What do we know about the uncertain future of Ticktock in the United States and the people who want to buy it

TiktokThe property of Chinese company Bytedance has been at the center of the US dispute for four years due to fears about consumer data potentially accessible by the Chinese government. Earlier this year, the app under the United States, which left millions of users in tension before it was quickly recovered.

Tiktok returned to the App Store and Google Play Store in February.

Nevertheless, the future of Tiktok remains uncertain, and the potential second ban on April 5 is outlined. A number of investors compete for the opportunity to purchase the app and if the deal will pass, the US Platform Business may have an estimate to increase to increase $ 60 billionAs calculated by the senior Vice President of CFRA Research, Angelo Zino.

Tiktok Prohibition: What happened so far

In order to fully understand this high -bet drama, we will first review Tictoc’s turbulent line with the US government, which has led to various legal battles and negotiations.

The drama first started at August 2020When Trump signed an enforcement order to ban transactions with the parent company bytedance.

A month later, the Trump administration tried to sell Tiktok’s US operations to an American company. Leading contenders included Microsoft, Oracle and Walmart. However, an American judge temporarily blocked Trump’s executive order, which allows Tittok to continue working until the legal battle unfolds.

Things began to progress even more last year after the transition to the Biden administration. The House of US Representatives, At the prevailing 360-58 votesadopted the legislation against Tiktok. On April 23, 2024, The Senate adopted the bill.

Shortly thereafter, President Joe Biden Signed the account requiring Tiktok to be sold or prohibited. In response, Ticktock filed a case against the US GovernmentThe challenge of the constitutionality of the ban and the reasoning of the application and its US consumers violate their first amendment rights. The company constantly denies that it pursues a security threat, claiming its data stored in the US is compliant with all local laws.

Trump has a change in the heart

On December 27, 2024 Trump against Tiktok’s potential ban on court files, stating that he could find a way to keep the app in the US, this position was a great contrast to his approach during his first Presidency and presented a surprising reversal of Tiktok events.

In January, US Supreme Court Notify the Act of Protection of Americans from foreign opponents of controlled applications (Pafaca), which is commonly called the “ban on Tiktok”. Tiktok made an official announcement that it would probably have to get dark on January 19th.

Tiktok shuts down … then returns online

Although really tictoc Close In the US, when the act comes into force, it did not last long. Application Returned online Less than 12 hours later. The platform noted: “As a result of the efforts of President Trump Ticktock returns to the United States”

Where are we today

On January 20Trump signed an enforcement order that postponed Tiktok’s ban for 75 days. This extension provides the application with extra time either to sell a stake in the platform or to reach an agreement with Trump. Its purpose is to reach an agreement on the property 50-50 between Bytedance and an American company.

Just recently, In early MarchTrump told reporters that his administration is negotiating with four different groups that are interested in buying the platform, ReutersS

The final deal has not yet been achieved to sell the platform, but we can find out soon.

Below is a list of investor groups and companies that happen as potential buyers of Tiktok operations in the United States. (Surprisingly, Elon Musk is not among them.)

People’s offer for tiktok

People’s offer for tiktok is a consortium organized by the founder of Project Liberty Frank McCurtwho is also former Los Angeles Dodgers owner. The investment company Guggenheim Securities and the Kirkland & Ellis Law Firm help assemble the offer. The main mission of people’s application to acquire Tiktok is to prioritize the privacy and data control, using an open source approach.

Participating supporters include:

• Alexis Ohanian: Reddit co -founder is most recently The technical entrepreneur to join the offer of the people by taking on the role of a strategic advisor. He joined March 3.

• Kevin O’Liri: A well -known investor and a television person who previously to say Fox he was ready to buy Tiktok for $ 20 billion. O’leary affiliated People’s offer on January 6th.
• Tim Berners-Li: The inventor of World Wide Web supports the proposal as “users must have the ability to control their own data”, Berners-lee said in a statement.
• David Clark: A senior scientific scientist in the Laboratory of Computer Science and Artificial Intelligence of MIT, Clark has also been declared a participant.

Consortium for US investors

Jesse TinsleyThe Executive Director and founder of the employer.com, runs a consortium of US investors. Last month Tinsli ads a 30 billion dollars offer for all money To acquire Tiktok operations in the United States.

• David Bazuki: Tinsley said Bloomberg that the co -founder and CEO of Roblox is a participant.
• Nathan McCouley: The co -founder and CEO of Crypto Platform Anchorage Digital has been confirmed to participate in the consortium, Bloomberg reported.

Other stakeholders

• Amazon: E-commerce giant is the latest company reported to throw his hat in the ring.
• Bobby Cottic: The former CEO of Activision is According to messages I’m interested in buying tiktok. With his experience of managing a large game company, his interest in the app can be conditioned by the potential to integrate games and social media.
• Stephen Mnuchin: Former US Finance Minister who served during President Trump’s first term of office has Discussions included for the potential purchase of Tiktok.
• Oracle: Previously, the company made an offer for Tiktok in 2020 in front of the White House in January, co -founder of Oracle Larry Elison told Trump that 50% owned “It looked like a good dealS “The information reported In March, this Oracle is the best choice to serve as a partner for Tiktok’s cloud support technology to launch in the United States
• Walmart: The retail giant can also watch Tiktok to improve its range of e -commerce, especially given the impact of the platform on consumer shopping behavior. Walmart First expressed interest in 2020
• Microsoft: The technical giant had previously had shown interest in acquiring tiktokAnd Trump mentioned that the company recently entered the bidding to buy the app.
• Rumble: YouTube alternative Declared on x that he wants to acquire Tiktok and serve as his partner for cloud technology.
• Perplexity AI: Starting the AI ​​search engine filed an offer last month, According to CNBCS

The story has been updated after posting to include new stakeholders.