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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.

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