Other potential buyers include the philanthropist Frank Mccourt ’s Project Liberty, which is raising capital to make a bid for TikTok in order to “rearchitect the platform” and protect user data. McCourt is a billionaire who previously owned the Los Angeles Dodgers baseball team. The project is supported by the social psychologist Jonathan Haidt.
Bill Ford, the CEO of ByteDance shareholder General Atlantic, said Wednesday he was confident that a deal will be reached to ensure TikTok stays online in the US — and suggested there may be
Earlier this month, Bloomberg reported that China was considering a TikTok sale to Elon Musk, the world's richest man and a close ally of President Trump, who already owns the social media platform X.
ByteDance, to sell American TikTok assets so it can keep operating in the United States. The president said he’s also open to another tech giant to acquire TikTok: Larry Ellison, co-founder of ...
Oracle chair Larry Ellison delivers a keynote address during the 2019 Oracle OpenWorld on September ... [+] 16, 2019 in San Francisco. Perplexity AI submitted an offer to ByteDance to merge the ...
President Trump indicated that he would be open to Tesla CEO Elon Musk or Oracle CEO Larry Ellison buying TikTok.
At a press briefing on Tuesday, President Trump suggested that he’s open to the idea of Elon Musk or Larry Ellison buying TikTok.
WASHINGTON – General Atlantic CEO Bill Ford said on Wednesday that a deal would get done to save TikTok in the U.S. after President Donald Trump signed an executive order that halted a ban on the app for 75 days.
TikTok owner ByteDance is reportedly still searching for non-sale options to stay in the US after the Supreme Court upheld a national security law requiring that TikTok's US operations either be shut down or sold to a non-foreign adversary.
He previously floated a joint venture, saying that the US should be entitled to half of the app.
Last year, then-President Joe Biden signed a law that gave TikTok's China-based parent company ByteDance until 19 January to sell the platform or face a ban in the United States. The legislation addressed concerns about TikTok's links to the Chinese ...
President Donald Trump said he would be open to billionaire supporter Elon Musk or Oracle Corp. Chairman Larry Ellison purchasing social video app TikTok as part of a joint venture with the US government.