Trump ex-Treasury chief seeks TikTok buyout bid as China seethes

Washington (AFP) Mar 14, 2024

Steve Mnuchin, the former US treasury secretary under Donald Trump, said Thursday he was preparing a buyout bid of TikTok, as Beijing blasted a bill moving through Congress that would force the sale of the Chinese-owned video-sharing app. TikTok has soared in popularity worldwide, but its ownership by Chinese technology giant ByteDance - and alleged subservience to Beijing's ruling Communis