Tiktok, owned by the Chinese company byTedance, is at the heart of the US controversy for four years now due to concerns about users who may have access to the Chinese government.
Earlier this year, the application was temporarily interrupted in the US that left millions of users in anxiety before it was quickly restored. Tiktok returned to the App Store and the Google Play Store in February.
However, Tiktok’s future remains uncertain and a possible second ban on April 5 is threatening. Some investors compete for the opportunity to buy the app and, if a deal was to pass, the US company could have the assessment of the upward appreciation $ 60 billionas estimated by the senior Vice President of CFRA Research, Angelo Zino.
Ban Tiktok: What happened so far
To fully understand this high -stage drama, we will first review the timetable of Tiktok’s hectic relationship with the US government, which has led to various legal battles and negotiations.
Drama began for the first time in August 2020, when Trump signed an executive order to ban transactions with the parent company byTedance.
A month later, Trump’s management tried to force Tiktok’s US businesses to a US -based company. The top candidates included Microsoft, Oracle and Walmart. However, a US judge temporarily prevented Trump’s executive order, allowing Tiktok to continue to operate, while the legal battle unfolded.
Things began to go even further last year after the transition to Biden administration. The House of Representatives of the United States, in an overwhelming 360-58 vote, passed the law against Tiktok. On April 23, 2024, the Senate passed the bill.
Shortly afterwards, President Joe Biden signed the bill that requires the sale or ban on Tiktok. In response, Tiktok sued the US government, questioning the constitutionality of the ban and arguing that the implementation and its US users were making the rights of the first amendment. The company has consistently denied that it is a threat to security, arguing that its stored data in the US is complying with all local laws.
Trump has a heart change
On December 27, 2024, Trump contrary The possible ban on Tiktok in an archive of the court, stating that he could find a way to keep the implementation in the US this stance was a strong opposition to his approach during his first presidency and presented a stunning series of events for Tiktok.
In January, the US Supreme Court confirmed protective Americans by law on external opponents (Pafaca), which is usually referred to as a “ban on Tiktok”. Tiktok made an official announcement that it should be darkened on January 19th.
Tiktok closes… then returns to the internet
Although Tiktok really closes in the US when the act came into force, it didn’t last long. The app returned online less than 12 hours later. The platform noted: “As a result of President Trump’s efforts, Tiktok returns to the US”
Where we are today
On January 20, Trump signed an executive order postponing the Tiktok ban for 75 days. This extension provides the application additional time either to sell a share on the platform or to reach an agreement with Trump. Its goal is to achieve a 50-50 ownership arrangement between Bytedance and an American company.
In early March, Trump told reporters that his administration was in talks with four different groups interested in buying the platform, per reuters. More recently, The information He said Trump intends to announce Tiktok America, a company backed by US investors holding about 50% of US companies. ByTedance will reportedly hold 19.9%.
From now on, a definitive agreement has not yet been reached for the sale of the platform, but we could learn very soon.
Below is a list of investors and companies rumored to be potential buyers of US US companies. (Paradoxically, Elon Musk is not between them.)
The offer of people to Tiktok
The offer of people to Tiktok It is a consortium organized by the founder of the Liberty Frank McCourt project, who is also the former owner of Los Angeles Dodgers. Investment Company Guggenheim Securities and the law firm Kirkland & Ellis contribute to assembling the offer. The main mission of people’s offer to acquire Tiktok is to prioritize privacy and data control by receiving an open source approach.
Supporters involved include:
- Alexis Ohanian: Co -founder Reddit is the more recent Tech Entrepreneur to participate in the contribution of people, taking on the role of strategic advisor. It joined March 3.
- Kevin O’Leary: A well -known personality of investors and television previously prescribed Fox was willing to buy Tiktok for $ 20 billion. Oblique united The offer of people on January 6th.
- Tim Berners-Lee: World Wide Web inventor supports the proposal because “users must be able to control their own data”, Berners-Lee said to a statement.
- David Clark: A senior research scientist in the MIT Informatics and Artificial Intelligence Laboratory, Clark has also been named participating.
American investor
Jesse Tinsley, chief executive and founder of employer.com, is leading a consortium of US investors. Tinsley announced a 30 billion dollars All-Cash Offer acquire the US businesses of Tiktok.
- David Baszucki: Said Tinsley Parachute that the co -founder and CEO of Roblox is a participant.
- Nathan McCauley: Co -founder and CEO of Crypto Platform Anchorage Digital has been confirmed to participate in the consortium, Bloomberg said.
Other parties concerned
- Amazon: The e -commerce giant is the latest company that said it is throwing its hat on the ring.
- Applovin: Mobile Technology Company referenced He made an offer for Tiktok, supported by Steve Wynn, who created many of the most famous casinos in Las Vegas.
- Bobby Kotik: Former Activision CEO is referenced You are interested in buying Tiktok. With his experience managing an important gaming company, his interest in the application could lead to the opportunity to integrate gambling and social media.
- Microsoft: The technological giant has previously shown interest in acquiring Tiktok, and Trump said the company recently reiterated the offer to purchase the application.
- Oracle: The company previously made an offer for Tiktok in 2020. In front of the White House in January, co -founder Oracle Larry Ellison told Trump that 50% of the property “looked like a good deal. “The information mentioned in March that Oracle is the top choice to serve as a cloud technology partner to help Tiktok run in the US
- AI embarrassment: Starting the AI search engine also submitted an offer, According to CNBC.
- Rumble: YouTube alternative announced to x That he wants to get Tiktok and serve as a cloud technology partner.
- Steven Mnuchin: Former US Finance Minister, who served during President Trump’s first term, has reviewed discussions About the possible purchase of Tiktok.
- Walmart: The retail giant could also monitor Tiktok to enhance its scope in e -commerce, especially taking into account the platform’s influence on consumer market behavior. Walmart It first expresses interest in 2020.
- Lively: The start of social media, co -founded by the founder of Onlyfans Tim Stokely, cooperated With the HBAR Foundation submitting a slow -stage proposal for the purchase of Tiktok American businesses.
The story has been informed after the publication to include new interested parties.
