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That's one way to keep Tik-Tok up and running. [View all]
China considers selling TikTok U.S. operations to Musk, Bloomberg reportshttps://www.cnbc.com/2025/01/13/china-considers-selling-tiktok-us-operations-to-musk-bloomberg-.html
The Chinese government is considering a plan that would have Elon Musk acquire TikTok’s U.S. operations to keep the app from being effectively banned, Bloomberg News reported on Monday.
The contingency plan is one of several options China is exploring as the U.S. Supreme Court determines whether to uphold a law that calls for China-based ByteDance to divest TikTok’s U.S. business by Jan. 19, the report said, citing anonymous sources.
After that deadline, third-party Internet service providers would be penalized for supporting TikTok’s operations in the country.
Under the plan, Musk would oversee both X, which he currently owns, and TikTok’s U.S. business, Bloomberg said. However, Chinese government officials haven’t yet decided on whether it would proceed, the report said, noting that the plan is still preliminary.
...
The contingency plan is one of several options China is exploring as the U.S. Supreme Court determines whether to uphold a law that calls for China-based ByteDance to divest TikTok’s U.S. business by Jan. 19, the report said, citing anonymous sources.
After that deadline, third-party Internet service providers would be penalized for supporting TikTok’s operations in the country.
Under the plan, Musk would oversee both X, which he currently owns, and TikTok’s U.S. business, Bloomberg said. However, Chinese government officials haven’t yet decided on whether it would proceed, the report said, noting that the plan is still preliminary.
...
Smells like an anti-trust violation to me, but anti-trust prosecutions are always very selective and I wouldn't expect Trump's administration to mess with a good buddy.
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