Mnuchin's Plan to Rebuild TikTok's Technology Under U.S. Leadership
Wednesday, 8 May 2024, 17:09
The Push for TikTok Purchase
Technology Rebuilding Plans
- Mnuchin suggests a strategy to disconnect ByteDance ownership and enhance security
- U.S. technology companies could be involved in the rebuilding process
- President Biden's law mandates ByteDance to sell TikTok within a year
Former Treasury Secretary Steven Mnuchin expresses interest in acquiring TikTok to rebuild its technology under U.S. leadership. Despite challenges with Chinese ownership, Mnuchin remains optimistic about restructuring the app's algorithm to ensure compliance with U.S. regulations and security standards.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.