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.
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.
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.
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,
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.
Several interested buyers, including MrBeast, have popped up since the Supreme Court upheld the Jan. 19 TikTok ban.
TikTok was banned and restored within the same weekend. Find out what other apps owned by ByteDance, are in limbo below.
TikTok and President Donald Trump are reportedly in talks with Microsoft and Oracle to buy the social media app.
" With discussions circulating about potential deals, here’s what you need to know about the top contenders to buy and “save” TikTok in the U.S. Listed by Forbes as the world’s richest person, Tesla and SpaceX owner Elon Musk has found his name used widely among those discussing potential TikTok buyers.