• Home
  • Business
  • Who Will Own TikTok? Big Names Rush In As US Deadline Nears
Image

Who Will Own TikTok? Big Names Rush In As US Deadline Nears

TikTok’s fate in the U.S. hangs in the balance as the April 5 deadline approaches. The Biden administration has ordered ByteDance, TikTok’s Chinese parent company, to sell the app or face a ban—but will a deal actually happen?

From tech giants to unexpected bidders, here’s what we know about the potential buyers and why this sale is so complicated.


Why TikTok Must Sell (Or Face a Ban)

  • The U.S. government sees TikTok’s ties to China as a national security risk.
  • ByteDance denies sharing data with Beijing, but lawmakers remain unconvinced.
  • The biggest hurdle? TikTok’s algorithm—its secret sauce for keeping users hooked.
    • Without it, the app loses its competitive edge.

Who Wants to Buy TikTok?

  1. Tech Giants & Investors
    • Amazon reportedly expressed interest (but won’t confirm).
    • Oracle (already handles TikTok’s U.S. data) is part of a consortium bid.
    • Perplexity AI (backed by Jeff Bezos) has a “vision” for a U.S.-run TikTok.
  2. The Wildcard Bidders
    • OnlyFans founder Tim Stokely (yes, that OnlyFans).
    • Frank McCourt (wants to scrap TikTok’s algorithm for a more open model).
    • MrBeast (rumored to be approached as a potential “face” of a bid).
  3. Trump’s Picks
    • Donald Trump has name-dropped Elon Musk and Microsoft (which failed to buy TikTok in 2020).

Will ByteDance Actually Sell?

  • TikTok insists it won’t shut down—expect a deal or deadline extension.
  • ByteDance may refuse, forcing a legal battle over a U.S. ban.
  • Vice President Vance is optimistic, hinting a deal is close.

What Happens Next?

User impact—170 million U.S. users could lose access unless a deal is struck.

April 5 deadline—if no sale, TikTok could be blocked in app stores.

Legal challenges—TikTok may sue to delay or overturn the ban.

Releated Posts

Elon Musk’s $1 Trillion Tesla Deal Sparks Excitement and Controversy

Tesla shareholders have approved Elon Musk’s massive pay package, valued at nearly $1 trillion, in a historic decision…

ByByNipuni TharangaNov 7, 2025

Will AI Replace Human Call Centres? The Future of Customer Service

Artificial Intelligence (AI) is changing the way businesses handle customer service. But will it completely replace human call…

ByByNipuni TharangaNov 6, 2025

Amazon Cuts 14,000 Jobs as AI Reshapes the Future

Amazon has officially announced plans to reduce its global corporate workforce by around 14,000 roles. The company says…

ByByNipuni TharangaOct 28, 2025

Why Pizza Hut Lost Its Slice of Success

Pizza Hut was once a favorite family hangout – famous for its all-you-can-eat buffet, unlimited salad bar, and…

ByByNipuni TharangaOct 27, 2025

Leave a Reply

Your email address will not be published. Required fields are marked *