Eric Schmidt, the former CEO of Google, considered purchasing TikTok from its Chinese owners, ByteDance, but ultimately decided against it. Schmidt mentioned that he explored the idea for a while but believes that government regulation is a more appropriate approach. Concurrently, Steven Mnuchin, former U.S. Treasury Secretary, expressed ongoing interest in acquiring TikTok's U.S. operations from ByteDance, citing the potential to replicate the app's algorithm.
Ex-Google chief once considered buying TikTok https://t.co/QDyuXYkq0N
⚠️ JUST IN: *FORMER GOOGLE CEO ERIC SCHMIDT SAYS HE WEIGHED BUYING TIKTOK FROM CHINESE OWNERS: BBG https://t.co/AnwBwGRWJc
Steven Mnuchin said he's still interested in buying TikTok's operations in the US from its Chinese owner, and believes the app's algorithm could be replicated https://t.co/GSzVHdUTwO
Eric Schmidt Says He Weighed Buying TikTok From Chinese Owners: BBG
Eric Schmidt on buying TikTok: "I looked at it for a while," but the government should regulate instead. https://t.co/xPaxI4JNEa
Eric Schmidt Explored Buying TikTok From ByteDance But Moved On https://t.co/sH6P662YmH
Eric Schmidt, the former CEO of Google, said explored a possible purchase of TikTok from its Chinese owners but has moved on from the idea https://t.co/QfHPw10BtG