ByteDance, TikTok’s parent company, is required to sell the app to a U.S.-based buyer or face a nationwide ban.
TikTok resumes operations in the U.S. after President-elect Trump promises a 90-day extension to the divest-or-sell law, marking a significant shift in the platform's fortunes and potentially impacting U.
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 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’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.
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.
TikTok is difficult to value. Keeping those complications in mind, Forbes spoke with at least nine people and came up with these different scenarios.
Investing.com -- Wedbush analysts expect the Trump administration to delay the imminent TikTok ban, despite an anticipated Supreme Court ruling upholding the prohibition. The ban is set to take effect on January 19th, one day before President Trump’s inauguration.
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 ...
The Supreme Court, which last week heard ByteDance's challenge to the move ... managing director at Wedbush Securities, in an analyst note on Tuesday. "Given the strong and growing alliance ...
President Donald Trump said he is in favor of Elon Musk or Larry Ellison buying TikTok as he offered his latest thinking on what a deal might look like to save the US operations of the social media platform.