Moving Tiktok’s ownership to Microsoft will benefit tech giants — not users

The Next Web Thursday, 6 August 2020 ()
Moving Tiktok’s ownership to Microsoft will benefit tech giants — not usersIn what seems to be a common occurrence, Chinese video-sharing app TikTok is once again in the headlines. After months of speculation about national security risks and users’ data being harvested by the Chinese Communist Party, US President Donald Trump has announced plans to ban TikTok in the United States any day now. In response, a deal is being negotiated between TikTok’s parent company ByteDance and US software giant Microsoft. If successful, Microsoft will take over the app’s operations in the US and potentially also in Canada, Australia, and New Zealand. A US ban would not be unprecedented. India barred…

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News video: Microsoft Looks to Acquire TikTok

Microsoft Looks to Acquire TikTok 03:12

Tech giant Microsoft is looking to acquire TikTok after President Trump threatened to ban the social media platform from the U.S.