Other potential buyers include the philanthropist Frank Mccourt ’s Project Liberty, which is raising capital to make a bid for TikTok in order to “rearchitect the platform” and protect user data. McCourt is a billionaire who previously owned the Los Angeles Dodgers baseball team. The project is supported by the social psychologist Jonathan Haidt.
Bill Ford, the CEO of ByteDance shareholder General Atlantic, said Wednesday he was confident that a deal will be reached to ensure TikTok stays online in the US — and suggested there may be
Perplexity AI has presented a new proposal to TikTok’s parent company that would allow the U.S. government to own up to 50% of a new entity that merges Perplexity with TikTok’s U.S. business, according to a person familiar with the matter.
President Trump indicated that he would be open to Tesla CEO Elon Musk or Oracle CEO Larry Ellison buying TikTok.
Jimmy Donaldson - aka MrBeast - was jubilant as he told his tens of millions of TikTok followers about his bid to buy the platform. "I might become you guys' new CEO! I'm super excited!" Donaldson said from a private jet. He then proceeded to promise $10,000 to five random new followers.
At a press briefing on Tuesday, President Trump suggested that he’s open to the idea of Elon Musk or Larry Ellison buying TikTok.
According to a new report, Oracle is in talks to take over TikTok's global operations, while Microsoft is looking to invest.
Congress voted to ban TikTok out of concern that TikTok's ownership structure represents a security risk, a ban upheld by the Supreme Court but
President Donald Trump said he would be open to Elon Musk or Larry Ellison buying TikTok ... the group's spokesperson told Bloomberg. In 2024, ByteDance, TikTok's Chinese owner, said it would rather shut down TikTok in the US than sell it.
YouTuber MrBeast, X owner Elon Musk and Oracle Chairman Larry Ellison are names that have floated around in the past week.
President Donald Trump on Tuesday expressed openness to the possibility of Tesla CEO Elon Musk or Oracle Chairman Larry Ellison purchasing TikTok during a press briefing. Trump suggested TikTok could be valued at $1 trillion with a U.
Last year, then-President Joe Biden signed a law that gave TikTok's China-based parent company ByteDance until 19 January to sell the platform or face a ban in the United States. The legislation addressed concerns about TikTok's links to the Chinese ...