Microsoft co-founder Bill Gates has described the company’s potential TikTok deal as a poisoned holy grail,media reported. In an interview with Wired, Gates made it clear that Microsoft’s acquisition of part of TikTok would not be easy or easy. “Who knows what’s going to happen with this deal,” Gates said. But really, it’s a poisonous holy grail. He also noted that being a big player in the social media business “is not an easy game” because Microsoft will have to deal with a whole new level of content.
Asked if He was concerned about Microsoft’s entry into the social media game, he said it might be “good” to have Facebook face more competition, but “it’s strange to let Trump kill the only competitor.” “
Gates, like others, seems to be confused about how the potential TikTok deal will proceed, especially if President Trump has suggested that the U.S. Treasury will need to cut some form of funding from any acquisition. “I agree with the principles of this action that are very strange,” Gates said. That cut thing, more strange. In any case, Microsoft will have to deal with all this. “
Mr Gates’ comments came just days after Microsoft confirmed it was seeking to acquire TikTok’s operations in the US, Australia, Canada and New Zealand. Reports have also suggested that Microsoft may be considering buying all of TikTok’s global operations. The Financial Times suggests that negotiations over the deal are in the “preliminary” stage.
President Trump also said last week that he would ban TikTok in the United States one day, and then set a September 15 deadline for Microsoft to complete its potential acquisition, thus avoiding TikTok’s ban.
It’s a complicated deal that would give Microsoft a huge place in social networking, but could also be part of a larger trade war between the U.S. and China. Mr Gates is clearly cautious about the acquisition, and it is about a month away to see if it will become a reality.