Bill Gates says U.S. data from TikTok safe with Microsoft

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Microsoft Corp. co-founder Bill Gates said the software giant, which is in talks to acquire the U.S. business of Chinese-owned video app TikTok, is careful about promises to keep data safe and wouldn't do anything viewed as "hostile" as it navigates U.S. and Chinese concerns. 

 

In an interview with Bloomberg Television on Tuesday, Gates said that the acquisition of TikTok was very special and involved many issues of principle. He said Microsoft has made a lot of investments in China. They recruit engineers from all over the world, including China. 

 

He added that Microsoft also attaches great importance to TikTok's data security and is also actively establishing cooperation with all over the world and will not make "hostile" moves. 

 

When he was asked whether it was reasonable for the Trump administration to force TikTok to close or sell its business just because it is a Chinese company, Gates did not give a clear response to this question, but replied that he had not seen the relevant reports and does not know what happened when Trump made the decision. 

 

Gates also affirmed TikTok's ability to innovate, saying TikTok has done a "great job on it ... and hopefully that's allowed to continue in some form."

 

After negotiating with the White House, Microsoft announced on Sunday that it would continue to negotiate the acquisition of TikTok's business and expand the scope of the acquisition to TikTok's business in the United States, Canada, Australia and New Zealand. Microsoft expects the negotiations to be completed by September 15.

 

Earlier, U.S. President Trump requested that no matter who TikTok sells to, they must pay a sum of money to the U.S. Treasury, with the intention of "drawing money" from this strong buying and selling. But White House officials have yet to give a basis for this approach. Some legal experts warned that Trump's move may face challenges from U.S. law.

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TikTok Sale Will Allow US To Monitor, Control Data At Home But Profitability Uncertain - Techsperts

Sourabh Gupta, senior policy specialist on Asia-Pacific international relations for the Institute for China-American Studies, Fernando Bruccoleri, a tech entrepreneur from Uruguay and Jeffrey J Blatt, X-Ventures founder and Silicon Valley tech lawyer explained the potential challenges and results of a future TikTok acquisition by Microsoft.