Tech
Former Google chief ‘considered buying TikTok’
Schmidt told Bloomberg that he had considered the move but added that it was no longer on the table
Eric Schmidt, the former chief executive officer of Google, said he had explored a possible purchase of TikTok but has moved on from the idea of trying to acquire the popular video-sharing app from its Chinese owners.
A new federal law requires TikTok to be sold by its parent, ByteDance, within a year or face a ban in the US. Schmidt, who ran Alphabet’s Google for over a decade, confirmed on Tuesday that he at ...