Guwahati: Google Chief Executive Officer Sundar Pichai has confirmed that there are no plans from the company to acquire TikTok.
During an interview, Pichai in podcast show 'Pivot Schooled', said "we are not buying" after being asked whether Google was going to buy the popular video app.
TikTok pays for Google's cloud services, Pichai declared in the podcast interview.
"TikTok is one of the tech businesses flourishing during the pandemic that is not facing antitrust scrutiny, unlike Google," Pichai further added.
After US President Donald Trump threatened to ban the app and ordered its Chinese owner, ByteDance Ltd, to sell the US part of the business, Microsoft Corp. and other US technology companies are working out TikTok bids.
According to a report, Google parent Alphabet Inc. considered joining a group bid as a minority investor, but the plan reportedly failed.
It is to be mentioned that TikTok and one of its employees separately sued U.S. President Donald Trump's administration over his executive order banning transactions in the United States with the popular short-form video-sharing app, calling it a pretext to fuel anti-China rhetoric as he seeks re-election.
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