• 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

Is Your Old Phone Harming Thailand? Here’s What You Should Know

In the shadowy corners of Thailand’s industrial zones, a troubling reality unfolds daily. Government inspector Thitipas Choddaechachainun and…

ByByNipuni TharangaJun 27, 2025

How China Made Electric Cars for Everyone

Electric cars are becoming the norm in China, not a luxury. For drivers like Lu Yunfeng and Sun…

ByByNipuni TharangaJun 25, 2025

Amazon Says AI Will Cut Jobs

Amazon CEO Andy Jassy has shared that artificial intelligence will change the way the company works – and…

ByByNipuni TharangaJun 18, 2025

Microsoft Cuts More Jobs to Focus on AI Future

Microsoft has eliminated over 300 additional positions just weeks after its largest round of layoffs in recent years,…

ByByNipuni TharangaJun 3, 2025

Leave a Reply

Your email address will not be published.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