WASHINGTON – General Atlantic CEO Bill Ford said on Wednesday that a deal would get done to save TikTok in the U.S. after President Donald Trump signed an executive order that halted a ban on the app for 75 days.
US President Trump has suggested that Elon Musk should buy TikTok with a government partnership. Here are all the details on this.
As the Jan. 19 date for a TikTok ban approaches, another name is emerging as a potential buyer: SpaceX and Tesla CEO Elon Musk, who already owns X.
The president said he’s also open to another tech giant to acquire TikTok: Larry Ellison, co-founder of Oracle. Ellison was present at the White House for a $500 billion AI infrastructure partnership between the Trump administration and OpenAI, Softbank and Oracle. Oracle, a software company, houses most of TikTok's servers
Donald Trump just issued an executive order that gives popular social media giant TikTok just 75 days to consider selling ownership rights to a potential US buyer. While Trump did express his desire for both Tesla CEO Elon Musk and Oracle Chairman Larry Ellison as top picks for buyers,
A recent report claimed that Elon Musk might purchase TikTok to keep the available in the US. Bytedance refuted those claims.
Buying TikTok would further solidify Musk's position as one of the most powerful men in the U.S. and the world.
President-elect Donald Trump, who once called to ban TikTok, has since pledged to keep it available in the U.S.
Reports about Chinese officials eyeing Musk as the buyer of TikTok’s U.S. operations are “not a total shock” given Musk’s relationship with Trump, says Wedbush analyst Dan Ives.
TikTok denied a report that China is exploring a sale of the app to Elon Musk to keep TikTok operational in America amid a looming U.S. ban.
ANALYSIS: The chaotic unbanning of TikTok signals a new political fusion between corporate power and American authoritarianism — and Silicon Valley stands eager to serve, writes Io Dodds
As a last resort, the platform is preparing for a total shutdown Sunday, the day a U.S. ban is set to go into effect if the Supreme Court doesn’t overrule it.