Steven Mnuchin Proposes Buying TikTok Without Its Core Algorithm
Former Treasury Secretary aims to rebuild the app from scratch amid legislative pressure for a US sale, facing skepticism over the feasibility.
- Steven Mnuchin, ex-Treasury Secretary, plans to buy TikTok, excluding its algorithm, to comply with a bipartisan bill demanding a US sale within 180 days.
- Critics question the viability of rebuilding TikTok's complex algorithm, a task seen as challenging by tech industry experts.
- The proposed purchase aims to sidestep China's export restrictions on the app's algorithm, with Mnuchin suggesting the app be rebuilt using US technology.
- Mnuchin's plan has sparked skepticism, with concerns over the ability to replicate TikTok's success without its core algorithm.
- The initiative faces legislative and technical hurdles, including a potential nationwide ban if the sale or restructuring isn't completed within six months.