Former Activision CEO Bobby Kotick has reportedly expressed interest in buying China’s TikTok amid talk of banning the app in the United States, given that its parent company is the Chinese tech giant ByteDance, which is beholden to the Chinese Communist regime.
SUN VALLEY, IDAHO – JULY 11: CEO of Activision Bobby Kotick arrives at the Sun Valley Lodge for the Allen & Company Sun Valley Conference on July 11, 2023 in Sun Valley, Idaho. Every July, some of the world’s most wealthy and powerful businesspeople from the media, finance, technology and political spheres converge at the Sun Valley Resort for the exclusive weeklong conference.
The legislation noted that “applications like TikTok that are controlled by foreign adversaries pose an unacceptable risk to US national security.”