China Moves To Block Microsoft’s Acquisition Of TikTok

The most populated country in the world - China has unique history, tradition, culture, architecture and lifestyle. One of the most powerful countries in the world is famous for its' Forbidden city and Tienanmen.
SHARE
THIS



The potential sale of TikTok to Microsoft might not be so simple, with the Chinese government already threatening to block the acquisition.

China Daily, a state-controlled media outlet in Beijing, said: “China will by no means accept the ‘theft’ of a Chinese technology company, and it has plenty of ways to respond if the administration carries out its planned smash and grab”, in an editorial on Tuesday.

The editorial also claimed that the US had previously threatened to ban TikTok “with the aim of getting what the US administration wants” and accused the Trump administration of “bullying” Chinese tech companies.

While countries like the US, India and even Australia having been highly-critical of TikTok’s relationship with the Chinese government, it seems Chinese users of the app are unhappy with the willingness to give in to President Trump’s demands.

Chinese social media users have been threatening to uninstall ByteDance’s Chinese version of TikTok, named Douyin, since Microsoft made its announcement.

The concerns coming out of China will no doubt be heightened in the coming days, with President Donald Trump having told the press the government wants a “very big” cut of the deal.

“We have all the cards, without us you can’t come into the United States,” Trump said.

“If they make a deal for TikTok, whether it’s the 30 per cent in the United States or the whole company, I say, ‘it’s ok, but if you do that, we’re really making it possible because we’re letting you operate here.”

ByteDance (the company that owns TikTok) founder Zhang Yiming has since been forced to defend the app’s potential sale to the company’s Chinese employees.

“I actually understand (the criticism),” Zhang said in the letter, according to Reuters.

“People have high expectations of a company founded by a Chinese person which is going global but have little information about it. With lots of grievances towards the U.S. government, they tend to lash out at us with harsh criticism.”

In Australia, Federal MPS have reportedly told the Sydney Morning Herald that the sale of TikTok to Microsoft would alleviate the current security concerns around the app.

The government is currently investigating TikTok and how it shares user data as part of two seperate inquiries into foreign interference.

 

Please login with linkedin to comment

China TikTok Trump

Latest News

Dairy Australia Launches Latest “Buy. Support. Enjoy Aussie Dairy” Via Elmwood
  • Campaigns

Dairy Australia Launches Latest “Buy. Support. Enjoy Aussie Dairy” Via Elmwood

The latest instalment of Dairy Australia’s “Buy. Support. Enjoy Aussie Dairy,” campaign has launched via elmwood. The ad aims to highlight the health benefits of getting your daily dose of dairy while also supporting local farmers and communities. The new Enjoy phase of the Dairy Australia campaign follows on from the initial scene-setting campaign, (around […]

Retired Marketing Man Andrew Piccoli Speaks About His Children’s Book ‘Dexter The Dahu’
  • Marketing

Retired Marketing Man Andrew Piccoli Speaks About His Children’s Book ‘Dexter The Dahu’

Andrew Piccoli spent his career overseeing some of Australia’s most memorable ad campaigns. Now, he has turned his attention to a particular area of passion: children’s literature. Now retired, Piccoli spent the COVID-19 lockdown writing the story of Dexter the Dahu for children aged between five and nine. He has donated a copy of the charming […]

A Clearer Lens: Restoring Trust In Out Of Home Measurement
  • Opinion

A Clearer Lens: Restoring Trust In Out Of Home Measurement

Outdated and modelled legacy measurement metrics being used by OOH companies have hindered confidence in the channel. Robin Arnold [pictured], Chief Technology Officer for LENS Technology & Analytics explores the few hero systems emerging to bring trust back to the channel. What do marketers really want? It’s a hard, nuanced question that has many answers. […]

Opinion

by B&T Magazine

B&T Magazine