Former US Treasury Minister brings investors together to buy 'Tik Talk'

Former US Treasury Secretary Stephen Mnuchin brings together a group of investors to purchase the “Tech Talk” application of the parent company “asset dance”. “It must be owned by an American company. It is impossible for the Chinese to run a US company in China,” Manounin said in an interview with CNBC, noting that “the social media application in the United States will be redesigned with local technology.” The former Treasury Minister spoke to a number of potential investors, but he refused to provide any details. He added that if the sale is done, no investor will have more than 10% of the application. He pointed out that the current investors in any agreement will have the option to move under the new property. Manuchin believes that the Chinese government will support the sale of the application, as long as technology will not be transferred. “Tech Talk” withstands “Tap Talk” plans to take out all legal challenges before thinking about any form of separation from the Chinese parent company, as the last US legislation that targets the application, is legally, according to people familiar with the case to “Bloomberg”. The representatives of “Tik Talk” did not respond to the comment immediately. The US House of Representatives on Wednesday approved legislation to prohibit the application unless his Chinese owner separated it from each other. Now, about the application of short videos used by 170 million Americans, attempts to press the Senate, because the law accepts the law has less assertive. Previous attention reported ‘The Wall Street Journal’ that Bobby Cotik, former CEO of ‘Activision Blizzard Inc’, expressed his interest in the purchase of the application for the founder of ‘Bite Dance’ Chang Yen. Cotik is looking for partners. At a dinner party earlier this month, he set the idea to many people, including CEO of Oben Ai, Sam Altman. Established investors, including Carlyle, General Atlantic and Susquehanna 60 %of “Byte Dance”, while the global workforce has 20 %. The remaining percentage is owned by collaborator Zhang. Within the mother enterprise, the strict structure of “Tech Talk” is unclear. The value of “Tech Talk” in the United States is estimated at between $ 40 and 50 billion, according to the agency “Bloomberg Integruance”, a number that could be higher than those with emerging works. A short list of buyers and the list of cash buyers or through the shares are short. Meta Platforms Inc. and Alphabet Inc will be under severe pressure to pass the anti -monopoly review. Amazon.com Inc. Also, as it is a competition for the “Tik Talk” store. As for the company “Oracle Corp”, the current partner for data protection for “Tik Talk”, which was shown earlier, was weighed in a previous agreement. Tek talk can also work as an independent application if purchased with a mix of criticism and debt. The $ 44 billion acquisition on Twitter, which is Mallon Musk, a third of the debt, is a newly similar example.