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Photo: Nicolas Economou/NurPhoto via Getty Images

Americans believe Google is best suited to buy TikTok's U.S. operations, according to Harris Poll data released today. Some 29% of resp0ndents named Google, edging out Microsoft with 24% and Snapchat with 22%.

Why it matters: TikTok's Chinese parent company, ByteDance, is under pressure to sell its U.S. operations or face a ban by the Trump administration. Microsoft and Walmart are working together on a bid, while Oracle is also said to be interested along with potential others.

By the numbers: Here are who respondents thought would be the best new owner for TikTok. (They could choose more than one company, so the responses add up to more than 100%.)

  1. Google (29%)
  2. Microsoft (24%)
  3. Snapchat (22%)
  4. Apple (22%)
  5. Twitter (20%)
  6. Amazon (18%)
  7. Netflix (16%)
  8. Walmart (14%)
  9. Oracle (6%) 

Our thought bubble: On one hand, it doesn't matter who consumers think would be a good fit. What matters is who — if anyone — can actually get a deal done. On the other hand, no eventual deal can succeed unless TikTok remains popular, especially with young people and influencers.

Yes, but: Negotiations over a sale have been complicated by a new Chinese law that could exclude TikTok's algorithm — seen by many as its secret sauce — from being part of a sale.

Go deeper

Felix Salmon, author of Capital
Updated Sep 24, 2020 - Economy & Business

Trump risk rises for companies

Illustration: Aïda Amer/Axios

Donald Trump fancies himself a businessman — and has given himself a central role in determining the conduct and even the existence of major companies both domestic and foreign.

Why it matters: America has historically been a great place to operate a company under the rule of law, and not be beholden to political whim. Those days seem to be over — at least for companies in the communications industry.

Biden to meet with U.S. financial regulators on Monday

Photo: Drew Angerer via Getty Images

President Biden will meet with financial regulators on Monday.

Driving the news: "The meeting will cover regulatory priorities including climate-related financial risk and agency actions to promote financial inclusion and to responsibly increase access to credit," said press secretary Jen Psaki, according to a press pool report.