"Potential Buyers Emerge as TikTok Faces Uncertain Future"

1 min read
Source: IGN
"Potential Buyers Emerge as TikTok Faces Uncertain Future"
Photo: IGN
TL;DR Summary

Former Activision CEO Bobby Kotick is reportedly interested in buying TikTok if ByteDance agrees to sell the platform, potentially teaming up with OpenAI CEO Sam Altman. TikTok is facing scrutiny in the U.S. due to concerns about data privacy and its Chinese ownership. A bill to ban TikTok or force its sale has passed a committee vote and is heading to the House. Kotick, who recently left Activision Blizzard, is seeking partners for the potential acquisition, with the price tag estimated to be in the hundreds of billions of dollars. Despite controversies during his tenure at Activision, including gender discrimination allegations, Kotick remains a prominent figure in the tech and gaming industry.

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