The plan to save TikTok involves software company Oracle and a group of outside investors effectively taking control of the app's global operations, two sources with
ByteDance, the Chinese owner of TikTok, has earmarked over 150 billion yuan ($20.64 billion) in capital expenditure for this year, much of which will be centred on artificial intelligence, two people briefed on the matter said.
James "Jimmy" Donaldson, known as MrBeast on YouTube, made an offhand comment to X this week, saying he'd buy TikTok so it doesn't get banned.
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
With no Supreme Court ruling on TikTok today, tensions are high. The wildly popular social media platform owned by China's ByteDance could shut down in the U.S. on Jan. 19 – just four days from now — or sell itself to an entity Stateside if the Justices do not rule otherwise.
TikTok is no longer available in the United States —at least for now. But it’s not the only ByteDance-owned app that’s currently blocked for US-based users.
Donaldson posted a jokey message on X on January 13 that read, "Okay fine, I'll buy Tik Tok so it doesn't get banned." A day later,
While TikTok remains hugely popular in Brazil, Indonesia and other markets, its 170 million users in the United States are its most valuable.
Several interested buyers, including MrBeast, have popped up since the Supreme Court upheld the Jan. 19 TikTok ban.
ByteDance is exploring a deal that would keep TikTok running in the U.S. without selling its operations, Jack Sidders, Lisa Abramowicz, and
Another day in the music industry, another update on the possible futures for TikTok in the US. ByteDance board member Bill Ford told Bloomberg Television that the company is seeking alternatives to a sale – even though that appears to be President Trump’s plan. Sign in by entering the code we sent to , or clicking the magic link in the email.
Meta’s Instagram and Google’s YouTube are getting ready to welcome TikTok users, as the Supreme Court upheld a law that effectively bans the Chinese-owned app from the United States.