wordpress blog stats
Connect with us

Hi, what are you looking for?

,

Microsoft-TikTok: On Global ambitions, Geopolitics, IPO plans, Big Tech and the splinternet

microsoft tiktok

It's official: Microsoft is in talks to buy the TikTok business from ByteDance in four countries: the United States, Canada, Australia and New Zealand. This comes a day after US President Donald Trump told reporters on-board Air Force One that "As far as TikTok is concerned, we’re banning them from the United States". President Trump was not in favor of a US company buying Tiktok, but and was considering an executive order to ban it. However, as per Microsoft's statement (reproduced in full below), its CEO Satya Nadella has had a conversation with President Trump, and Microsoft is saying that this acquisition will be subject to a security review, and the company will continue to have a dialogue with the United States Government, including with the President. A reminder: TikTok had announced a $200 million fund for US creators earlier this month. Things are coming to a head for TikTok, a global social media major, that is reportedly valued at between $20 to $50 billion, and it reportedly is also in talks with another large major, and venture investors, according to Bloomberg. A few points to consider 1. A death blow to TikTok's global ambitions: The last few months have been hell for TikTok, and the complete dismantling of its global ambitions. It has been banned in its largest market - India - which is the largest user market in the world outside of China. Now it faces the threat of being banned in the largest advertising revenue market in…

Please subscribe/login to read the full story.
Written By

Founder @ MediaNama. TED Fellow. Asia21 Fellow @ Asia Society. Co-founder SaveTheInternet.in and Internet Freedom Foundation. Advisory board @ CyberBRICS

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

Studying the 'community' supporting the late Sushant Singh Rajput (SSR) shows how Twitter was gamed through organized engagement

News

Do we have an enabling system for the National Data Governance Framework Policy (NDGFP) aiming to create a repository of non-personal data?

News

A viewpoint on why the regulation of cryptocurrencies and crypto exchnages under 2019's E-Commerce Rules puts it in a 'grey area'

News

India's IT Rules mandate a GAC to address user 'grievances' , but is re-instatement of content removed by a platform a power it should...

News

There is a need for reconceptualizing personal, non-personal data and the concept of privacy itself for regulators to effectively protect data

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