Will TikTok find a way to remain legal in the U.S. under a new ownership structure? A range of possible new owners for TikTok in the U.S. — including MrBeast, Elon Musk and Oracle founder Larry Ellison — have emerged as a federal law banning TikTok in the country went into effect this Sunday,
The guy who brought you a bunch of dumb online videos wants to buy the site that distributes dumb online videos.
Trump's most recent plan for TikTok centers on demands that the United States be given a 50% ownership position in the app under any proposed deal.
President Donald Trump had recently expressed his support in SpaceX and Tesla CEO Elon Musk or Oracle CEO Larry Ellison purchasing TikTok.
After Elon Musk and Shark Tank investor Kevin O'Leary, YouTuber MrBeast has also joined the bid to buy TikTok in the US.According to CNN, after the new US President Donald Trump granted the video-sharing social media platform an extension of
The bidding for TikTok’s future is heating up, with tech heavyweights including Elon Musk, Amazon, Oracle, and a consortium led by billionaire Frank McCourt also joining the race. This high-profile acquisition has garnered global attention, with the sale expected to become one of the largest in tech history.
A string of big names from the world of tech and even the US government have been touted as potential new owners of the social media giant. It comes after President Trump signed an executive order giving the company 75 days to convince officials it does not threaten national security.
US President Donald Trump has signed an executive order granting TikTok a 75-day extension to comply with a law banning the app if it is not sold. The social media platform briefly went dark in the US days before Trump took office, after the Supreme Court denied a bid by its Chinese owner ByteDance to overturn the legislation.