- cross-posted to:
- economy@lemmy.world
- cross-posted to:
- economy@lemmy.world
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.
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.