This new proposed company could also take on search behemoth Google, which has had a contentious relationship with Trump over censorship during the election. Google denied these allegations, as reported by The Hill last September. Sundar Pichai, the CEO of Google parent Alphabet, also attended Trump’s inauguration.
Google Rival
“It seems like they have unchecked power. We hope that through this sort of structure we can start to actually keep Google in check, too, because otherwise they could just do anything. They have YouTube, Google Search Monopoly. We hope to have, like, an interesting rivalry to Google through this process,” Srinivas said.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| GOOGL | ALPHABET INC. | 204.02 | +3.15 | +1.57% |
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Terms, financing and equity investors in a potential deal were not disclosed, but there is no shortage of interest.
“Big Silicon Valley billionaires, sovereign wealth funds from U.S. allied countries that want to be part of this new entity and are excited about it, including countries that are pledging big investments in the U.S.,” Shevelenko said.
TRUMP SUPPORTS LARRY ELLISON OR ELON MUSK AS TIKTOK BUYERS
TikTok’s other potential suitors could be many, including investor Kevin O’Leary, who is offering $20 billion. Additionally, Trump has said he’d be fine with Tesla’s Elon Musk and or Oracle’s Larry Ellison as potential buyers.
