Software
Microsoft might want to cover the whole world in its TikTok deal
Microsoft's president, Trump, has fueled negotiations to acquire TikTok, and conflicting information continues to leak out.
The Financial Times reported on Thursday that Microsoft wants to buy everything from TikTok, not only the portion that operates in the United States and some others. How serious this increased interest is, however, is unclear. The discussions were described as "preliminary," and Business Insider said the report was "completely false." None of these reports did, however, mention people who are willing to discuss the deal on the record to add to the confusion as to how it might be done. Microsoft refused to comment on this.
Microsoft said last Sunday it was concluding an agreement to purchase the presence of TikTok in the US, Australia , Canada and in New Zealand. This is a complicated takeover which could lead to a split version of the app and operations of TikTok which would shake the investment for Microsoft. Purchasing the worldwide operations of TikTok — which would not include Douyin's FT reports, the version of the app used in China by ByteDanc, would give Microsoft a significantly stronger position to support TikTok.
The deal is obviously at its beginning. Trump said he was just a day away from prohibiting TikTok last Friday.
Later he stipulated a 15 September deadline and said that if sold to an American company he would not ban the app.
In addition, Microsoft wants to add a one-year schedule for separating an application from ByteDance and addressing any security concerns from U.S. government, FT reports, to TikTok 's Global Operations – which include India, Europe and all other countries in which an application is launched. Splitting off the app from ByteDance could take much longer, although it could take up to eight years with one person saying FT.
