Trump Demands Cut of TikTok-Microsoft Deal
Microsoft is in talks to buy parts of TikTok, a forced sale after Trump threatened to ban the Chinese-owned video app, which has one hundred million U.S. users and hundreds of millions globally, for national-security concerns. How a ban would have worked was not clear.
Experts said there was no legal basis in antitrust law for such a payment.
A White House spokesperson sidestepped a question about Trump’s authority Tuesday, and an adviser appeared to walk back the payment demand.
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