Microsoft Corp is ready to continue discussions on exploring the acquisition of Douyin's overseas version of TikTok in the United States after its CEO Satyanadra (Satya Nadella) had a conversation with US President Trump, Microsoft Corp said in a statement on its official blog.

The following is the full text of Microsoft Corp's statement:

Microsoft Corp is fully aware of the importance of addressing the president's concerns and is committed to acquiring TikTok on the premise of conducting a thorough security review to provide appropriate economic benefits to the US government, including the Ministry of Finance.

Microsoft Corp will move quickly to advance the byte-beating discussion with TikTok's parent company within a few weeks, which should be completed no later than September 15, 2020. In the process, Microsoft Corp looks forward to continuing dialogue with the US government, including President Trump.

Microsoft Corp's discussion with byte jump will be based on notices sent by the two companies to the Committee on Foreign Investment in the United States (CFIUS). The two companies have notified CFIUS of their intention to explore a preliminary proposal that would involve Microsoft Corp's acquisition of TikTok services in the United States, Canada, Australia and New Zealand, which would allow Microsoft Corp to own and operate TikTok in these markets. Microsoft Corp may invite other US investors to participate in the acquisition in the form of minority shareholders.

The new structure will be based on the current favorite experience of TikTok users, while adding world-class security, privacy and digital security protection. This operating model is designed to ensure that TikTok is transparent to users and is subject to appropriate safety oversight by governments in these countries.

Among other measures, Microsoft Corp will ensure that the private data of all TikTok US users are transferred to the US and retained in the US. For any data currently stored or backed up outside the United States, Microsoft Corp will ensure that the data will be deleted from servers outside the United States after being transferred to the United States.

Microsoft Corp thanked the US government and President Trump for their personal participation. The government is continuing to build strong security for the United States.

The discussion is still at an early stage and there is no guarantee that a deal involving Microsoft Corp will continue. We do not intend to provide further updates until we have a final outcome of our discussion.

In addition, Reuters reported that US President Donald Trump has agreed to give byte jump 45 days to negotiate the sale of TikTok to Microsoft Corp, according to two people familiar with the matter.

The negotiations between byte jump and Microsoft Corp will be overseen by the Committee on Foreign Investment in the United States, which has the power to block any agreement, the source said.

Reuters said byte beat, Microsoft Corp and the White House did not immediately respond to requests for comment.

Earlier, the US Business Insider website quoted the Wall Street Journal as saying that Microsoft Corp had suspended negotiations with byte jump on the acquisition of TikTok's US business after Trump expressed his opposition to the acquisition of TikTok's US business by a US company. However, it is reported that the negotiations between the two sides have not been terminated, and the two companies are trying to clarify the position of the White House.

Byte beat is no longer silent: we are smeared by Facebook!

On the evening of Aug. 2, Beijing time, TikTok's parent company posted a post on its official account saying it had been smeared by Facebook Inc.

The full text is as follows:

Byte Jump is always committed to becoming a global company. In this process, we are faced with all kinds of complex and unimaginable difficulties, including the tense international political environment, the collision and conflict of different cultures, and the plagiarism and smear of our competitors Facebook Inc. However, we still adhere to the vision of globalization and continue to increase investment in markets around the world, including China, to create value for global users. We strictly abide by the local laws, and will actively make use of the rights granted to us by the law to safeguard the legitimate rights and interests of the company.

Phoenix Satellite TV Wang Bingru: why didn't the Americans agree to Zhang Yiming?

Wang Bingru, a Washington correspondent for Phoenix Satellite TV, said on Weibo Corp: when Pang Peiao went to Fox today, he said: action will be taken against TikTok and other Chinese APP in the next few days. He hopes the American people will realize that both TikTok and Wechat provide data to the Chinese government, such as their address, phone number, contact information, and so on. Asked if it was possible for Microsoft Corp to buy TikTok, Pengpeo did not give a clear answer.

What Americans are proud of is the American Dream: starting from scratch, moving forward with wisdom and effort, and finally to success. Nowadays, such classic stories happen to Chinese people again and again. When Jack Ma went public on the New York Stock Exchange in 2014, he enjoyed the highest courtesy. Jack Ma should be the first Chinese to congratulate Trump after Trump was elected president in 2016. He immediately promised to create 1 million jobs in the United States, making Trump smile from ear to ear. Wang Jianlin, Wanda's chairman, spent $2.6 billion in 2012 to acquire AMC, a US theater chain, and Legendary Entertainment, a film and television production company, while Spotlight, released by Wanda Pictures' AMC, won an Oscar in 2016.

However, it became the last glorious moment for Chinese business leaders in the United States. Why did Americans say no to Zhang Yiming when he also promised jobs to the United States?

Global editorial: Trump works harder against TikTok than COVID-19

Early in the morning of Aug. 2, local time, Trump forwarded a tweet that the Australian state of Victoria was in a "state of disaster", claiming that the "Chinese virus" was breaking out around the world, "including countries that are considered to be doing a good job." Not only that, he also blamed "fake news media for not covering it" and said that "the United States will be stronger than ever before."

Soon, netizens left messages on his Twitter, retorting mercilessly.

Trump works harder against TikTok than with COVID-19. "

Due to Trump's fault and incompetence: more than 153000 people have died, more than 4.6 million have been infected with COVID-19, and more than 30 million Americans have lost their jobs. And he is still comforting himself, which is unbelievable. "