What to know about TikTok’s uncertain future in the US and the people who want to buy it

TiktokIn the possession of the Chinese company bytedance, the focus of the controversies in the USA has been at the center for four years, since the concerns about the Chinese government may have potential user data. Only last month, the app in the USA experienced a temporary failure that made millions of users in tension before it was quickly restored.

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

Nevertheless, Tikke’s future remains uncertain, and a number of investors compete to buy the app. The platform’s US business could increase its evaluation $ 60 billionLike the Senior Vice President of CFRA Research, Angelo Zino.

Tikok Ban: What has happened so far

In order to fully understand this drama with high missions, we are first checked the timeline of Tikok’s turbulent relationship with the US government, which led to various legal battles and negotiations.

The drama started first in August 2020When Trump signed an executive regulation to ban transactions with the parent company bytedance.

A month later, Trump’s government tried to force Tikok’s US business to a company based in the USA. The leading competitors included Microsoft, Oracle and Walmart. A US judge temporarily blocked Trump’s Executive Order, which made it possible to continue operating Tikok during the legal dispute.

After the transition to Biden administration, more began to develop last year. The US representative house, In an overwhelming 360-58 voteSaid the legislation against Tikkok. On April 23, 2024, The Senate passed the bill.

Shortly thereafter, President Joe Biden Signed the invoice that had to be sold or banned after the Tikok. In response to Tikok sued the US governmentTo question the constitutionality of the ban and argue the app and its American users, their first amendments were violated. The company has consistently contested that it represents a security threat and claims that the data stored in the USA corresponds to all local laws.

Trump has a change in the heart

On December 27, 2024 Trump opposite Tikok’s potential ban in a court registration and said he could find a way to keep the app in the USA

In January, The Supreme Court of the United States Confirmed the protective Americans in front of opponents of abroad (Pafaca), which are generally referred to as the “Tikok ban”. Tikkok made a formal announcement that it would probably have to get dark on January 19.

Tikok is closed … then comes online again

Although Tikkok indeed make yourself silence In the United States, when the crime came into force, it didn’t take long. The app Came online again Less than 12 hours later. Tikkok resigned on the platform: “As a result of President Trump’s efforts, Tiktok is back in the USA”.

Where we are today

On January 20thTrump signed an executive order that postponed the Tikok ban for 75 days. This expansion offers the app additional time to either sell a participation in the platform or to achieve an agreement with Trump. His goal is to make a 50-50 owner agreement between bytedance and an American company.

In recent times, In early MarchTrump said reporters in discussions with four different groups that are interested in buying the platform. Pro Reuters.

No final deal has been completed for the sale of the platform, but we could find out very soon.

Below you will find a list of investor groups and companies that are supposedly potential buyers of TikKs US operations. (Surprisingly, Elon Muschus is not among them.)

The offer of the people for Tiktok

The offer of the people for Tiktok is a consortium organized by Project Liberty Founder Frank McCourtwho is also the former owner of Los Angeles Dodgers. The investment company Guggenheim Securities and the law firm Kirkland & Ellis contribute to compiling the offer. The main task of the popular offer to acquire TikTok is to prioritize priority and data control and to follow an open source approach.

The supporters involved include:

• Alexis Ohian: The Reddit co-founder is that Last Tech entrepreneur to join the offer of people and to take on the role of the strategic consultant. He joined March 3.

• Kevin O’Leary: A well-known investor and television personality who previously told Fox He was ready to buy Tikkok for $ 20 billion. O’Leary tied together People’s bid on January 6th.
• Tim Berners-Lee: The inventor of the World Wide Web supports the proposal because “users should have the opportunity to control their own data”, Berners-Lee said in an explanation.
• David Clark: Clark, a senior research scientist at the computer science and artificial intelligence laboratory, was also appointed participant.

American Investor Consortium

Jesse TinsleyThe CEO and founder of employer.com heads a consortium of American investors. Last month Tinsley A announced $ 30 billion all-cash offer Acquire TikToks US operations.

• David Baszucki: Tinsley told Bloomberg That the co -founder and CEO of Roblox is participant.
• Nathan McCauley: Bloomberg reported that the co -founder and CEO of Crypto Platform will take part in the consortium.

Other interested parties

• Bobby Kotick: The former CEO of Activision is Reports Interested in buying Tiktok. With his experience with the management of a large playing company, his interest in the app could be determined by the potential to integrate games and social media.
• Steven Mnuchin: The former US finance minister, who served during the first term of office of President Trump reproduced discussions About the potential purchase of Tiktok.
• Oracle: The company previously made an offer for Tiktok in 2020. In front of the White House in January, Oracle co-founder Larry Ellison To Trump said that 50% property “seemed to be good business. “” The information reported In March this Oracle is the best choice to serve as a cloud technology partner to run Tikok in the USA,
• Walmart: The retail giant could also observe Tikok to improve its reach in e-commerce, especially in view of the influence of the platform on the shopping behavior of consumers. Walmart The first interest in 2020 expressed for the first time.
• Microsoft: The technology giant has before Interest in the acquisition of TiktokAnd Trump mentioned that the company recently re -entered the offer for the purchase of the app.
• Rumble: The YouTube alternative announced on X that it wants to acquire Tikok and act as a cloud technology partner.
• Confusion AI: The AI ​​search engine start submitted an offer last month. According to CNBC.

The story was updated after the publication to record new interested parties.