Senator John Cornyn, a Texas Republican, said on Twitter that a divestment "and purchase by U.S. company is win-win."
Mnuchin said he and US congressional leaders "all agree there has to be a change."
Mnuchin said he has spoken to several top American lawmakers and all agree that 'there has to be a change'
Talks to buy the music video app will move quickly "in a matter of weeks" and are expected to be completed no later than Sept. 15, Microsoft said in a statement
Pompeo's remarks followed reports that Microsoft is in advanced talks to buy the US operations of TikTok
ByteDance's concession will test whether Trump's threat to ban the app is a negotiating tactic
Donald Trump said he could use emergency economic powers or an executive order to enforce the action
Microsoft is in exploratory deal talks as the US government prepares to force China-based ByteDance to divest its video app TikTok over data security concerns, says report
Trump's comments came after published reports suggested his administration was planning to order China's ByteDance to sell TikTok
Of the two venues, the company prefers Hong Kong, it says
Seeking re-election for his second consecutive term, Trump is pitted against Democratic presidential nominee Joe Biden
Apps said they're working for the development of the Indian economy and contributing to employment generation
ByteDance was valued at as much as $140 billion earlier this year when one of its shareholders
A total of 132 companies, including UltraTech Cement, Nestle India, and IDBI Bank, are scheduled to announce their results today
Clones or lite versions of 59 apps banned earlier, say sources
It is not that the concern is less with the tech giants of other countries, but then they are not government puppets
He also praised India's decision to ban 59 Chinese apps, including TikTok, which he said are "security risks" to the Indian people.
TikTok needs a new global HQ for its business outside China after security experts flagged its data sharing practices
After India banned 59 Chinese apps last month, at least three more China-based video apps - Snack Video, Likee Lite, and Zili - have now made it to the list of top 10 downloaded apps in India
The lockdown has also added to the traction that video and audio apps such as Chingari, Roposo, Khabri and Trell are seeing as people are looking at options to earn incentives from home