Twitter has reportedly thrown its hat in the ring to keep TikTok active in the U.S. Back at the White House, Trump’s flailing away at the situation owes to a battle between his advisers.
The Washington Post reported Treasury Secretary Steven Mnuchin and trade adviser Peter Navarro had a shouting match in front of Trump over how to handle TikTok: Mnuchin wants to see a sale and Navarro is pushing for a ban.
The Wall Street Journal reports that Twitter has shown an interest in the video-sharing app’s U.S. operations, though it’s a longshot behind front-runner Microsoft. Trump has said a deal has to be struck by 9/15 or it would be banned.
Venture capital company Sequoia Capital, which owns 10% of TikTok parent Bytedance, may be key to finding a solution. Sequoia’s Global Managing Partner Doug Leone, a Trump backer, has been the president’s advisers such as Mnuchin and Jared Kushner to keep TikTok to keep operating in the U.S., the Journal reported.
