February 8, 2025

Athens News

News in English from Greece

Bloomberg: China discusses sale of TikTok to Elon Musk


Chinese company ByteDance, owner of TikTok, is considering a sale his Elon Musk. The agency reports this Bloomberg with reference to sources.

According to the agency, this is being considered “as one of the possible options”. At the same time, the company's preferred strategy ByteDanceowning a social network, is to “fight inhibitions”.

In April, the US Congress passed a law obliging ByteDance to sell the platform to an American company or face a ban on the social network in the US with January 19, 2025. That is, in five days.

The company stated that it will not sell the platform and intends to sue. Can put an end to the dispute US Supreme Court. American media believe that he will approve the ban on the social network.

Previously Donald Trump stated that he would like to postpone the ban in order to “find a solution” by TikTok.



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