Trump says US should get a 'very large percentage' of TikTok sale proceeds

The US president has set a deadline of September 15 for TikTok to sell its US business or stop operations in the country.

Microsoft keen on buying TikTok US, hopes to convince Trump against ban

Tech giant says will “build on the experience TikTok users love, while adding world-class security, privacy, and digital safety protections.

Reports had said Trump would require US operations of the app be divested from its parent firm ByteDance, but the president announced a ban

Microsoft a leading buyer, report New York Times and Bloomberg as Trump likely to order ByteDance to sell or face a ban on its video app.

The short video platform also said it plans to add 10,000 US jobs in the next three years, as it battles complaints over its ties to China.

A government official claimed the “exploitation, objectification and sexualisation of young girls on TikTok” was causing pain to parents.

As much as 74 per cent of downloads have been in India for the Resso music-streaming app, which dubs itself a social app like TikTok.

A White House advisor says he expects TikTok to operate as an independent company in the US to skirt the proposed ban.

Quick disbursal of the Rs 20,000 crore Startup India corpus to app-based businesses is key, not reliance on large firms to create superapps.

China dismissed the comments as “ridiculous and narrow-minded”, and slammed the US as “the world’s real hacker empire”.