Explorer

Is Microsoft Planning To Takeover US Operations Of TikTok? Tech Giant In Talks With China’s Bytedance

The tech giant Microsoft is in talks with Tik Tok's parent company Byte Dance for the acquisition of US operations. This comes soon after Trump administration announced that they are planning a ban on the App.

New Delhi: Microsoft is in talks with the Chinese tech firm Bytedance to acquire the US operations of its video sharing app TikTok. According to a report by the Wall Street Journal, the tech giant which is being led by Satya Nadella is in advanced talks with TikTok for a deal that could be worth billions of dollars. "A deal could be completed by Monday, according to people familiar with the matter, and the talks involve representatives from Microsoft, Bytedance and the White House. Talks are fluid, and a deal may not come together," said the Wall Street Journal reported. ALSO READ| Unlock 3: 'Hotels & Weekly Markets To Remain Closed In Delhi'; L-G Rejects AAP Government's Decision The step is being taken even when the US President has announced plans to ban TikTok in the US due to fears of surveillance by China using the App. The step is being taken even when the US President has announced plans to ban TikTok in the US due to fears of surveillance by China using the App. Earlier this month, US Secretary of State Mike Pompeo had also indicated that the US may ban the app. "We're looking at TikTok. We may be banning TikTok," Trump told reporters at the White House. India has banned as many as 106 Chinese apps, including TikTok, a move welcomed by both the administration and the lawmakers. We may be doing some other things. There are a couple of options. But a lot of things are happening, so we'll see what happens. But we are looking at a lot alternatives with respect to TikTok," said Trump during a press conference in a report by PTI. Other US leaders have also shown disapproval for the app and said that it posses a threat to personal privacy. ALSO READ | Amid Possibility Of Getting Banned PUBG Mobile Decides To Host Data Of Indian Users In India Only; Know More "In its current form, TikTok represents a potential threat to personal privacy and our national security. I applaud the Trump Administration for taking this critical step, but we must do more than simply remove ByteDance from the equation. "Moving forward, we must establish a framework of standards that must be met before a high-risk, foreign-based app is allowed to operate on American telecommunications networks and devices," Rubio said, adding he is preparing legislation to do just that," said Senator Marco Rubio in the report. Senators Josh Hawley and Richard Blumenthal sent a letter to Assistant Attorney General John C. Demers calling for the Department of Justice to open an investigation into Zoom and TikTok. They have alleged that the app violates American Civil Liberties. "As tens of millions of Americans turn to Zoom and TikTok during the COVID-19 pandemic, few know that the privacy of their data and their freedom of expression is under threat due to the relationship of these companies to the Chinese government," wrote the Senators.
View More
Advertisement
Advertisement
25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Advertisement

Top Headlines

'TMC Will Settle Bangladeshi Infiltrators & Congress Will Grab Your Property': PM Modi Slams Oppn At Bengal Rally
'TMC Will Settle Bangladeshi Infiltrators, Cong Will Grab Your Property': PM Modi Slams Oppn
Sunita Kejriwal To Enter AAP's LS Poll Campaign From Tomorrow, Will Protest Against Delhi CM's Arrest: Atishi
Sunita Kejriwal To Enter AAP's LS Poll Campaign From Tomorrow, Will Protest Against Delhi CM's Arrest: Atishi
'Yes, If He Wants To Join BJP...': Himanta Says PM Modi Has No Reason To Meet Kharge Otherwise
'Yes, If He Wants To Join BJP...': Himanta Says PM Modi Has No Reason To Meet Kharge Otherwise
'Will This Country Now Run On Sharia': Amit Shah Asks Rahul Gandhi Amid 'Muslims First...' Controversy
'Will This Country Now Run On Sharia': Amit Shah Asks Rahul Gandhi Amid 'Muslims First...' Controversy
Advertisement
for smartphones
and tablets

Videos

Second Phase Voting: Polling Continues In Rajasthan Ahead Of Scorching Heat, Watch Report | ABP NewsSecond Phase Voting: These are the special election issues of the youth of Amravati | ABP NewsLok Sabha Elections: Mamata Banerjee seen dancing in the election campaign | ABP NewsLok Sabha Election: Political Equation of each seat amongst the 88, Watch full video | ABP News

Photogallery

Embed widget