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Steve Mnuchin Says He Is Putting Together
Group to Buy TikTok

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Posted By: Dreadnought, 3/14/2024 10:15:57 AM

Former Treasury Secretary Steven Mnuchin says he wants to pull together a group of investors to buy TikTok. Mnuchin, who also has connections to Hollywood, announced his plans on CNBC Thursday morning. The House of Representatives passed a bill this week that would force TikTok owner Bytedance to divest the video platform, and while the bill’s future in the Senate is uncertain, potential buyers like Mnuchin are already beginning to pull together game plans, should it pass. “I think the legislation should pass and I think it should be sold,” Mnuchin said. “It’s a great business, and I’m going to put together a group to buy TikTok.”

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Reply 1 - Posted by: padiva 3/14/2024 11:06:03 AM (No. 1677461)
Get Elon Musk to negotiate the best price for you.
4 people like this.

Reply 2 - Posted by: DVC 3/14/2024 11:15:42 AM (No. 1677465)
Hmmm. Better than the ChiComs, but depending on who the new owners are, they could be just as anti-American as the ChiComs. I'll wait before passing judgement.
5 people like this.

Reply 3 - Posted by: jimincalif 3/14/2024 11:41:43 AM (No. 1677488)
The US government is jealous that they didn’t think of creating something like this to spy on us. So they’ll force the Chicoms to sell it, and of course the feds will have to “approve” the new buyer. Part of the deal will be to keep collecting all the info, just sending it to our own spies (who are likely infiltrated by the Chicoms, so China will end up still getting all the data anyway).
5 people like this.

Reply 4 - Posted by: Safari Man 3/14/2024 12:16:37 PM (No. 1677544)
Crony capitalism at the business end of a gun. Who's business will the DeepState steal next? Its like eminent domain. This whole thing is due to TikTok not allowing the DeepState to get a backdoor into Tiktok's database. Even though TikTok is allowing the DeepState to censor (I've been censored many times), its not enough. They want the NSA to have free reign over the data so they can spy on us using AI and declare us domestic terrorists. This is about bringing down the deplorables.
3 people like this.

Reply 5 - Posted by: Starboard_side 3/14/2024 12:20:42 PM (No. 1677555)
They will force China to sell the US division, but presume they keep all of the rest of the world. Look for a significant bidding war to buy it.
2 people like this.

Reply 6 - Posted by: mc squared 3/14/2024 12:23:58 PM (No. 1677561)
Think the CCP is going to pass up on all the data they get from their Honeypot? If the sale goes through, the Chinese will just start a new one.
2 people like this.

Reply 7 - Posted by: plomke 3/14/2024 12:49:59 PM (No. 1677605)
As I have said before: take the damn phone away from your children. Give your children your time and good books instead of crap on the interwebs...
4 people like this.

Reply 8 - Posted by: Gordon Mills 3/14/2024 1:45:39 PM (No. 1677656)
Strange, I do not have a TT account and have never viewed a TT video and yet my life is not wanting.
5 people like this.

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