Post a Free Blog

Submit A Press Release

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Filter by Categories
Action
Animation
ATP Tour (ATP)
Auto Racing
Baseball
Basketball
Boxing
Breaking News
Business
Business
Business Newsletter
Call of Duty (CALLOFDUTY)
Canadian Football League (CFL)
Car
Celebrity
Champions Tour (CHAMP)
Comedy
CONCACAF
Counter Strike Global Offensive (CSGO)
Crime
Dark Comedy
Defense of the Ancients (DOTA)
Documentary and Foreign
Drama
eSports
European Tour (EPGA)
Fashion
FIFA
FIFA Women’s World Cup (WWC)
FIFA World Cup (FIFA)
Fighting
Football
Formula 1 (F1)
Fortnite
Golf
Health
Hockey
Horror
IndyCar Series (INDY)
International Friendly (FRIENDLY)
Kids & Family
League of Legends (LOL)
LPGA
Madden
Major League Baseball (MLB)
Mixed Martial Arts (MMA)
MLS
Movie and Music
Movie Trailers
Music
Mystery
NASCAR Cup Series (NAS)
National Basketball Association (NBA)
National Football League (NFL)
National Hockey League (NHL)
National Women's Soccer (NWSL)
NBA Development League (NBAGL)
NBA2K
NCAA Baseball (NCAABBL)
NCAA Basketball (NCAAB)
NCAA Football (NCAAF)
NCAA Hockey (NCAAH)
Olympic Mens (OLYHKYM)
Other
Other Sports
Overwatch
PGA
Politics
Premier League (PREM)
Romance
Sci-Fi
Science
Soccer
Sports
Sports
Technology
Tennis
Thriller
Truck Series (TRUCK)
True Crime
Ultimate Fighting Championship (UFC)
Uncategorized
US
Valorant
Western
Women’s National Basketball Association (WNBA)
Women’s NCAA Basketball (WNCAAB)
World
World Cup Qualifier (WORLDCUP)
WTA Tour (WTA)
Xfinity (XFT)
XFL
0
-- Advertisement --spot_img
HomeBusinessMicrosoft CEO Nadella said TikTok deal almost reached during Trump administration ‘strangest...

Microsoft CEO Nadella said TikTok deal almost reached during Trump administration ‘strangest thing’ he’s worked on

Add to Favorite
Added to Favorite



On Monday, Satya Nadella, CEO of Microsoft remarked that the “strangest thing” he’s ever worked on was the potential deal with TikTok to acquire its assets when Donald Trump tried to ban the app when he was president, declaring that the Chinese-owned short video app was a national threat. However, President Joe Biden did not continue with the ban.

Nadella discussed the entire incidents that took place in August 2020 at Vox Media’s Code Conference that was held on Monday, in Beverly Hills, California. He said that TikTok had approached Microsoft as it was in the midst of several issues “across two capitals” (DC and Beijing) and was looking for a partnership.

The Microsoft CEO said that TikTok was looking for a cloud provider with security services. So he said that he was “intrigued and called it a “great property.” However, Oracle was chosen as the provider for cloud servers for the app so Microsoft stop considering a deal in September 2020.

Nadella said that President Trump had a “particular point of view” on what he wanted to do and then the CEO said that he just dropped off, though he said that it was interesting. He said that there was a period of time when he felt that the US government had specific requirements but later they just disappeared.

Although he was noncommittal about buying the app in future, nonetheless he called it an “interesting product.” He also said that at his point he was “happy” with what he had.

His mixed feelings on a potential deal resurfaced earlier, when he mentioned that Microsoft had all the necessities to take over a cloud base including a cloud platform, engineers and technology for security. He said that the software and hardware company’s ability to ensure the safety of children on social media had appealed to ByteDance the parent company of TikTok. He said that Microsoft knew something about running social media through their Xbox Live and LinkedIn services.

 


Subscribe to get Latest News Updates

Latest News

You may like more
more

3M Upgraded to Strong Buy as Strategic Overhaul Signals Growth Potential

CFRA analysts upgraded 3M (NYSE:MMM) to Strong Buy from...

UnitedHealth Group Added to Analyst Favorites List at Raymond James Amid Attractive Valuation

Raymond James added UnitedHealth Group (NYSE:UNH) to its Analyst...

ACV Auctions Gains 2 percent as Needham Boosts Price Target to $28

ACV Auctions Inc. (NASDAQ:ACVA) shares rose more than 2%...