Musk, MrBeast, Larry Ellison - Who might buy TikTok?
By salisu umar manta
salisuumarmanta@gmail.com
without it.
Ultimately, President Trump is likely to have a major role in selecting a US buyer of TikTok.
"It's going to be a winner that's likely to be politically sympathetic to President Donald Trump," said Anupam Chander, a law professor at Georgetown University.
Prof Chander said the 50-50 joint ownership model does not comport with the law's requirements, which might prompt Trump to pressure Congress into revising the law.
For now, the platform's future remains in limbo.
Prof Chander said the Biden administration made an "unforced error" by allowing the law to give the president outsized control over who owns TikTok.
"It was a terrible idea to put the future of a massive information platform into this political maelstrom," Prof Chander said.