"Steven Mnuchin Assembles Investor Group to Acquire TikTok Amid U.S.-China Tensions"
TL;DR Summary
Former US treasury secretary Steven Mnuchin is assembling an investor group to purchase TikTok, following the US House of Representatives passing a bill giving the app's Chinese owner, ByteDance, about six months to divest its US assets or face a ban. Mnuchin expressed support for the legislation and the sale of TikTok, calling it a "great business," while TikTok's CEO stated the company will use legal means to prevent a ban.
- Steven Mnuchin putting together investor group to buy TikTok The Guardian US
- Former Treasury Secretary Steven Mnuchin is interested in buying TikTok CNN
- The U.S. wants ByteDance to sell TikTok. China is almost certainly going to refuse CNBC
- House passes TikTok ban bill, but its Senate path unclear The Associated Press
- Steven Mnuchin Says He Is Putting Together a Group to Buy TikTok The Wall Street Journal
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
0 min
vs 1 min read
Condensed
45%
130 → 71 words
Want the full story? Read the original article
Read on The Guardian US