the U.S...
Tags: Microsoft, Satya Nadella, Tech, Trump, U S Treasury, Bytedance, Tiktok, U S TikTok


Trump reportedly says TikTok has until September 15 to find a US buyer or it will be banned — and that the US Treasury should get payment as part of the sale

President Donald Trump said on Monday that the popular video-sharing app TikTok had until September 15 to find a US buyer or else face a ban, CNN's Jim Acosta tweeted. Microsoft is reportedly in talks to purchase TikTok, a move that Trump said he'd support. The president also said that the US Treasury should receive payment as part of a deal in which TikTok is sold to a US company. Trump previously threatened to ban the app, which is owned by ByteDance, a Beijing-based company. Visit Business ...
Tags: Microsoft, White House, Satya Nadella, US, Trends, Cnn, Beijing, United States, New York Times, US Treasury, Republican, Donald Trump, Trump, Jim Acosta, Bytedance, Tiktok


Microsoft confirms it’s seeking to buy U.S. arm of TikTok

Microsoft confirmed Sunday it is in talks with Chinese company ByteDance to acquire the U.S. arm of its popular video app TikTok and has discussed with President Donald Trump his concerns about security and censorship surrounding such an acquisition. In a statement, Microsoft said Microsoft and ByteDance have provided notice of their intent to explore a deal resulting in Microsoft owning and operating the TikTok service in the U.S., Canada, Australia and New Zealand. The company said it expects ...
Tags: Europe, Business, Technology, Media, Microsoft, Congress, Abc, California, White House, China, Satya Nadella, Sport, Soccer, United States, New Zealand, Treasury


"Trump gives Microsoft 45 days to clinch TikTok deal."

Reuters reports.Trump said on Friday he was planning to ban TikTok amid concerns that its Chinese ownership represents a national security risk because of the personal data it handles.... The proposed acquisition of TikTok, which boasts 100 millions U.S. users, would offer Microsoft a rare opportunity to become a major competitor to social media giants such as Facebook Inc (FB.O) and Snap Inc (SNAP.N). Microsoft also owns professional social media network LinkedIn. Trump had dismissed the idea o...
Tags: Microsoft, Law, Satya Nadella, Trump, Reuters, Ann Althouse, Trump and foreign policy, Bytedance, Tiktok, Facebook Inc FB O and Snap Inc SNAP N Microsoft, LinkedIn Trump, Redwood Washington


Equity Monday: Could Satya and TikTok make Bytedance investors happy enough to dance?

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest big news, chats about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. You can follow the show on Twitter here, and myself here, and don’t forget to check out last Friday’s episode. As you probably expected, we had a lot to sa...
Tags: Travel, Apple, Google, Fundings & Exits, Startups, Microsoft, Satya Nadella, Goldman Sachs, Morgan Stanley, Equity, Bing, Yuri Milner, Adt, Trump, SPAC, Satya


Sen. Chuck Schumer said a US company should buy TikTok to prevent the Chinese government from accessing user data

Top Senate Democrat Chuck Schumer said a US company should buy TikTok to keep US user data safe and out of the hands of the Chinese government. The Senate minority leader tweeted the comments Monday morning, saying in part, "A safe way must be found for TikTok to continue." The remarks come days after news surfaced that Microsoft was in talks to acquire TikTok's US business amid strained US-China relations. American lawmakers have said TikTok's ties to China through its parent company, the tec...
Tags: Microsoft, Washington, Senate, China, Satya Nadella, US, Trends, Chinese communist party, Trump, Schumer, Chuck Schumer, US China, Sen Chuck Schumer, Top Senate, Bytedance, Tiktok


Is the 2020 SPAC boom an echo of the 2017 ICO craze?

I wanted to write an essay about Microsoft and TikTok today, because I was effectively a full-time reporter covering the software giant when it hired Satya Nadella in 2014. But, everyone else has already done that and, frankly, there’s a more pressing financial topic for us to parse. Let’s take a minute to take stock of SPAC (special purpose acquisition companies) which have risen sharply to fresh prominence in recent months. Also known as blank-check companies, SPACS are firms that are sent pub...
Tags: Fundings & Exits, Startups, TC, Microsoft, Finance, Satya Nadella, Tech, Tesla, Automotive, Payments, Electric, SPAC, Nikola, NIO, Market Analysis, Porch.com


