Trump’s bid for a piece of Microsoft-TikTok deal could be illegal

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Trump’s bid for a piece of Microsoft-TikTok...
 © CyprusMail 2020
President Donald Trump’s unprecedented demand that the United States get a cut of the proceeds from the forced sale of Chinese internet giant ByteDance’s short-video app TikTok is based on an interpretation of U.S law that regulatory lawyers say may be open to challenges.

The Committee on Foreign Investment in the United States (CFIUS), a U.S. government panel that reviews deals for potential national security risks, has given ByteDance until Sept. 15 to negotiate a sale of TikTok to Microsoft Corp ( MSFT.O ), amid concerns over the safety of personal data that the app handles under its Chinese...


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Trump’s bid for a piece of Microsoft-TikTok deal could be illegal


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