Steven Mnuchin putting together investor group to buy TikTok
Ex-treasury secretary tells CNBC of plans a day after US House passes bill giving app’s owner six months to divest or face US ban
* The House passed a TikTok bill. Will the US really ban the app?
Steven Mnuchin is putting together an investor group to try to buy TikTok, he told CNBC on Thursday.
The former US treasury secretary’s comment comes just a day after the US House of Representatives passed a bill that would give the app’s Chinese owner ByteDance about six months to divest TikTok’s US assets or face a ban. If it did not do so, app stores including the Apple App Store and Google Play would be legally barred from hosting TikTok or providing web-hosting services to ByteDance-controlled applications. Continue reading…
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