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Former CEO of Activision Blizzard ready to acquire TikTok?

Former CEO of Activision Blizzard ready to acquire TikTok?

According to what is reported on the gigazine.net website, Bobby Kotick (former CEO of Activision Blizzard) would have shown some interest in the potential purchase of TikTok, thanks also to the support of some partners. Among them, it would also figure Sam Altmancurrent CEO of OpenAI.

The Chinese social network has long been a source of concern for the US government due to its ties to the Asian country’s government. In this regard, in the United States, less than a week ago a special was announced bill which is aimed specifically at TikTok, with very strict rules to protect the national security.

In fact, this law would have the clear intention of pushing ByteDance (company that owns the social network) to sell the platform. Otherwise, TikTok will be banned on American soil. It is precisely in this context that Bobby Kotick appears to have “smelled the deal”.

TikTok for sale? The American government is pushing to wrest the platform from the hands of the Chinese

The sixty-one year old, fresh out of retirement from Activision Blizzard, seems intent on making the most of his severance pay approximately 15 million dollarsengaging her in a consortium ready to take over the social network.

As expected, however, the cost of TikTok is estimated to be in the hundreds billions of dollars: an unattainable figure for Kotick. Precisely in this sense, he seems to be only a “driving” figure, with the involvement of the aforementioned Altman and others influential people in the industry.

Although the platform can be considered an important asset, a possible purchase also involves some thorny situations related to this brand. For example, in recent months the dispute with A G regarding music rights.

All this is accompanied by heavy accusations from theUE to TikTok, with the social network not considered capable of filtering content to protect younger users.

Source: gigazine.net

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