"Former Treasury Secretary Mnuchin Assembles Investor Group to Buy TikTok Amid US Ban Concerns"

Former Treasury Secretary Steven Mnuchin is assembling a team of investors to make a bid to buy TikTok, expressing interest in acquiring the Chinese-owned social media giant despite potential challenges. Mnuchin aims to find a solution where the Chinese government will allow TikTok to be sold without a technology transfer, but faces opposition from China's measures to prevent the sale of sensitive technology. The House recently passed a measure to ban TikTok or force a sale to a US-operated owner, which now heads to the Senate, with President Joe Biden expressing willingness to sign it into law. However, tech analyst Dan Ives sees a 25% chance of the legislation becoming law, with potential buyers including tech giants like Microsoft or Oracle.