Steven Mnuchin assembles group aimed at buying TikTok following U.S. House proposal for app prohibition
Thursday, 14 March 2024, 12:27
Steven Mnuchin Forms Consortium to Acquire TikTok
The recent announcement by former Treasury Secretary Steven Mnuchin about forming a group to acquire TikTok has sparked interest and speculation in the financial realm. This move came in response to the U.S. House's proposal to either ban the app or encourage a sale. Mnuchin's strategic consortium formation highlights the evolving dynamics in the tech industry amidst regulatory pressures.
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