Image Source : Business Today
TikTok has vehemently denied a report suggesting that the popular social media platform may be sold to Elon Musk’s X Corp, labeling the claim as “pure fiction”. The report, which was published by Bloomberg News, cited unnamed Chinese officials as its source, sparking widespread speculation about the potential sale. However, TikTok has swiftly moved to quash the rumors, emphasizing that there is no truth to the claim.
The report had suggested that Chinese officials were considering the possibility of selling TikTok, which is owned by ByteDance, a Chinese technology company, to Musk’s X Corp. The proposed sale was reportedly being discussed as a means of addressing concerns about data security and the potential influence of the Chinese government on the platform. However, TikTok’s denial of the report has poured cold water on the speculation, leaving many to wonder about the accuracy of the original claim.
The controversy surrounding TikTok’s ownership and potential sale is not new. The platform has faced intense scrutiny from regulators and lawmakers in several countries, including the United States, over concerns about data privacy and security. The company has repeatedly insisted that it operates independently of the Chinese government and that user data is not shared with Beijing. Despite these assurances, the debate about TikTok’s ownership and influence continues to simmer, with many calling for greater transparency and accountability from the platform.
