Fmr #Trump treas sec #Mnuchin is telling investors he has a plan to buy #TikTok
Mnuchin told potential backers he aims to maneuver around its price of >$100B & #China’s ban of the export of recommendation #algorithms.
He indicated he could overcome those hurdles by offering to buy the #app w/o the export-blocked #code, essentially forcing his consortium to remake a service built on billions of lines of code.
#tech #SocialMedia #business #policy #regulation
washingtonpost.com/technology/…