ByteDance, TikTok’s parent company, is required to sell the app to a U.S.-based buyer or face a nationwide ban.
As the Jan. 19 date for a TikTok ban approaches, another name is emerging as a potential buyer: SpaceX and Tesla CEO Elon Musk, who already owns X.
President Donald Trump wants a U.S. investor to take a major stake in ByteDance’s TikTok. Several parties are in contention even as potential buyers face a litany of legal hurdles and barriers. After stepping in to restore TikTok in the U.
TikTok’s time will expire on Jan. 19 if no buyer is found or the Supreme Court rules in the app’s favor. Here’s what to know.
TikTok is difficult to value. Keeping those complications in mind, Forbes spoke with at least nine people and came up with these different scenarios.
TikTok is no longer accessible in the U.S. as of late Saturday night, shortly before a nationwide ban on ByteDance’s popular social media app took effect, though President-elect Donald Trump has suggested he will delay the ban after his return to the White House on Monday.
Citing national security, the Supreme Court rules that TikTok can be banned if its Chinese parent company ByteDance does not sell the app by Sunday.
The fate of TikTok will be decided by January 19, 2025. Find out all the details surrounding the approaching deadline.
Several prominent figures have expressed interest in acquiring TikTok, though the terms of any potential purchase remain unclear.
McCourt has made a formal offer to ByteDance to acquire TikTok's ... TikTok operational in the U.S. is a worthwhile pursuit, Wedbush Securities' Ives said. "There is much more at stake here ...
Wedbush Securities hiked its base case price target on Tesla (NASDAQ:TSLA) to $550 from $515 on its view that the golden age of autonomous, FSD, and Optimus has arrived. The firm has growing confidence in the demand delivery story for 2025 along with a fast tracking of the autonomous future under the Trump Administration.
Investing.com-- Wedbush said on Wednesday that recent weakness in Apple Inc (NASDAQ: AAPL) shares- amid a flurry of ratings downgrades and worsening sales in China- was overdone, especially before the company’s December quarter earnings.