Microsoft CEO Satya Nadella has a conversation with President Trump this weekend regarding the goal of an acquisition of Tik Tok from the China-based ByteDance company.
As a part of the deal, Microsoft would insure any data that is in China would be transferred to the U.S..
You can read the full blog post about the possible acquisition of Tik Tok from Microsoft here. https://blogs.microsoft.com/blog/2020/08/02/microsoft-to-continue-discussions-on-potential-tiktok-purchase-in-the-united-states/
Tik Tok says they currently have over 1,500 employees in the United States alone.