The world’s biggest software maker, Microsoft, is reportedly in talks with ByteDance, the Chinese owners of the world's fastest growing social media app, TikTok, over a possible acquisition of its US operation.
The offer by Microsoft seems to be an escalation of President Trump’s recent attacks on TikTok and other Chinese tech startups, Bloomberg reported.
President Trump, in June, had raised security concerns about TikTok’s entry into the world’s largest economy.
A TikTok acquisition could make the software maker a major provider of enterprise software, more focused on consumer technology, which Microsoft has exited from in the past few years in business segments such as e-book markets, phone hardware, and fitness hardware.
It will be interesting to see how this affects Tik Tok's use and functionality in the US, and the rest of the world, especially across Africa.
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