Monday, August 03, 2020

WORLD_ Microsoft’s Talks to Buy TikTok’s U.S. Operations Raise Ire in China

THE WALL STREET JOURNAL

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Microsoft’s Talks to Buy TikTok’s U.S. Operations Raise Ire in China

Washington’s push for Chinese company to sell American operations hardens suspicions in China that the U.S. aims to sabotage its technology



Your TikTok App Could Become American. What Does That Change?
Only days after President Trump threatened to ban TikTok, Microsoft announced it is pushing ahead with plans to buy the U.S. operations of the hugely popular video-sharing platform. WSJ's Eva Xiao looks at what it means for China's hit internet export. Photo: Frank Hoermann/Sven Simon/Zuma Press


By Liza Lin, Jing Yang and Eva Xiao
Updated Aug. 3, 2020 12:07 pm ET

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Washington’s ultimatum to the Chinese owner of TikTok—sell the app’s U.S. operations or leave the country—is hardening long-held suspicions in China that the U.S. aims to sabotage the country’s efforts to grow its technology, while raising concerns about the precedent it could set for Chinese companies with global ambitions as U.S.-China relations unravel.

After months in which TikTok owner Bytedance Ltd. fought to appease the Trump administration, Washington’s push for Bytedance to sell TikTok’s U.S. operations to Microsoft...

READ MORE: https://www.wsj.com/articles/microsofts-talks-to-buy-tiktoks-u-s-operations-raise-concerns-in-china-11596465664?mod=hp_lead_pos2



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