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August 3, 2020 06:50 pm GMT

Trump calls TikTok a hot brand, demands a chunk of its sale price

Today the president appeared to bless the budding Microsoft-TikTok deal, continuing his evolution on a possible transaction. After stating last Friday that he’d rather see TikTok banned than sold to a U.S.-based company, Trump changed his tune over the weekend. TikTok is owned by China-based company ByteDance, which owns a portfolio of apps and services. […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/tOgGdP1srL4/

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