China discusses sale of TikTok US to Musk as one possible option

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The story "China discusses sale of TikTok US to Musk as one possible option" was covered 1 days ago by The Star, a news publisher based in Malaysia.

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The Star 1d ago

China discusses sale of TikTok US to Musk as one possible option - The Star

Quick Summary:

CHINESE officials are evaluating a potential option that involves Elon Musk acquiring the US operations of TikTok if the company fails to fend off a controversial ban on the short-video app, according to people familiar with the matter.

TikTok maintains that the control only applies to the China-based subsidiary Douyin Information Service Co., and has no bearing on ByteDance operations outside China.

It’s also unclear whether Musk, TikTok and ByteDance have held any talks about the terms of any possible deal.