Trump Suggests Musk or Ellison Could Acquire TikTok
January 22, 2025 - 12:00
In a recent statement, former President Donald Trump proposed that tech giants Elon Musk or Larry Ellison could potentially purchase TikTok, the popular social media platform. This suggestion follows his earlier notion of a joint venture, wherein he argued that the United States should be entitled to a significant share of the app's ownership. Trump emphasized the importance of national security concerns surrounding TikTok, which has faced scrutiny over its ties to China.
The former president's remarks have reignited discussions about the future of TikTok in the U.S. market, especially given the platform's massive user base and influence on social media trends. As regulatory pressures mount, the idea of a U.S.-based ownership could be seen as a solution to alleviate fears regarding data privacy and security. The involvement of high-profile figures like Musk or Ellison could also attract substantial investment and innovation to the app, shaping its trajectory in the competitive social media landscape.
MORE NEWS
March 14, 2026 - 00:13
As a computer science grad, she expected stability. Then AI arrived.The transition from university to the workforce has always held challenges, but for the latest cohort of computer science graduates, the landscape is shifting in unexpected ways. Many who entered...
March 13, 2026 - 03:09
Surging Energy Costs Put German Industry ‘Really in Danger’The German industrial sector, still grappling with the economic aftershocks of the 2022 energy crisis, faces renewed pressure as global instability sends costs climbing once more. Industry leaders...
March 12, 2026 - 20:39
Successful Business Development Is All About AuthenticityFormer Cravath and Debevoise & Plimpton chief marketing officer Deborah Farone is shedding light on the strategies that drive growth, drawing directly from the experiences of leading women in law....
March 12, 2026 - 11:02
Oil Keeps Pushing Higher Despite Global Release of ReservesA major international effort to cool surging energy markets has, initially, failed to halt the relentless rise in oil prices. This week, the United States led a coalition of nations, including...