Content creator Jimmy Donaldson, known on the Internet as MrBeast, has made it clear he is interested in buying TikTok. Donaldson has the most subscribers of any user on YouTube— over 340 million—and boasts over 113 million TikTok followers.
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.
A ByteDance board member said the company seeks to find an alternative to selling TikTok US while allaying national security concerns.
A board member at TikTok’s parent company said that a deal to save the app from disappearing in the United States will be done soon.
ByteDance’s substantial shareholder General Atlantic had its CEO Bilford said he was confident that an agreement can be reached to allow TikTok to stay in the US, and said there may be options that do not require divestment.
BYTEDANCE is exploring a deal to keep TikTok running in the US without selling its operations there, according to board member Bill Ford. Read more at The Business Times.
The deal would involve a change of control on a local level. ByteDance currently has until April 5, 2025 to divest its stake in TikTok to a
TikTok's future remains uncertain as ByteDance weighs options, while high-profile investors consider potential bids.
According to a ByteDance board member, he thinks that the TikTok ban in the US can be resolved without having to sell the company.
NEW YORK – ByteDance is exploring a deal to keep TikTok running in the US without selling its operations there, according to board member Bill Ford.
Content creator Jimmy Donaldson, known on the Internet as MrBeast, has made it clear he is interested in buying TikTok. Donaldson has the most subscribers of any user on YouTube— over 340 million—and boasts over 113 million TikTok followers.