TikTok ban: all the news on the app’s shutdown and return in the US
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Former Treasury Secretary Steve Mnuchin, who’s apparently assembling an investor supergroup to buy the beleaguered app, wants to cut a deal to buy it sans algorithm and rebuild it, according to The Washington Post yesterday.
Now I may be a simple country tech reporter, but I’m not sure that’s such a good idea. Matt Perault, former Facebook public policy director, points out why in this quote from the Post:
“All the biggest companies have thrown a lot of money and engineering talent at that issue and have struggled to do it,” Perault said. “If Steve Mnuchin thinks he can do that and succeed where a lot of successful companies have struggled, good luck.”
[The Washington Post]
