Brief by Shorts91 Newsdesk / 12:19pm on 14 Jan 2025,Tuesday International
Reports say China is discussing the possibility of Elon Musk buying TikTok’s U.S. operations. This comes as the app faces a potential ban in the U.S. due to national security concerns linked to its Chinese ownership. The Chinese government prefers ByteDance, TikTok's parent company, to keep control but is considering Musk’s purchase. If the deal happens, Musk would own X (formerly Twitter) and TikTok's U.S. operations. Critics warn this could lead to a social media monopoly. ByteDance denied the reports, calling them "pure fiction." TikTok is currently challenging the U.S. ban in court.
