Billionaire Mark Cuban warns of TikTok’s future under Oracle, Fox, and Dell control. Trump plans to transfer U.S. assets from ByteDance, giving American investors majority stake. Cuban skeptical of new board’s ability to maintain TikTok’s success, highlighting importance of algorithm and potential risks of powerful ownership.
Trump touts American patriots buying TikTok, ensuring platform’s safety. Cuban emphasizes algorithm’s power, warns of potential risks with new ownership. Lack of transparency and competition in deal structure raises concerns for Cuban.
Cuban stresses importance of protecting TikTok’s algorithm and creative culture in ownership change. Warns of potential risks with new board members, emphasizing need for caution in ensuring platform’s continued success. Deal still in progress, but Cuban remains wary of potential outcomes.
Read more at Yahoo Finance: Mark Cuban Reacts To The Idea Of The Ellison And Murdoch Families Controlling TikTok’s Algorithm. He Warns New Cooks Might Destroy The Soup
