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TikTok's Chinese owner offers to forego stake to clinch U.S. deal
- Firebrand 6y ago> Under ByteDance's new proposal, Microsoft, which also owns professional social media network LinkedIn, will be in charge of protecting all of TikTok's U.S. user data, the sources said. The plan allows for a U.S. company other than Microsoft to take over TikTok in the United States, the sources added. Interesting. So Microsoft would (eventually) get cloud traffic and user data while the business gets managed by some sort of holding company?
- rogerkirkness 6y agoIt is almost strange how the whole "a local company connected to local intelligence will handle the user data for you" is basically the same thing in China. When it's China, it's spooky and totalitarian. When it's America...