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‘Microsoft Said to Be in Talks to Buy TikTok, as Trump Weighs Curtailing App’

Mike Isaac, Ana Swanson, and Alan Rappeport, reporting for The New York Times:

TikTok, the Chinese-owned video app that has been under scrutiny from the Trump administration, is in talks to sell itself to Microsoft and other companies as President Trump prepares to force TikTok to divorce itself from its parent company, ByteDance, said people with knowledge of the discussions.

Mr. Trump, who said on Friday that he was considering “banning TikTok,” is expected to require ByteDance to sever ties with the popular app, according to a person familiar with the administration’s plans, who spoke on the condition of anonymity. White House officials have said TikTok may pose a national security threat because of its Chinese ownership.

Yes but what does the government of the Cayman Islands have to say?

Friday, 31 July 2020