
Trump says he has a buyer lined up for TikTok
Trump said a “group of very wealthy people” intends to buy TikTok.
Trump said a “group of very wealthy people” intends to buy TikTok.
Vice President JD Vance told reporters Friday there will “almost certainly” be some kind of agreement before Trump’s block on the TikTok ban expires April 5.
President-elect Donald Trump has suggested he would delay the ban following his return to the White House.
Meanwhile, Snap is poised to capitalize, while other popular Chinese apps like RedNote may be newly scrutinized.
Justices shot down concerns from the app and content creators that the law violates their First Amendment rights.
In response to the TikTok ban, many users are flocking to Rednote, the popular Chinese app also known as Xiaohongshu—what’s driving the trend?
TikTok is difficult to value. Keeping those complications in mind, Forbes spoke with at least nine people and came up with these different scenarios.
Reports about Chinese officials eyeing Musk as the buyer of TikTok’s U.S. operations are “not a total shock” given Musk’s relationship with Trump, says Wedbush analyst Dan Ives.
McCourt sold the Los Angeles Dodgers for a hefty sum in 2012. Here’s how he’s been building his business and media empire since, and setting up a consortium to purchase TikTok.
Oracle stock slumped as TikTok’s U.S. data host was affected by the prospect of a ban of the social media app, slicing $10 billion from Larry Ellison’s net worth.