Transcript: Why China wants Musk to save TikTok
TikTok’s owners are in a race against the clock. A law will likely take effect on Sunday that requires TikTok’s US operations to be sold or it’ll be outlawed in the country. The Chinese government is considering whether Elon Musk could broker a sale. I’m joined now by the FT’s Joe Miller to unpack all this. Hi, Joe.
Elon Musk could be China’s pick to buy TikTok, report says
Chinese officials have reportedly discussed selling TikTok's US operations to Elon Musk as the threat of a US ban looms. Sources "familiar with the matter" told Bloomberg that Chinese officials would "strongly prefer" that ByteDance remain in control of TikTok US,
Musk has a positive reputation among many ByteDance employees in China, according to a person familiar with the matter. He is seen as a very successful entrepreneur, who has experience engaging ...
Still, there are logical reasons why Musk, ByteDance and China might all find it in their best interests to facilitate a sale of TikTok’s assets to the X owner. ByteDance may simply want to earn ...
Chinese and Indian refiners are scouring the globe for supplies of crude as fresh U.S. sanctions on Russian producers and ...
TikTok has denied a report that China is looking at potentially facilitating a sale of the app to Elon Musk, calling it “pure fiction,” Variety’s Todd Spangler reports. “We can’t be ...
Outlook: Investors are still not pricing in enough risks in emerging markets from the fallout of a new US-China trade war, ...
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