ByteDance, the Chinese parent company of TikTok, denies reports from Bloomberg stating that Chinese officials are considering selling TikTok US to Tesla (TSLA) CEO and X (formerly Twitter) owner Elon Musk. TikTok tells various media outlets the report is "pure fiction."
As the TikTok divest-or-ban deadline nears, Morning Brief co-hosts Seana Smith and Brad Smith take a closer look at the reports.
To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.
This post was written by Naomi Buchanan.