Facebook CEO Mark Zuckerberg told his employees on Thursday that banning TickTock in the United States would “set a truly long-term long-term precedent.”
Speaking at the social network’s all-hands meeting, the billionaire Facebook founder was asked to address takeover talks between Chinese company ByteDance and Microsoft-owned popular video app TikTok. President Donald Trump has threatened to ban the app from the United States unless an acceptable company bought it. Facebook employees wanted to find out if their social network was interested in acquiring the short-form video app Zuckerberg had previously identified as a competitor.
In his response, Zuckerberg said he never commented on the company’s mergers and acquisitions strategy during company-wide meetings, but did talk about Ticktock’s “extraordinary situation”.
“I think it’s a really long-term precedent, and it needs to be handled with great care and seriousness,” Zuckerberg said. “I am really worried … it can produce results in other countries around the world for a very long time.”
Any deal between ByteDance and Microsoft must end before 15, the date of the Trump administration’s proposed ban.
While Zuckerberg said that the banned Ticketok in India was now a hit in June, he called for the idea that the Facebook product could later become a target for another country. However, he expressed sympathy for the Trump administration’s national security concerns.
Zuckerberg said, “I certainly think there are valid national security questions about an app that has data from a lot of people who follow the rules of another country, a government that is increasingly a competitor. Appears in. ”
Following his comments on Facebook, the world’s most populous country has given up hope of bringing the world’s largest social network. While Zuckerberg spent years allowing President Xi Jinping and the Chinese government to expand inside the Great Firewall on Facebook, those efforts have stalled since Zuckerberg called his company an American success story to stop regulators Has given the target to cast for.
For the competition, Zuckerberg, who previously considered acquiring music. Tiktok’s predecessor, said the ban on the app would be only marginally beneficial. On Wednesday, Facebook-owned Instagram launched its TickTalk clone reels in the United States.
“Many people are out saying that it helps Facebook and my reaction to that is only in the narrowest sense,” he said. “Yes, they are a contestant this year, and this month, next month maybe our engagement will increase. Maybe this will only make the reels a little easier to roll. But you do not run the company for the next month or the next quarter. ”
Zuckerberg’s remarks conflicted with the company’s previous statements about Tickcock. In July 2019, during a House Judiciary Committee hearing, a Facebook representative stated that Tiktok was one of its main competitors.
During a hearing last month with members of the House Antitrust Subcommittee, which also included Amazon CEO Jeff Bezos, Apple CEO Tim Cook and Google CEO Sundar Pichai, Zuckerberg held Tiktok as one of the reasons why Facebook Did not have a monopoly on social networking.
“The most popular messaging service in the US is iMessage,” Zuckerberg said in his opening remarks. “The fastest growing app is TicketLock. The most popular app for video is YouTube. The fastest growing advertising platform is Amazon. The largest advertising platform is Google.”