Former Treasury Secretary Mnuchin is putting together an investor group to buy TikTok
Publishing timestamp: 2024-03-14 09:54:12
Summary
Former Treasury Secretary Steven Mnuchin is putting together an investor group to try to buy TikTok as bipartisan legislation threatens its existence in the U.S. The bill would force ByteDance to divest TikTok or face a ban. Mnuchin believes TikTok should be owned by U.S. businesses, but it remains unclear if the Chinese government would permit ByteDance to sell to a U.S. buyer. Other interested buyers include former Activision Blizzard CEO Bobby Kotick.
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Keywords: foreign policy, weather, government and politics, oracle corp, social media, business news, donald trump, steven mnuchin, breaking news: technology, venture capital, business, national security, joe biden,