Microsoft talks to buy TikTok's U.S. operations spark ire in China

Aug 3, 2020 · A potential shotgun wedding to Microsoft Corp <MSFT.O> for TikTok's U.S. operations provoked an outcry on Monday on Chinese social media as well as criticism from a …

FAQs about Microsoft talks to buy TikTok's U.S. operations spark ire in China Coupon?

Should TikTok be sold to Microsoft?

There are all kinds of perspectives on a potential sale of TikTok from ByteDance to Microsoft. Some rational people think it’s a good idea: They don’t want the popular social video app with a huge presence in the US to be controlled by a Chinese company because Chinese companies are, in various ways, extensions of the Chinese government. ...

Does TikTok work in China?

But Microsoft has since also pursued a plan that would include all countries where TikTok operates. TikTok does not operate in China, and such a deal would not extend to its China-facing sister app Douyin. ...

Could Microsoft be TikTok's only hope?

Microsoft may be TikTok’s only hope. While other Big Tech firms might seem like a more natural fit to acquire TikTok — Facebook (FB), Google (GOOGL), Amazon (AMZN) and Apple (AAPL) are facing antitrust scrutiny that would likely get in the way of an acquisition. ...

Should TikTok be fully acquired by a non-China Company?

“The fears about TikTok are more likely to be answered if the company is fully acquired by a non-China-based entity than if ByteDance retains any ownership,” said Erik Gordon, a professor at the University of Michigan’s Ross School of Business. “If ByteDance is completely out, neither Treasury nor Cfius has anything to worry about.” ...

Is TikTok a greenfield opportunity for Microsoft?

He said that the high engagement TikTok had achieved with many of its younger users had eaten into their time playing games, making it a natural complementary service for Microsoft to explore. It was a potential greenfield opportunity for Microsoft as it looks to expand into new markets, added Youssef Squali, an analyst at SunTrust. ...

Why is Microsoft taking over TikTok & ByteDance?

Microsoft and TikTok declined to comment. Takeover interest comes amid rising scrutiny of TikTok and ByteDance’s data-sharing practices, which US President Donald Trump’s re-election campaign ads have implied amount to Chinese spying on American users. ...