Summary
China is reportedly considering a plan for Elon Musk to acquire TikTok’s U.S. operations to avoid a potential ban, according to Bloomberg.
The move would satisfy a U.S. law requiring ByteDance to divest TikTok by Jan. 19 due to national security concerns.
If not resolved, U.S. service providers supporting TikTok could face penalties.
The plan, still preliminary, would have Musk oversee TikTok U.S. alongside X.
ByteDance’s awareness of the plan is unclear.
Turns out, there is a state worse than “dead”.
I give it 12 hours before Trump magically starts supporting the tiktok ban that he’s been so against for the past year or so. And he’ll say he’s always been for banning it and how banning it supports Only True American Media. Etc etc etc.
Bytedance/TT put out a statement that this is BS
It’s standard procedure to deny that a sale is happening untill the moment of no return because public reactions to the sale can impact negotiations. Rumors like the are denied no matter what, even if they’re true.
So we can’t believe them, but we also can’t say for sure their lying. Basically we just have to wait and see.
Bloomburg also has some of the worst tech reporting in the business
And Tiktokers are moving to RedNote lmao. It hit number one download on Apple I think recently.
Removed by mod
Tiktok says “lol, no.”
Well, on the upside TikTok wouldn’t be used by the CCP for spying and propaganda. On the downside it would be used by Musk for spying and propaganda. I’d rather just see it banned.
lmao I just can’t take this seriously anymore. I don’t care.
And if you thought he was bad before. Just you wait.
It’s time to switch to Loops.
Make him pay $300 billion for it.
