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Squawk on the Street
TikTok's Future: Ban or Sell?
This chapter explores the ongoing concerns surrounding TikTok's potential ban in the U.S., including speculation about the platform selling its operations to Elon Musk. It analyzes historical contexts of foreign ownership in media, addressing implications for shareholder value, national security, and user migration to competitor platforms. In addition, the chapter touches on broader industry tensions, including Meta's workforce reductions and contentious U.S.-Japan-China dynamics in the steel market.
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