Free porn videos Free porn videos

Latest in Gear

Image credit: NARINDER NANU/AFP via Getty Images

TikTok owner reportedly agrees to sell US stake to avoid ban (updated)

Microsoft would protect American data.
Jon Fingas, @jonfingas
August 1, 2020
1294 Shares
-->
Share
-->
Tweet
-->
Share

Sponsored Links

Indian mobile users browses through the Chinese owned video-sharing 'Tik Tok' app on a smartphones in Amritsar on June 30, 2020. - TikTok on June 30 denied sharing information on Indian users with the Chinese government, after New Delhi banned the wildly popular app citing national security and privacy concerns.
"TikTok continues to comply with all data privacy and security requirements under Indian law and have not shared any information of our users in India with any foreign government, including the Chinese Government," said the company, which is owned by China's ByteDance. (Photo by NARINDER NANU / AFP) (Photo by NARINDER NANU/AFP via Getty Images)
NARINDER NANU/AFP via Getty Images

TikTok may drop its ties to China in very short order. Reuters sources claim TikTok’s Chinese owner, ByteDance, has agreed to sell its stake in the social network’s US operations to avert a possible ban. The agreement would have Microsoft protect American user data, according to the report, but Microsoft wouldn’t necessarily own TikTok itself — it would leave the possibility of another company taking stewardship.

The company told Engadget that it didn’t comment on rumors, but that it was “confident in the long-term success of TikTok.” It pointed to a video response to talk of a ban where US General Manager Vanessa Pappas said TikTok was “not planning on going anywhere.” Microsoft declined to comment. The White house has already declined to comment on whether or not this move would prevent a ban.

There’s no guarantee this would be enough. President Trump said on Air Force One that he would ban TikTok outright and rejected talk of allowing a sell-off. He suggested he would use an executive order or emergency economic powers to block the company. However, he also said this before word of a possible US deal emerged. If TikTok sheds its Chinese links, a ban might not have much effect.

A ban could have serious consequences if it remained intact for a significant period, and not just to TikTok’s bottom line. The company has about 100 million American users, and a sudden shutdown could both make people scramble to alternatives and possibly create resentment. It could affect creator money and TikTok jobs, too. In that regard, the social media giant might not have much choice if it wants to prevent chaos.

Update 8/1 5:08PM: The Wall Street Journal and The Information claim Microsoft has “paused” talks with TikTok following Trump’s suggestion he would ban the app. The tech companies were reportedly hoping to finish a deal by Monday, sources for the news outlets said. This doesn’t mean they’re scrapping the deal, but they apparently want “clarity” on what happens next.

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Comment
Comments
Share
1294 Shares
-->
Share
-->
Tweet
-->
Share

Popular on Engadget

Engadget's 2020 Back-to-School Guide

Engadget's 2020 Back-to-School Guide

View
Apple is reportedly planning 'Apple One' subscription bundles

Apple is reportedly planning 'Apple One' subscription bundles

View
These AI-generated tennis matches are both eerie and impressive

These AI-generated tennis matches are both eerie and impressive

View
Huge video game companies are exposing Apple's iOS hypocrisy

Huge video game companies are exposing Apple's iOS hypocrisy

View
How QAnon went mainstream

How QAnon went mainstream

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr

xxxtop.biz - porn toplists network
1.Teenxporn 2.Best Mom Sex 3.Sexy Nude Girls 4.Nonude-top 5.Hello-teen 6.Anonnn 7.Ppictools
8.Youporn 9.Wowmo 10.Hone 11.Wonteens 12.Ultray 13.Nakedteens 14.Kindmovies
15.Oneangle 16.Shocking

xxfseo.com