Microsoft CEO Says Failed TikTok Deal "Strangest Thing" He's Worked On
NDTV
TikTok had been ordered by then-US President Donald Trump to separate its US version from Chinese parent ByteDance because of national security concerns.
Microsoft Corp's near-acquisition of social media app TikTok last year was the "strangest thing I've ever worked on," Chief Executive Officer Satya Nadella said on Monday.
TikTok had been ordered by then-U.S. President Donald Trump to separate its U.S. version from Chinese parent ByteDance because of national security concerns about the collection of U.S. users' data. Microsoft in August 2020 began talks on the proposed acquisition but the deal collapsed by September.
Trump's divestment push ended by the time he left office in January and no potential suitor ending up acquiring TikTok.
Speaking at the Code Conference in Beverly Hills, California, Nadella said he was looking forward to bringing Microsoft's security, child safety and cloud expertise to TikTok.
