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.
The new president is tossing out some of the biggest names in the tech world as possible buyers of TikTok’s US operations, most recently Microsoft. 'I like bidding wars because you make your best deals.
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, accordin
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.
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
He previously floated a joint venture, saying that the US should be entitled to half of the app.
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
President Trump indicated that he would be open to Tesla CEO Elon Musk or Oracle CEO Larry Ellison buying TikTok.
US President Donald Trump has shown support for Elon Musk potentially buying TikTok and proposed that the US government receive a 50% ownership stake in exchange for operating permits. This comes after Trump temporarily halted TikTok's ban.
President Donald Trump said Tuesday that he would be in favor of Elon Musk or Larry Ellison purchasing TikTok and giving half ownership with the U.S. government.
The president said he’s also open to another tech giant to acquire TikTok: Larry Ellison, co-founder of Oracle. Ellison was present at the White House for a $500 billion AI infrastructure partnership between the Trump administration and OpenAI, Softbank and Oracle. Oracle, a software company, houses most of TikTok's servers