Trump administration gives TikTok 45 days to sell to Microsoft or leave US [Updated]

  • 3 August 2020
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Short-form video platform beloved by teens seen as a national security threat.

KATE COX - 8/3/2020


After weeks of rumor and speculation, the Trump administration this weekend gave TikTok's parent company, Beijing-based ByteDance, 45 days to sell off the social media sensation or else stop operating in the United States—and Microsoft looks to be the buyer.

Microsoft on Sunday confirmed what several media outlets had been speculating since Friday, saying it is in talks to buy TikTok's operations in the US, Canada, Australia, and New Zealand and may also invite other US investors to take minority stakes in the deal.


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