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Failed TikTok Deal Was “Strangest Thing” He’s Worked On – The Hollywood Reporter

Microsoft CEO Satya Nadella has combined emotions about his firm’s failed bid to amass TikTok final 12 months.

“It’s the strangest factor I’ve ever labored on,” Nadella informed Kara Swisher at Vox Media’s Code Convention on Monday, including with fun, “I discovered a lot, Okayara, about so many issues and so many individuals.”

Final 12 months, as TikTok confronted a possible ban from the U.S. beneath the Trump administration, Microsoft emerged as a possible purchaser to amass the social media platform’s U.S. operations. The potential deal ultimately fell by means of final September after TikTok’s mum or dad firm, ByteDance, chosen Oracle over Microsoft as its U.S. companion.

A TikTok sale has since stalled beneath the Biden administration, and it’s not instantly clear whether or not the take care of Oracle will finally undergo. Final June, the Biden administration additionally formally revoked Trump’s government order concentrating on TikTok and mentioned it might be implementing its personal course of to research the app.

Whereas Nadella didn’t go into the specifics of his talks with TikTok, he famous that TikTok had approached Microsoft concerning the acquisition, not the opposite approach round, and acknowledged that the video-sharing platform was “caught in between plenty of points.”

As for whether or not he’d nonetheless wish to purchase TikTok immediately? “At this level, I’m pleased with what I’ve,” Nadella mentioned.

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