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Ex-Google CEO Schmidt Says He Considered Buying TikTok [Yahoo! Finance]
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm
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the idea of trying to acquire the popular video-sharing app from its Chinese owners. Most Read from Bloomberg Israel Says a Cease-Fire Plan Backed by Hamas Falls Short High-Tech Trading Firms Race to Grab Bond Market Turf Russians Are Coming to Terms With Putin's War in Ukraine Jack Dorsey Leaves Bluesky Board, Calls X ‘Freedom Technology' A new federal law requires TikTok to be sold by its parent, ByteDance Ltd., within a year or face a ban in the US. Schmidt, who ran Alphabet Inc.'s Google for over a decade, confirmed on Tuesday that he at one point considered purchasing the platform — though he added that it's longer on the table. “I'm not currently looking at that,” Schmidt said in an interview with Bloomberg TV. “I looked at it for a while.” He added that his personal view was that the US would be better off regulating TikTok, rather than banning it or having the app be subject to judicial action. ByteDance is unlikely to sell off the core technology that determin
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