As TikTok's deadline to divest from its Chinese owners looms, several potential buyers have emerged. Elon Musk, with his interest in social media, Oracle, a long-time partner of TikTok, Microsoft, seeking to expand its digital advertising presence, and internet personality MrBeast have all been mentioned as possible contenders. Other bids include Project Liberty, a group led by Frank McCourt, and an AI-powered approach from Perplexity.
The clock is ticking down on TikTok’s 75-day reprieve from divesting from its Chinese owners or being banned in the United States.75-day reprieve from divesting from its Chinese owners or being banned in the United States, several contenders are in the running.While South Africa-born Musk hasn’t publicly expressed interest in acquiring TikTok, his $44 billion acquisition of Twitter in 2022 demonstrates his appetite for social media investments.
A report that Chinese officials were considering selling the company’s US operations to Musk X was met with a firm denial from TikTok.Oracle chairman Larry Ellison has been a longtime supporter of US President Donald Trump © Andrew Harnik / AFP Asked late on Monday if Microsoft was in discussion for acquiring TikTok, Trump told reporters: “I would say yes.”
This unique approach includes a crowdfunding element aimed at giving individuals and small businesses a stake in TikTok’s future.The AI-powered search engine has proposed a unique merger structure that would allow ByteDance’s investors to retain much of their equity while integrating more TikTok video content into Perplexity’s platform, according to a CNBC report.
TIKTOK BUYER UNITED STATES ELON MUSK ORACLE MICROSOFT
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