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# US WILL BAN TIKTOK ON SEPTEMBER 15



US President Donald trump has said that TIKtok would be banned in the country beginning september 15,2020, unless it is bought by an American company.

Technology gaint Microsoft is in talks with tiktok parent company Bytedance ti buy its us operation.

however, the president is in favour of a complete 100 percent purchase not 30 percent .


The turnaround came after Trump on Friday said he was planning to ban the Chinese-owned video app`s U.S. operations as soon as Saturday after dismissing a possible sale to Microsoft.

Reuters reported last week that some investors are valuing TikTok at about $50 billion, citing people familiar with the matter.



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Nicholas Klein, a lawyer at DLA Piper, said generally "the government doesn`t have the authority to take a cut of a private deal through" the Committee on Foreign Investment in the United States (CFIUS), which is the interagency committee that reviews some foreign investments in the United States.


"TikTok is Loved by 100 million Americans because it is a home for entertainment, self-expression, and connection," a TikTok spokesperson said in a statement Monday night. "We're motivated by their passion and creativity, and committed to continuing to bring joy to families and meaningful careers to those who create on our platform as we build TikTok for the long term. TikTok will be here for many years to come."

The president had threatened to ban the app through executive authority amid security concerns with its Beijing-based parent company, ByteDance, but his softened position Monday followed a call with the Microsoft CEO as the company enters talks to purchase TikTok in the U.S.

After Microsoft disclosed the news in a blog post Sunday, Trump confirmed he spoke to its CEO Satya Nadella over the weekend on the potential acquisition and called their conversation "great."

"He called me to see whether or not -- how I felt about it and I said, "Look, it can't be controlled for security reasons by China. Too big, too invasive and it can't be,'" Trump said, adding he recommended Microsoft buy the entire company as opposed to one leg of it, which Trump said can get complicated.




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