Everyone wants MrBeast on their TikTok bid
The platform is in need of saving in the United States, where approximately 170 million people have TikTok accounts. On Friday, the U.S. Supreme Court upheld a federal law that will ban the platform on Jan. 19 unless TikTok’s China-based owner ByteDance divests its U.S. operations.
Jimmy Donaldson, better known as MrBeast, has teamed up with Employer.com CEO Jesse Tinsley and other investors in an all-cash offer for the social platform.
Speculation is rising around MrBeast's bid in buying TikTok, but Kevin O'Leary remains firm that his $20 billion offer is the "only" one that has the coding and technology capabilities.
Frank McCourt’s Project Liberty and other investors have submitted a bid to buy TikTok from China-based ByteDance after a court-ordered divestiture or shutdown.
When the world's most anticipated game of corporate musical chairs began with Shark Tank's Kevin O'Leary being a key player, internet sensation MrBeast threw his hat into the ring.
Will TikTok find a way to remain legal in the U.S. under a new ownership structure? A range of possible new owners for TikTok in the U.S. — including MrBeast, Elon Musk and Oracle founder Larry Ellison — have emerged as a federal law banning TikTok in the country went into effect this Sunday,
With the future of popular social media app TikTok on the line, a number of potential buyers have come out of the woodworks to potentially snap up the platform — and its 170 million monthly U.S. users.
U.S. businessman Frank McCourt is open to teaming up with other buyers on a bid to take over the U.S. operations of TikTok as long as he can maintain control of the asset, he told Reuters at the Davos event on Thursday.
After the bipartisan TikTok law was signed by former President Joe Biden in April, ByteDance said it did not have plans to sell the platform and fought the statute in court for months. China also rebuked Washington over the divestment push, though more recently it appears to be softening its stance.
Potential buyers for TikTok US include MrBeast, Kevin O'Leary, Frank McCourt's Project Liberty and Perplexity AI, who bid a merger instead of a sale,
" With discussions circulating about potential deals, here’s what you need to know about the top contenders to buy and “save” TikTok in the U.S. Listed by Forbes as the world’s richest person, Tesla and SpaceX owner Elon Musk has found his name used widely among those discussing potential TikTok buyers.