Great. More politics. Microsoft is currently trying to purchase TikTok, the Internet sensation owned by China based ByteDance. Things have been slowly progressing on this matter, amid conflicting opinions.
All this, after US President Donald Trump threatened to ban the social network unless it comes under American ownership.
In other words, this is a high stakes controversy.
This approach has already stirred anger in China, and this mixed with the recent set of proposed changes to the services agreement Microsoft that will come into effect on October 1 has led some to believe that the software titan may be looking to say goodbye to the local market.
As in, Redmond will pack the bags if it fails to meet local requirement like complying with government orders and all that.
But in a statement for the South China Morning Post, Microsoft has explained that this is simply not the case. The change in terms and conditions has nothing to do with its possible departure from the country, as it remains fully committed here:
“Rumors circulated by some social media about Microsoft’s global update of its services agreement are not true. Our commitment to provide services to Chinese users remains firmly unchanged.”
Saying it straight.
That said, it is very likely that the takeover of TikTok might cause more problems for American companies in general and Microsoft in particular. China has made its displeasure known that it does not agree with the approach that the US is using to take over local owned companies.
More so, following the trade war that the two countries are embroiled in right now.
Guess we’ll just have to wait and see.