XM does not provide services to residents of the United States of America.

TikTok CEO sought Musk's input ahead of Trump administration, WSJ reports



<html xmlns="http://www.w3.org/1999/xhtml"><head><title>UPDATE 1-TikTok CEO sought Musk's input ahead of Trump administration, WSJ reports</title></head><body>

Adds details from the report in paragraph 2- 5 and background in paragraph 6

Nov 23 (Reuters) -ByteDance-owned TikTok Chief Executive Officer Shou Zi Chew has sought input on U.S. matters from Elon Musk, a close adviser to President-elect Donald Trump, the Wall Street Journal reported on Saturday citing people familiar with the matter.

Chew initiated messages with the TeslaTSLA.O CEO in recent weeks and asked for his opinions on topics ranging from the incoming administration to potential tech policy, the report added.

Elon Musk, TikTok, ByteDance and the Trump administration did not immediately respond to Reuters' requests for comments.

Both executives have not discussed specific measures to keep TikTok running in the United States, the Journal reported, adding that Chew has kept ByteDance's senior leadership informed of the talks, with executives cautiously optimistic about finding a way forward.

ByteDance executives had been hedging their bets before the U.S. election, meeting with people close to Trump and with people close to Democratic nominee Kamala Harris, the report added.

Trump, who unsuccessfully tried to ban TikTok in 2020, has said if elected in November he would not allow TikTok to be barred.



Reporting by Surbhi Misra and Devika Nair in Bengaluru; editing by Diane Craft and Franklin Paul;

</body></html>

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.