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.
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.
TikTok has publicly thanked Trump for the extension, calling it a "strong stand for the First Amendment and against arbitrary censorship" and said it plans to work with the President-elect to find a "long-term solution that keeps TikTok in the United States."
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.
Several prominent figures have expressed interest in acquiring TikTok, though the terms of any potential purchase remain unclear.
The fate of TikTok will be decided by January 19, 2025. Find out all the details surrounding the approaching deadline.
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 analysts view the technology selloff this morning as a “golden buying opportunity.” No U.S. global 2000 company is going to use a
Potential TikTok buyers are lining up as President Trump and the Chinese government show heightened interest in striking a deal to sell the popular video-sharing platform in the face of a U.S. ban. YouTube star MrBeast is the latest to join the ranks of prospective buyers,