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Rumble shares RUM rose 18.3% to $7.90 on Tuesday following its expression of interest in taking over #TikTok
Chris Pavlovski, chief executive of the video-sharing site, said Rumble is ready to join a consortium with other parties seeking to acquire and operate TikTok inside the United States in the event that China’s ByteDance divests its ownership in the video app.
Steven Mnuchin is putting together an investor group to try to buy TikTok
https://www.theguardian.com/us-news/2024/mar/14/mnuchin-investors-buy-tiktok
TikTok CEO Shou Zi Chew has responded to Wednesday's vote on the proposed U.S. TikTok ban, calling it "disappointing" and indicating that the company may take legal action. It seems as though TikTok isn't ready to disappear without a fight.
"This legislation, if signed into law, will lead to a ban of TikTok in the United States," said Chew in a video uploaded to TikTok's official account
Few seem to believe ByteDance wouldn't sell if it came down to it, though. The vultures are already circling, with former Activision Blizzard CEO Bobby Kotick having reportedly expressed interest in acquiring TikTok should the legislation pass
https://www.wsj.com/tech/why-the-new-effort-to-ban-tiktok-caught-fire-with-lawmakers-7cd3f980
As reported by Gizmodo, several politicians who voted for the TikTok ban actually have their own accounts
https://gizmodo.com/tiktok-ban-politicians-active-jackson-allred-casten-1851332961
Jackson attempted to justify his apparently hypocritical vote by claiming that TikTok wouldn't really get banned if the bill became law, since ByteDance would just sell
https://www.tiktok.com/@jeffjacksonnc/video/7345865128497270059
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