Eric Schmidt, the former CEO of Google now says he once considered the possibility of buying the world's leading social media application, TikTok. However, the matter did not proceed.
TikTok faces challenges in the United States, as new legislation forces Bytedance to sell its TikTok operations in the country. TikTok disagrees, and has filed a lawsuit against the United States government.
Eric Schmidt also shared the sentiment, saying TikTok needs to be seen more as a television-like medium than social media – and the US government needs to regulate it from that perspective.
For example, the government needs to consider regulation in terms of providing "equal" time - including in terms of political content from various parties and so on. However, the government does not look at the matter, and prefers to ban the platform.