Bobby Kotikex-boss Activision Blizzard is reportedly considering a purchase ICT Tok, as the app may be banned in the United States. The Wall Street Journal reports that Kotick was in talks ByteDancethe company that owns TikTok, about purchasing the app that could cost hundreds of billions of dollars.
This comes after U.S. lawmakers introduced a recent bill that would force ByteDance to sell TikTok within six months or prevent it from being available in U.S. app stores. President Joe Biden has said he would approve the bill if it passes Congress.
The Wall Street Journal report states that Kotick, chief OpenAI, Sam Altmanlast week we talked about teaming up to buy TikTok.
Kotick’s interest in TikTok comes after a rocky end to his 30-year executive career at Activision Blizzard, which Microsoft acquired last year. The company was threatened with a lawsuit alleging that it permitted sexual harassment and discrimination under Kotick’s leadership. The Wall Street Journal also found that Kotick knew about the bad behavior and did not tell the board everything. Kotick was accused of harassment, but Activision Blizzard said the report was “misleading.”
Lawmakers are concerned about data privacy and TikTok’s ties to China. US President Biden, whose administration has already banned the app on state devices, has expressed his support for banning the app in the US. However, former President Donald Trump, who once wanted to ban TikTok, changed his mind, saying a ban would support TikTok rivals like Facebook and YouTube.
As the anti-TikTok bill gains support, the app has asked American users to speak out on the issue by sending messages asking them to contact their representatives. The bill, which passed out of committee last week, is expected to be approved during a vote in the House on Wednesday. If it passes, it will then go to the Senate, and then the bill will be signed by the President of the United States. Apparently, the former head of Activision wants to buy TikTok
This comes after U.S. lawmakers introduced a recent bill that would force ByteDance to sell TikTok within six months or prevent it from being available in U.S. app stores. President Joe Biden has said he would approve the bill if it passes Congress.
The Wall Street Journal report states that Kotick, chief OpenAI, Sam Altmanlast week we talked about teaming up to buy TikTok.
Kotick’s interest in TikTok comes after a rocky end to his 30-year executive career at Activision Blizzard, which Microsoft acquired last year. The company was threatened with a lawsuit alleging that it permitted sexual harassment and discrimination under Kotick’s leadership. The Wall Street Journal also found that Kotick knew about the bad behavior and did not tell the board everything. Kotick was accused of harassment, but Activision Blizzard said the report was “misleading.”
Lawmakers are concerned about data privacy and TikTok’s ties to China. US President Biden, whose administration has already banned the app on state devices, has expressed his support for banning the app in the US. However, former President Donald Trump, who once wanted to ban TikTok, changed his mind, saying a ban would support TikTok rivals like Facebook and YouTube.
As the anti-TikTok bill gains support, the app has asked American users to speak out on the issue by sending messages asking them to contact their representatives. The bill, which passed out of committee last week, is expected to be approved during a vote in the House on Wednesday. If it passes, it will then go to the Senate, and then the bill will be signed by the President of the United States. Apparently, the former head of Activision wants to buy TikTok
