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Trump said that part of the profits from the sale TikTok will go to the U.S. Treasury

The US President Donald trump said that a significant portion of sales of the Chinese service TikTok needs to go to the U.S. Treasury.

"A very large part of that price must go to the Ministry of Finance of the USA," said trump at a press conference, speaking about the possible sale of the service.

Microsoft no later than September 15 will conclude the negotiations for the purchase TikTok

The American company Microsoft in the coming weeks and will begin no later than September 15 will conclude the negotiations with the Chinese ByteDance about buying the popular app TikTok, the transaction as minority shareholders can participate and other U.S. companies, according to Microsoft.

It is noted that Microsoft intends to buy TikTok subject to the "full safety analysis and the provision of adequate economic benefits to the United States."

Media: Microsoft has suspended talks on the acquisition of TikTok

American company Microsoft has suspended talks ByteDance c Chinese, Chinese speaking service TikTok, the acquisition of a share of the American division of the social network after the statement of the President of the United States Donald trump on possible closure of the whole service, reported the Wall Street Journal, citing sources.

Earlier, the New York Times, also citing sources, reported that the American IT giant Microsoft is negotiating with ByteDance on the acquisition of the service TikTok. Subsequently, trump said that it plans to ban in USA TikTok. Bloomberg also reported that at least one major company except for Microsoft, as well as investors interested in purchasing the Chinese ByteDance stake in the social network TikTok.

Trump has threatened to ban TikTok

The U.S. is considering various measures against the application TikTok, including the ban, said the President of the United States Donald trump.

"We are studying TikTok. We may prohibit TikTok. Can do some other things," trump said to reporters in the White house.

The headquarters of the trump accused TikTok in spying on Americans

Campaign headquarters of U.S. President Donald trump accused the TikTok app in the spying on Americans.

"TikTok spying on you. TikTok was caught red-handed on that he tracked that you have in the clipboard in your phone," reads the is staff trump on Facebook.

Media: TikTok broke off negotiations on the establishment of the headquarters in Britain

The owner of a Chinese social network TikTok ByteDance the company broke off negotiations on the opening of the headquarters in the UK and the establishment there of three thousand jobs on the backdrop of deteriorating relations between London and Beijing, according to British newspaper the Sunday Times.

The owner of a Chinese social network, according to sources, several months negotiating with the British government. The decision to suspend the dialogue was made on the background "in a broader geopolitical context" and growing tension between States.

The US will take action against TikTok and WeChat in the coming weeks

The United States will take action against Chinese TikTok apps, WeChat and others in the coming weeks, said on Thursday reporters the head of the White house mark meadows.

Earlier, U.S. President Donald trump has confirmed that Washington is considering to ban the work on the territory of the country Chinese apps TikTok. Washington believes that personal user data is transmitted to the Chinese authorities. Amazon, according to some media reports, has asked its employees to remove the Chinese app TikTok from their mobile phones, citing risks associated with security.

Seoul TikTok fined for illegal data collection of minors

The Korean communications Commission (KCC) decided to fine the Chinese app TikTok 186 million won (almost 155 thousand USD) for illegal collection and transfer abroad the data of the minor user.

As reported on the website of the Commission on the results of the 41st meeting in 2020, the app violated the law on the protection of personal information, collecting the data of minors without the permission of their legal guardians.

Media: Wells Fargo Bank has asked a number of staff to remove the app TikTok

One of the largest U.S. banks Wells Fargo demanded that several employees remove Chinese app TikTok with corporate phones, according to the Agency Bloomberg with reference to the official representative of the Bank.

"We identified a small number of Wells Fargo employees with corporate devices, which were installed TikTok," - said the Agency representative of the Bank. According to him "in response to concern about the protection of personal information and control and security measures TikTok and because the corporate device should be used only for work, we have instructed these officers to remove the app from devices."

Media: in the United States are investigating how the TikTok treats personal data of children

The Federal trade Commission and the U.S. Department of justice are investigating reports that a Chinese social network TikTok did not comply with the requirements to protect the privacy of children on the Internet, Reuters reported, citing sources.

Earlier, the US Secretary of state Mike Pompeo in an interview with Fox News channel, said that the United States is considering to ban the work on the territory of the country Chinese apps TikTok.

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