The US President, Donald Trump, has given the Chinese company "Beat Dance" 45 days to negotiate the sale of the popular "Tik Tok" application of the short videos of Microsoft Corporation of America.
On Sunday, US Secretary of State Mike Pompeo said that President Donald Trump will issue a "soon" declaration on the implementation of Tic-Toc social media owned by a Chinese company, while Washington is increasing the pressure on Chinese technology companies.
Pompeo told US television "Fox News" that he (Trump) "will take action in the coming days regarding a wide range of national security risks offered by software linked to the Communist Party of China."
He added that Chinese software companies "feed data directly to the Communist Party of China, its national security apparatus." Like a facial recognition system to unlock devices, phone numbers and information about friends.
"These are real national security issues," Pompeo said. "They are issues that relate very closely to the privacy of the American people."
Pompeo said that "when the president makes his decision, he will ensure that everything we have done leads us to a near-zero danger for the American people." We are close to a solution and I think you will see the president's announcement soon.
Treasury Secretary Stephen Mnuchin told ABC News that Tik Tok "cannot stay the same."
US officials said that the application "Tik Tok" under the management of the Chinese company poses a national danger because of the personal data it deals with. Trump said on Friday that he intended to ban it in the United States after he rejected the idea of selling to Microsoft.
But after talks between Trump and Microsoft chief executive, Satya Nadala, the Washington-based company said in a statement that it would "continue negotiations to acquire Tik Tok from Bit Dance, and it aims to reach an agreement by September 15".
Several prominent Republican lawmakers have released statements in the past two days to urge him to sell a "tik-tok" to Microsoft.
The sources, who requested anonymity before the White House issued a statement, said that the US Foreign Investment Committee will supervise negotiations between "Beat Dance" and Microsoft. The US government's Foreign Investment Committee has the right to block any agreement.
"Microsoft fully appreciates the importance of addressing the president's concerns. It is committed to acquiring Tik Tok with a full security review and providing appropriate economic benefits to the United States, including the United States Treasury," Microsoft said in a statement.
As relations between the United States and China deteriorated due to trade and Hong Kong issues, cyber security and the outbreak of the new Corona virus, Tik Tok emerged as a new hotbed of tension in the conflict between the world's two largest economies.
Microsoft, which also owns the LinkedIn network for social networking, will become a major competitor to social media giants such as Facebook and Snapchat if it succeeds in acquiring Tik Tok.
Reuters reported on Wednesday that Byte Dance had received a proposal from some of its investors, including Sequoia and General Atlantic, to transfer most of the ownership of Tik Tok to them.