TikTok Part 6: The Showdown
Foundering
00:00
Microsoft Trying to Buy TikTok and It Didn't Happen
Kurt Schulte: TikTok had come up with some crafty corporate restructuring, where they would spin off a new company called TikTok Global. He says it didn't address the fact that TikTok is still a majority owned by a Chinese company. Trump said he wanted this to be 100% owned by a US company and for it to be completely spun off, away from China,. But apparently Oracle was able to convince Trump.
Transcript
Play full episode
