TiktokOwned by the Chinese company for the center of a controversy in the US in the course of the current four years because of worrying about the user data you can access by the Chinese Government. The only month, the app experiencing temporary disturbance in the US that left the user while suspense before it was quickly returned.
Tictoks back to the App Store and Google Play Store months ago.
However, the future of the tiktok remains uncertain, and many investors can compete the opportunity to buy the app. The US business can have a blurry value to rise $ 60 billionAs we expected by the Senior President of CFRA, Angelo Zino.
Tiktok Prohibition: What happened so far
To identify the full drama, we will restart the tumeline ticket lines in the US government with various laws combat and negotiation.
The first drama started 2020 AugustWhen Trump sign executive to prohibit transactions with the parent’s company pay.
The next month, the Trump administration of the efforts of US-based operations for the US based. The main contenders include Microsoft, Oracle, and Walmart. However, the US judge temporarily blocked Trump executive sequence, thus tickets to continue operation when the legal battle is opened.
The chapters began to move more than last year after the transition to the Biden Administration. US Representative Council, In the sound of 360-58pass the laws on the tiktok. On April 23, 2024, Senate passed the bill.
Not long, President Joe Biden Sign the bill that requires the tiktok to be sold or forbidden. In response, Tiktok wear the US governmentChallenge the Constitution of the tires and declare the American app and users have the first amendment right. Companies have been constantly rejected that they cause security threats, asserting that data stored in the US matches all local laws.
Trump has a heart change
On December 27 2024, Trump opposing The potential ban is on the ticket in the court filings, declare they can find a way to maintain this ASTption as a contrast to the first approach and displaying good events for Tiktok.
In January, The US Collecy is USA Upheld Protects Americans from the Act Controlling Foreign Benefits (PAFACA), are commonly called “tire tires.” The tiktok makes the official announcement that will be dark on January 19.
Tikkok is covered with … then return online
Although the tickets are really off yourself down In the US when the action is applied, it is shortly. App come back online less than 12 hours later. The platform is noted, “as a result of Trump President attempts, Tiktok is back in the US”
Where are we now
On January 20thTrump entered the executive order that posts the banfet of tickets for 75 days. This extension provides additional apps to sell stake on the platform or achieve agreement with Trump. The purpose is to achieve 50-50 ownership arrangements between ByteDeDance and US companies.
There is no definite deal for sale to sell the platform, but we can find out soon.
Below is a list of investors and the company is rumored to be a potential US buyer. (Surprisingly, Elon Musk not in between.)
People’s budget for Tiktok
People’s budget for Tiktok is a consortium organized by the founder of the project liberty Frank McCourtThat is also a former Dodger Owner owner. The Securities Guggenheim Guggenheim and First Law Kirkland & Ellis help gather the offer. The main mission of folk bid to acquire the tikkok is privacy policy and data control, taking the open source approach.
Supporters involved include:
- Alexis Orange: The Reddit Co-Foreder is latest Tech Employers are involved in the people offer, take the role of strategic counsel.
- Kevin O’leary: Investors and Personality The famous television that is previously said Fox he is willing to buy a ticket for $ 20 billion. O’leary Join The folk offers on January 6th.
- Team Beers-Lee: InVéns in the world of Wide World support proposal because “the user must have the ability to control your own data,” workers-lee say in a statement.
- David Clark: Senior Research scientists in computer science mit and artificial intelligence laboratory, Clark has also named participants.
American Investor Consortor
Jesse TinsleyCEO and Founder of the Majkan.com, becoming a consortium of American investors. Months ago, Tinsley announced a $ 30 billion all cash offers to acquire the operating US of the US.
- David baszucki: Tinsley told you Bloomberg that Founder and CEO Roblox are participants.
- Nathan McCauley: Co-founder and CEO of Crypto Digital Anchorage Crypto has been confirmed that consume, Bloomberg reported.
Another party is interested
- Bobby kotick: Former CEO activation is Reported Interested to buy tiktok. With the experience that manages the main game company, the interest in the app can be driven by the potential to join games and social media.
- Steven Mnuchin: The former US Treasury secretary is when Trump Presidential term Recate again about the potential purchase of the tiktok.
- Oracle: The company before making an offer for tiktok in 2020. In front of the white house in the past, Oracle co-founder Larry Ellison He said to overcome 50% ownership “It seems like a good deal. ”
- Walmart: Giant Retail can also look at the tickets to improve on e-commerce, especially considering platform influences about consumer shopping behavior. Walmart First declare 2020.
- Microsoft: A giant giant before Alert in TiktokAnd Trump said that the company broke off the offer to buy the app.
- Rumble: Youtube alternative announced in x If you want to acquire the Tiktok and become a cloud technology partner.
- Perplexity ai: A AI search engine sends an offer of past month, According to CNBCSee rankings-.
The story has been updated after publications to include new parties are interested.
