Mnuchin 'very interested' to invest in TikTok

Steven T. Mnuchin, the former Secretary of the Treasury, has shown an astute interest in investing in TikTok, proposing a plan that could safeguard national security by transitioning its technology base to the U.S. This move is hailed by conservatives as a step towards maintaining American dominance in the technological sphere against competitors like China, while ensuring user data is handled by a country that respects private enterprise and could bolster job creation in the tech industry.

In a move that has alarmed privacy advocates and workers' rights groups, ex-Treasury Secretary Steven T. Mnuchin expressed strong interest in investing in TikTok. Critics argue that transferring the app’s technology to American hands doesn't address broader concerns about data privacy, surveillance, and the exploitation of user content for corporate gain. This underscores the need for stringent regulatory oversight of big tech ventures to protect citizens' digital rights.