Microsoft said Sunday it was continuing talks with the Chinese-owned video-sharing app TikTok to buy its U.S. operations after a meeting with President Donald Trump.
"After a conversation between Microsoft CEO Satya Nadella and President Donald J Trump, Microsoft is ready to continue discussions to explore the purchase of TikTok in the United States," the company said in a statement.
Trump threatened to ban the wildly popular app in the United States, citing national security concerns, and Secretary of State Mike Pompeo said Sunday that the president would announce strong action against TikTok.
"President Trump has said 'enough' and we are going to fix it," Pompeo told Fox News.
"And then it will take action in the coming days regarding a wide range of national security risks posed by software connected to the Chinese Communist Party," he added.
Previous media reports suggested that Trump would demand that the app's U.S. operations shed its Chinese owner ByteDance.
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