Potential Buyers, Political Pressure, and China's Opposition: The Battle for TikTok's Future
TL;DR Summary
The House passed a bill that could force a sale of TikTok if signed into law, prompting potential buyers to express interest in acquiring the app, including former Treasury Secretary Steven Mnuchin, Rumble, former Activision Blizzard CEO Bobby Kotick, and "Shark Tank" investor Kevin O’Leary. Previous interested buyers like Microsoft and Oracle were also mentioned, but the potential sale was put on hold when the Biden administration took over.
- Who could buy TikTok? Meet the people who could acquire the app NBC News
- 'Mr. Wonderful' doubles down on TikTok offer, warns suitors of algorithm, user retention challenges Fox News
- US lawmakers want a TikTok sale or ban, but China's ByteDance won't give up without a fight South China Morning Post
- Former Treasury Secretary Mnuchin is putting together an investor group to buy TikTok CNBC
- China Signals Opposition to Forced Sale of TikTok in the U.S. The Wall Street Journal
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