Potential Purchase of TikTok's US Operation by Steven Mnuchin

SOURCE finance.yahoo.com
Steven Mnuchin expresses interest in buying TikTok's US operation and rebuilding its critical video recommendation technology under US leadership to disconnect from ByteDance. However, challenges remain due to ByteDance's reluctance to sell its core recommendation algorithm and China's export restrictions.

Key Points

  • Interest in buying TikTok's US operation
  • Plan to rebuild technology under US leadership
  • Challenges in replicating TikTok's core recommendation algorithm

Pros

  • Rebuilding TikTok's technology under US leadership
  • Ensuring robust and secure technology for US users

Cons

  • Challenges in acquiring TikTok's core recommendation algorithm from ByteDance
  • Uncertainty due to China's export restrictions on the algorithm