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Title : "Trump gives Microsoft 45 days to clinch TikTok deal."
link : "Trump gives Microsoft 45 days to clinch TikTok deal."

"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 of a sale to Microsoft on Friday. But following a discussion between Trump and Microsoft CEO Satya Nadella, the Redwood, Washington-based company said in a statement on Sunday that it would continue negotiations to acquire TikTok from ByteDance, and that it aimed to reach a deal by Sept. 15....

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