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RE: LeoThread 2025-01-15 13:38

in LeoFinance9 months ago

Part 5/8:

Shifting gears to technology, multiple US outlets have reported that Chinese officials are contemplating a potential acquisition of TikTok's US operations by Elon Musk. This consideration comes as the application, owned by ByteDance, faces a possible ban in the United States over national security concerns.

While TikTok publicly dismisses these reports as “pure fiction,” the situation underscores the rising tensions between the app and US lawmakers. The discussions hint at a more strategic acquisition that could allow TikTok to navigate the challenging political landscape. However, significant regulatory hurdles remain, particularly concerning the sale of proprietary software algorithms, asserting Beijing's influence over any transaction.