Mnuchin Believes TikTok Algorithm Could Be Rebuilt If He Buys It
- Former US treasury secretary says he’s talked with tech firms
- Parent ByteDance is required to divest TikTok or face a US ban
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Steven Mnuchin, the former US Treasury Secretary, said he’s still interested in buying TikTok’s US operation from its Chinese owner, and believes the social media app’s critical video recommendation technology could be replicated.
“I’ve actually spoken to a lot of tech companies on working about rebuilding this,” Mnuchin said Tuesday in an interview with Bloomberg Television. “I do believe the algorithms could be rebuilt. So my plan, if we were to purchase, it would be to rebuild the technology under US leadership, make sure that it’s all disconnected from ByteDance going forward, and that it is very robust and secure.”