Business and Finance
Business and Finance
Who Might Buy TikTok? From MrBeast to Elon Musk, Here Are the Top Contenders
- 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.
The article from Time magazine discusses the potential buyers of TikTok, following the U.S. government's push for its Chinese parent company, ByteDance, to divest the app due to national security concerns. Potential buyers include tech moguls and companies like Microsoft, which previously attempted to buy TikTok, and Oracle, which was involved in a deal to manage its U.S. operations. Billionaires like Elon Musk, known for his interest in social media platforms, and Steven Mnuchin, former U.S. Treasury Secretary, have also expressed interest. Additionally, there's speculation about other tech giants like Apple or Amazon, though they might face regulatory hurdles. The article also mentions the possibility of a group of investors or a new entity formed by former TikTok executives. The complexity of the deal involves not just the financial aspect but also data privacy, national security, and the platform's unique algorithm, making the acquisition a challenging endeavor.
Read the Full Time Article at:
[ https://time.com/7209861/who-will-buy-tiktok-meet-contenders-mrbeast-elon-musk-billionaires/ ]
Read the Full Time Article at:
[ https://time.com/7209861/who-will-buy-tiktok-meet-contenders-mrbeast-elon-musk-billionaires/ ]
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