Tuesday , 14 January 2025
Home Forex Elon Musk Eyed for Potential TikTok U.S. Takeover Amid Ban Threat
Forex

Elon Musk Eyed for Potential TikTok U.S. Takeover Amid Ban Threat

Chinese officials are considering the possibility of Elon Musk acquiring TikTok’s U.S. operations if the platform is unable to avoid a controversial ban on its services in the country.

Chinese officials prefer that TikTok remain under the control of parent Bytedance, but if that’s not going to work Musk might.

Bloomberg News had the report, citing unnamed people familiar with the matter.

This article was written by Eamonn Sheridan at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Fed Schmid repeats comments from Jan 9. Second verse same as the first

As a reminder, below are some of the comments from Fed;s Schmid...

A Short on TSLA Stock

TSLA Stock Short Trade Plan: January 14, 2025Disclaimer: This trade plan is...

Tech sector steadies while auto manufacturers accelerate: A look at today’s market dynamics

📈 Tech and Auto Sectors Propel Market MovementsThe US stock market exhibits...

US stocks move higher as the day gets started

The NASDAQ index has been down for four consecutive days, but is...