In an All-Hands meeting of Facebook, its CEO Mark Zuckerberg was asked about the situation surrounding TikTok, an App by ByteDance.
The CEO of the social media giant expressed concern over the ban of its competitor, “I just think it’s a really bad long-term precedent, and that it needs to be handled with the utmost care and gravity whatever the solution is,” Mr Zuckerberg said, “it could very well have long-term consequences in other countries around the world.”
The discussion progressed further and Mr Zuckerberg was asked if Facebook had plans of acquiring or taking over TikTok, as Facebook has done previously with other competitors like Instagram and WhatsApp. The CEO said that he wouldn’t discuss the company’s Mergers and Acquisition strategy in an all-employee meeting.
The ban by the U.S. Government on TikTok stated that there are credible threats to U.S.A’s National Security because of the Chinese app. On this Mr Zuckerberg said, “I certainly think that there are valid national security questions about having an app that has a lot of people’s data that follows the rules of another country, a government that is increasingly is kind of seen as a competitor.”
The Facebook CEO has expressed these views on multiple occasions.
