TikTok ban: all the news on the app’s shutdown and return in the US
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Steven Mnuchin is working to create a buyer for TikTok.
The former Treasury Secretary said on CNBC Thursday that he’s “going to put together a group to buy TikTok.” Such a group would need to have massive buying power, since the app boasts 170 million US users, and has an estimated value in the tens of billions of dollars.
The House passed a bill Wednesday that could force TikTok’s Chinese parent ByteDance to sell it, or be banned from the US.
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