China thinks about offering TikTok U.S. operations to Musk, Bloomberg reports
Jakub Porzycki|Nurphoto|Getty ImagesThe Chinese federal government is thinking about a strategy that would have Elon Musk obtain TikTok's U.S. operations to keep the app from being successfully prohibited, Bloomberg News reported Monday.The contingency strategy is among numerous alternatives China is checking out as the U.S. Supreme Court identifies whether to promote a law that requires China-based ByteDance to divest TikTok's U.S. organization by Jan. 19, the report stated, pointing out confidential sources.After that due date, third-party web service companies would be punished for supporting TikTok's operations in the nation.Under the strategy, Musk would supervise both X, which he presently owns, and TikTok's U.S. service, Bloomberg stated. Chinese federal government authorities have ...