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Tik Tok: Microsoft chief describes the acquisition of the Chinese application under pressure from Trump as the “strangest”

News Snapshot:

Microsoft CEO Satya Nadella described a proposed deal to acquire the Tik Tok application, under pressure from the White House under former US President Donald Trump, as “the strangest thing.” In August 2020, Trump threatened to ban TikTok, a Chinese video application affiliated with parent company ByteDance, which has already begun negotiations with Microsoft. The plan was to sell the app’s stake in the United States to a US company due to concerns described as a threat to national security. TikTok eventually chose the competing company, Oracle, even though this deal was never concluded. In an interview with Kara Swisher,…

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