Bill Gates calls potential Microsoft-TikTok deal 'poison chalice'

Last calendar week, word broke that Microsoft was in talks to acquire TikTok amid threats of its ban in the U.S. because of its Chinese ownership. The story has evolved considerably since then, with President Trump near recently issuing an executive club that would effectively ban the app in 45 days. Now, former Microsoft CEO Neb Gates has briefly chimed in on the deal in an interview with Wired.

Every bit part of a larger interview about pandemic testing in the U.S., Gates was asked about his thoughts on the TikTok bargain. "Who knows what'due south going to happen with that bargain," Gates said. "Only aye, information technology's a toxicant chalice. Being big in the social media concern is no simple game, like the encryption issue."

"I mean, this may sound cocky-serving, but I remember that the game existence more competitive is probably a good thing," Gates said in response to a question about whether he was "wary" of Microsoft getting into the social media game. "But having Trump kill off the only competitor, it's pretty bizarre."

Going further, Gates said that the way the potential deal is playing out is "strange," merely the Trump assistants'due south request for a cut of whatsoever deal is "doubly foreign." Ultimately, Gates says, "Microsoft volition take to deal with all of that."

Following word well-nigh Microsoft's interest in TikTok last week, talks were said to be on concord contingent on how the Trump administration would approach its rumored ban. On Sun, Microsoft confirmed it was indeed in talks with TikTok, and that they had resumed later discussions with the Trump assistants. On Tuesday, President Trump signaled that he would be okay with Microsoft purchasing TikTok as long as the bargain is done past September 15.

Every bit of Baronial vi, reporting indicates that Microsoft is interested in buying all of TikTok's global business. Prior to this, it was thought that just the U.S., Canada, Australia, and New Zealand markets were beingness considered.

In response to the ongoing efforts by the Trump administration, Chinese state media called the moves a "smash and catch" and vowed retaliation is the U.S. carries out its "theft" of a Chinese company. After the Trump administration issued an executive order that could ban TikTok in the U.Due south. should a deal not be reached, TikTok slammed the executive order, stating that it was "issued without whatsoever due process."

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Source: https://www.windowscentral.com/bill-gates-calls-potential-microsoft-tiktok-deal-poison-chalice

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