💨 Abstract

TikTok denies report that China is considering selling its US operations to Elon Musk. The report, by Bloomberg, suggested Chinese officials are discussing a potential sale to Musk's social media platform X. TikTok's US operations are valued between $40 billion and $50 billion. The US Congress passed a law last year requiring ByteDance to sell or shut down the platform due to national security concerns.

Courtesy: www.thesouthafrican.com

Summarized by Einstein Beta 🤖