What will happen to Tiktok? A look at potential buyers.

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Tiktok may return online, but the future of the application in the United States is still far from secure. President Donald Trump’s executive order The ban was only a temporary restoration of the company.

While Bytedance has once been resilient to the idea of ​​selling Tiktok’s business in the United States, this has changed since Trump took office. Bytedance investor The fact that the conclusion of a Tiktok detention transaction in the United States is “in the interest of everyone.” Officials in China also suggested they were “open” to a deal, The Wall Street JournalS

A number of people and companies have signaled to some interest in Tiktok. Trump himself He would like to see a “bidding war” for the application and the US government must own in the company. However, it is not clear what a possible deal may look like. These are the offers we currently know about. Trump’s executive order gave the company 75 days to reach an agreement.

NPR This Oracle worked with Trump administration employees on Tiktok’s Rescue Plan, which includes the eavesdropping of the Oracle software company and a group of external investors to take effective control over the global application operations. A share of minorities in the company “, but Oracle will control the” application algorithm, collect data and updates of the software “.

Refined by Trump Pal Lari Ellison, Tiktok has an existing partnership with Oracle. The cloud company Tiktok’s user data and company were In the initial Tiktok negotiations, remain functioning in the United States according to a plan called Project Texas. (These negotiations sharply in 2022)

Trump also earlier For Oracle and Walmart, to acquire a 20 -percent stake in Tiktok in 2020, when the president tried to ban the application during his first term. This transaction never happened. Now Trump’s position for Oracle is unclear. He This Oracle was not among the “many people” with which he had discussed a deal for Tiktok. (Elison, more special, has been in the White House in recent days. He joined Trump and Openai Executive Director Sam Altman for the announcement of .)

Microsoft is also reported to be interested in a game in the future of Tiktok, according to the same NPR story, which said Microsoft is among the “other potential investors” involved in conversations with Oracle. Trump at first glance confirmed this. Asked directly whether Microsoft is interested in buying Tiktok this week, Trump “I would say yes.

As with Oracle, this is not the first time Microsoft has tried to acquire the social media company. Microsoft was in negotiations to buy tiktok and to take on his American business but the deal S Microsoft Satya Nadella Executive Director Later This as “the most sophisticated thing I’ve ever worked on.”

Just before Tiktok briefly comes out offline, the bewilderment AI threw his hat in the ring offering To be that it “would” create a new entity, combining bewilderment, Tiktok US and New Capital Partners. “

Since then, it has been reported that disturbance has changed its proposal. According to The AI ​​company is now sailing a plan calling for “The US Government to own up to half of this new structure after making an initial public offering of at least $ 300 billion.” Tiktok’s business without your own algorithm that nourishes what users see in the app. “

YouTuber Mrbeast, also known as Jimmy Donaldson, jokes to buy tiktok before the initial ban. He later The fact that “so many billionaires” turned to him to make an offer that he would try to pull him.

At least one group already has His participation, along with other “high value people” who want to make a “offer for all money”. This group, led by employer.com, Jesse Tinsley, also includes Roblox CEO David Bazuki. According to Bloombergtogether they have collected “significantly” more than For an offer, although it is not clear how seriously their proposal is considered. Bloomberg It notes that there is also an opportunity for MrBeast to attach to other offers.

Another set of investors offered an offer to buy Tiktok is a group known as S Led by investor Frank McCurt, he includes to Shark tank Glory. Initially, the group came forward before the ban came into force. However, it is not clear where they are currently.

O’leary before This transactions with the participation of a state share may not comply with the law. “This 50/50 deal, I would be glad to work with Trump, so any other potential buyer … But the problem with some of these ideas is that they are contrary to the Supreme Court’s decision,” he said. “I would like to conclude a transaction if the law provides it, but I do not have the luxury of violating Congress order.”

This week he said that the deal “changed by hour”, writing to X, that Iit is clear to me now that we will have to dance between the original owners, the founders of the Bytedance itself and interpret the law of what the congress and the supreme The court has supported. “

So where does all this leave Tiktok? So far the company is in the same limb as it was as it was briefly S The app is not yet available in Apple or Google app stores and can be reduced again if the company is unable to reach a deal.

For now, however, it seems both the government and the graphics are much more likely to negotiate than they were in the past. Although these are all the semi -credential plans we know now, the situation is likely to change over the next few weeks, as different countries are trying to kill a viable deal. We will keep this post updated when new details appear.

This article originally appeared on Engadget at https://www.engadget.com/social-media/what-wap-happen-to-tiktok-a-look-the-potential-uyers-000110723.html?src= RSS

 
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