Donald Trump, the new President of the United States, is ready to give a 75-day extension for Bytedance to sell TikTok's operations in the United...
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by Glenn CHAPMANAs the clock ticks down on TikTok's 75-day reprieve from divesting from its Chinese owners or being banned in the United States, several contenders are in the running.Here's a look at who could save the app before the April 5 deadline.ALSO READ: Top GOPer's ‘most immediate’ priority for new committee includes probing a MAGA conspiracy- Elon Musk -While Musk hasn't publicly expressed interest in acquiring TikTok, his $44 billion acquisition of Twitter (now X) in 2022 demonstrates his appetite for social media investments.Musk has criticized the potential ban, arguing that "it is not just about TikTok, it is about censorship and government control!"His close relationship with the Trump administration and the US president's explicit openness to Musk as a buyer have fueled speculation the Tesla titan could sweep in and buy it.A report that Chinese officials were considering selling the company's US operations to Musk X was met with a firm denial from TikTok.- Larry Ellison -Oracle, led by Larry Ellison, already plays a crucial role in TikTok's US operations as its trusted data storage provider -- a relationship that dates back to previous negotiations during the first Trump administration.With Ellison's personal fortune of $207 billion -- ranking behind only Musk, Amazon's Jeff Bezos and Meta's Mark Zuckerberg, according to Forbes -- Oracle is frequently mentioned as a front-runner. Ellison is also a longtime Donald Trump ally.Currently, Oracle is key to keeping TikTok available to US users at the request of Trump.- Microsoft -US tech colossus Microsoft stands out as a compelling potential buyer, armed with deep pockets and significant technological capabilities in artificial intelligence and cloud computing.Asked late Monday if Microsoft was in discussion for acquiring TikTok, Trump told reporters: "I would say yes."While the company founded by Bill Gates has historically dominated in productivity and enterprise software, it has struggled to establish a strong presence in social media and search-based advertising.According to CFRA Research senior vice president Angelo Zino, Microsoft's interest stems from a desire to strengthen its position beyond LinkedIn, which it owns, in the digital advertising space.- MrBeast -Internet personality MrBeast, whose real name is Jimmy Donaldson, commands over 340 million YouTube subscribers and 113 million TikTok followers. He has joined forces with Recruiter.com Ventures founder Jesse Tinsley to pursue an acquisition."Okay fine, I'll buy TikTok so it doesn't get banned," Donaldson said in a mid-January post on X.Donaldson's casual tweet reportedly attracted serious attention from numerous billionaires. The group has made an all-cash offer that they claim addresses US national security concerns while preserving the platform's essence. - Project Liberty -Real estate and sports tycoon Frank McCourt's Project Liberty initiative has launched "The People's Bid for TikTok," in a campaign joined by investor Kevin O'Leary, known from the "Shark Tank" television show in which entrepreneurs pitch ideas in bids for venture capital.This unique approach includes a crowdfunding element aimed at giving individuals and small businesses a stake in TikTok's future. McCourt emphasizes their "clean, American-made tech stack" as a key differentiator that could enable a seamless transition.- Perplexity AI -The AI-powered search engine has proposed a unique merger structure that would allow ByteDance's investors to retain much of their equity while integrating more TikTok video content into Perplexity's platform, according to a CNBC report.- Steven Mnuchin -Steven Mnuchin, who served as US Treasury Secretary during Trump's first term as president, announced last year that he was amassing investors to bid for TikTok.When asked about the effort recently on CNBC's Squawk Box program, Mnuchin said it was put on hold because ByteDance would not negotiate but that they were going to be following developments closely.- No deal? -"The real question though is will TikTok sell to any of them," independent tech analyst Rob Enderle said of the situation.TikTok does not appear overly motivated regarding the sale of the app, and Chinese firm DeepSeek's AI chatbot has grabbed the tech community's attention -- potentially taking the spotlight off TikTok.
Donald Trump, the new President of the United States, is ready to give a 75-day extension for Bytedance to sell TikTok's operations in the United...
By Marina Yue Zhang and Wanning Sun While Western media outlets seem to have been obsessed with the unexpected launch of DeepSeek on 20 January,...
Another entity has entered the race to take over TikTok US from Bytedance. Recently, Perplexity AI, which develops chatbots and an artificial...
Donald Trump, the President of the United States, has now shared with reporters that Microsoft is in talks to acquire TikTok's US operations. However,...
Microsoft is back at the negotiation table to acquire the US operations of TikTok, according to President Donald Trump. This comes after previous...
Microsoft is in talks to acquire TikTok, US President Donald Trump has said, suggesting a "bidding war" on the sale of the Chinese social media app.
US President Donald Trump has said Microsoft is in discussions to acquire TikTok and that he would like to see a “bidding war” over the sale of...
Bytedance was given a 75-day extension to sell its TikTok business in the United States through an executive order issued by President Donald Trump...
WAYNE KUBLALSINGH ARE YOU familiar with people who suffer from hallucinations? Like paranoid people, or those on LSD and other narcotics? Who hear...
US President Donald Trump said Monday that Microsoft is in talks to acquire TikTok, while the app’s future in the country faces uncertainty. TikTok...