Microsoft is very serious about buying ownership of TikTok.
Following the weekend news that President Donald Trump was thinking about banning the popular short video app in the country, the tech company released a statement about their plans to acquire the company for operation in the United States.
“Microsoft fully appreciates the importance of addressing the President’s concerns. It is committed to acquiring TikTok subject to a complete security review and providing proper economic benefits to the United States, including the United States Treasury,” the company shared in a statement posted on the website.
It continued that the company “would ensure that all private data of TikTok’s American users is transferred to and remains in the United States,” the company says. “To the extent that any such data is currently stored or backed-up outside the United States, Microsoft would ensure that this data is deleted from servers outside the country after it is transferred.”
The Trump Administration weighed their concerns about the app because of its parent company, ByteDance, who may or may not be sharing data of American users with the Chinese government. TikTok is banned in other countries, because of these claims.