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- https://basic-tutorials.com/news/microsoft-and-tiktok-trump-demands-money-on-takeover/
In the last few days, Microsoft’s takeover ambitions towards TikTok have made big waves. Especially US President Donald Trump was anything but happy about the fact that the huge US-American tech company wants to buy the app from the Far East. Now he announced that he will only agree to a takeover of the Chinese company if the government also earns money from the deal.
A clear condition
Trump has announced a very clear condition for the government to „go“ with a takeover of TikTok. The US Treasury Department must also be able to benefit from the purchase of the US TikToks business. Trump announced in a statement on Monday that a lot of money would have to come out for the government. Microsoft itself had made its takeover plans public on Sunday. They want to take over the entire English-speaking area of the app, which is especially popular among teenagers. They also stated that there has already been a conversation with Trump
Trump sets a deadline
Forever Microsoft does not have...
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