Amazon's Last-Minute Bid for TikTok Comes
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USA TODAY |
The clock is ticking down on the TikTok video app's potential ban in the United States, last minute investors such as Amazon and AppLovin are submitting bids.
Reuters |
A startup run by Tim Stokely, founder of adult content social media site OnlyFans, has partnered with a cryptocurrency foundation to submit a late-stage plan to acquire short video app TikTok from Ch...
Reuters |
Bidders for the short video social media company are piling up, as the weekend deadline for TikTok to find a buyer approaches.
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According to the White House, several potential buyers have bid on the popular social media app to ensure its continued
President Donald Trump said over the weekend there are lots of potential buyers and said he'd like to keep the app alive. The administration has set an April 5 deadline for the app to be banned if it is not sold by it's Chinese-owned parent company, ByteDance.
TikTok, owned by the Chinese company ByteDance, has been at the center of controversy in the U.S. for four years now due to concerns about user data As TikTok's future remains uncertain, a number of prominent moguls and companies are competing for the opportunity to purchase the app.
TikTok temporarily went dark for its 170 million American users but was reinstalled “as a result of President Trump’s efforts,” according to the app. Now it’s facing another possible ban.
La empresa propietaria de TikTok, ByteDance Ltd., podría ser multada en más de €500 millones (US$553 millones) por enviar ilegalmente a China datos de usuarios europeos.
Vice President Vance said a TikTok deal would be reached before Saturday’s ban enforcement deadline after President Trump’s closed-door meeting with top aides to discuss potential