Microsoft says it has Trump's permission to buy Tik Tok

Following Trump's claim he could ban Tik Tok in the U.S. by executive order, Microsoft, which has signaled its interest in buying the Chinese social media site, reports that it has his personal permission to proceed with the deal. Following a conversation between Microsoft CEO Satya Nadella and President Donald J. Trump, Microsoft is prepared to continue discussions to explore a purchase of TikTok in the United States. Microsoft fully appreciates the importance of addressing the President’s conc...
Tags: Post, News, Microsoft, Satya Nadella, United States, Trump, Tik Tok, Bytedance, Donald J Trump Microsoft, United States Treasury Microsoft


Microsoft says its got Trump's permission to buy Tik Tok

Following Trump's claim he could ban Tik Tok in the U.S. by executive order, Microsoft, which has signaled its interest in buying the Chinese social media site, reports that it has his personal permission to proceed with the deal. Following a conversation between Microsoft CEO Satya Nadella and President Donald J. Trump, Microsoft is prepared to continue discussions to explore a purchase of TikTok in the United States. Microsoft fully appreciates the importance of addressing the President’s conc...
Tags: Post, News, Microsoft, Satya Nadella, United States, Trump, Tik Tok, Bytedance, Donald J Trump Microsoft, United States Treasury Microsoft


Microsoft Confirms Plan to Acquire TikTok, Trump Gives Consent

After rumors of a potential deal arose last week, Microsoft has publicly confirmed its intention to purchase TikTok in the United States and several other territories. The company has outlined its intention to "move quickly to pursue discussions with TikTok's parent company, ByteDance, in a matter of weeks." The two companies have provided formal notice of their intent to explore a preliminary proposal that would involve a purchase of TikTok in the United States, Canada, Australia, and New Ze...
Tags: London, Microsoft, Satya Nadella, Beijing, West, United States, United Kingdom, The Sun, New Zealand, Donald Trump, Trump, United States Treasury, UNITED STATES CANADA AUSTRALIA, Bytedance, Tiktok, Microsoft United Kingdom Donald Trump


TikTok is at the heart of a wild geopolitical dogfight which means Microsoft might buy it. Here's what's going on.

News broke on Friday that ByteDance-owner TikTok is being pressured by the Trump administration to divest its US business, and Microsoft was in the running to buy it up. Trump then said on Friday he was banning the app, possibly as soon as Saturday. The ban has yet to materialize. Trump's comments reportedly halted Microsoft's acquisition talks, but on Sunday Microsoft announced it was resuming discussions with TikTok. Here's everything we know so far. Visit Business Insider's homepage for mo...
Tags: Europe, Instagram, Microsoft, Navy, China, Satya Nadella, US, Trends, Bloomberg, United States, New York Times, New Zealand, Fox News, Chinese communist party, Republican Party, Times


TikTok is at the heart of a wild geopolitical dogfight and it could result in Microsoft buying TikTok. Here's what's going on.

News broke on Friday that TikTok-owner ByteDance is being pressured by the Trump administration to divest its US business, and Microsoft was in the running to buy it up. Trump then said on Friday he was banning the app, possibly as soon as Saturday. The ban has yet to materialize. Trump's comments reportedly halted Microsoft's acquisition talks, but on Sunday Microsoft announced it was resuming discussions with TikTok. Here's everything we know so far. Visit Business Insider's homepage for mo...
Tags: Europe, Instagram, Microsoft, Navy, China, Satya Nadella, US, Trends, Bloomberg, United States, New York Times, New Zealand, Fox News, Chinese communist party, Republican Party, Times


10 things in tech you need to know today

Good morning! This is the tech news you need to know this Monday. Sign up here to get this email in your inbox every morning. Microsoft is in talks to buy TikTok from its parent company ByteDance, which are set to conclude by September 15. Microsoft announced Sunday talks were resuming after Trump threatened to ban the app in the US, and CEO Satya Nadella said he had personally spoken with Trump. Microsoft isn't the only company bidding on TikTok, Bloomberg reports. An anonymous source said Ti...
Tags: Facebook, Japan, Spacex, Microsoft, Stanford, China, Softbank, Satya Nadella, US, Barack Obama, Trends, Bloomberg, Nasa, Earth, Bbc, New York Times


Microsoft-TikTok: On Global ambitions, Geopolitics, IPO plans, Big Tech and the splinternet

It’s official: Microsoft is in talks to buy the TikTok business from ByteDance in four countries: the United States, Canada, Australia and New Zealand. This comes a day after US President Donald Trump told reporters on-board Air Force One that “As far as TikTok is concerned, we’re banning them from the United States”. President Trump was not in favor of a US company buying Tiktok, but and was considering an executive order to ban it. However, as per Microsoft’s statement (reproduced in full belo...
Tags: Travel, Facebook, UK, News, Supreme Court, Microsoft, China, India, Satya Nadella, US, Social Media, Linkedin, Eu, Bloomberg, United States, United Kingdom