Get the latest tech news
What to know about TikTok’s uncertain future in the US and the people who want to buy it
TikTok, owned by the Chinese company ByteDance, has been at the center of controversy in the U.S. for four years now due to concerns about user data As TikTok's future remains uncertain, a number of prominent moguls and companies are competing for the opportunity to purchase the app.
Image Credits: Mandel Ngan (opens in a new window)/ Getty ImagesOn December 27, 2024, Trump opposed the potential ban of TikTok in a court filing, stating he could find a way to keep the app in the U.S. In front of the White House last month, Oracle co-founder Larry Ellison said to Trump that 50% ownership “ seemed like a good deal.” Walmart: The retail giant could also be eyeing TikTok to enhance its reach in e-commerce, especially considering the platform’s influence on consumer shopping behavior. Microsoft: The tech giant has previously shown interest in acquiring TikTok, and Trump mentioned that the company has recently reentered the bidding to buy the app.
Or read this on TechCrunch
