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The former chief executive and co-founder of tech giant Microsoft weighed in on the Trump administration’s push for a US company to buy Chinese-owned video-sharing social networking app Tik Tok.
Microsoft’s proposal to buy popular video-sharing app TikTok is a “pot of potions,”; according to the company’s co-founder Bill Gates in an interview with WIRED published Friday.
Gates, who now works as a technology consultant to Microsoft after resigning as CEO in 2014, warned that “becoming a big man in the social media business is not a simple game” But adding that making the industry more competitive is “probably a good thing”.
“I mean, this sounds self-serving, but I think the more competitive game is probably a good thing. But for Trump to kill the sole opponent, that’s pretty weird,” he said.
The billionaire described the order US President Donald Trump gave to China-owned TikTok to sell apps to a US company as “bizarre”, especially a request to cut any deal. with the federal government.
Gates added: “I agree that the principle where this is going is weird. What was cut, that’s weird. Anyway, Microsoft will have to deal with all of that.”
In July, the Trump administration said it was looking to ban the TikTok app. That same month, the New York Times reported that Microsoft was involved in negotiations about the purchase of TikTok.
Microsoft has officially confirmed its plans to acquire Tiktok’s operations in Australia, Canada, the US, Australia and New Zealand, with discussions to be completed on September 15.
President Trump issued an executive order on Thursday that TikTok’s parent company ByteDance banned “any transaction of any person or against any property, subject to the jurisdiction of The United States “started 45 days after the text was signed.
The President stated that the application could “give the Communist Party of China access to American personal and exclusive information”.
Although China has firmly denied that Chinese software used abroad is used for espionage, the TikTok controversy comes as part of placing more restrictions on companies. Chinese technology.
On December 1, 2018, Huawei’s CFO, Meng Wanzhou, was detained in Canada under an extradition request from Washington for claiming that the Chinese tech giant violated US sanctions. when selling products to Iran.