The next six weeks will be very interesting, regarding the termination of the Tik Tok case, we know that this social network is growing by leaps and bounds, we know that the majority are very young users but more and more its challenge events attract more people, this is Tik Tok a Chinese social network where people seem to have unlimited fun, doing more than all the nonsense and challenge that only seek fun and entertainment, the company that owns Tik Tok is Bytedance a strongly linked company to the Chinese government.
Recently it was discovered that the Tik Tok application had a spy configuration, that is, it collected a lot of data from your smartphone without your consent, it collected data from other social networks, GPS, even bank data, what is most annoying about this discovery is that as soon as the researchers reviewed, the application stopped the search for data, that is, from the first moment that was the intention, to collect data fraudulently without the consent of the user, this was obviously not going to be the case, most western governments prohibited their officials using Tik Tok, giants like Amazon required their employees to delete the application, this reached another level when the Indian government banned the application across the country.
What will happen in the next six weeks?
The President of the United States gave Tik Tok time until September 15 to become the property of a North American company or it will be banned, but what would happen if it became the property of a British company?
Microsoft seems to be the most interested in buying Tik Tok, according to analysts, the application can cost 50 billion dollars, only Microsoft can make this expense, the other companies that can are Facebook, Amazon, Apple and Google. But we must remember that its CEOs have just been intervened by the North American Senate, which accuses them of having very powerful monopolies, that is why analysts speculate that the North American Senate would not oppose a purchase by the company of Bill Gates.
But what do the Chinese think of this? Is it worth sticking with Tik Tok without the US market?
Surely the Chinese do not see favorably that the president practically sits down to negotiate an aggressive purchase, many think that this is part of the punishment of Chinese companies for the COVID-19, the truth is that in Tik Tok the thing is not easy either , an Instagram application called Reels is coming, which is the response of Instagram to Tik Tok and we must remember that Tik Tok does not have a methodology to pay its content creators, which is causing problems, for all this I do not see a bad business sell Tik Tok to Microsoft, but the way to start these negotiations are very aggressive, six interesting weeks are coming, place your bets.
Thank's for read
I invite you to visit Project.hope
