MrBeast is in talks to join a number of bids to buy TikTok, but he hasn't chosen any of them exclusively yet. © 2024 TechCrunch. All rights reserved. For personal use only.
Frank McCourt revealed plans to include Jimmy Donaldson, better known as MrBeast, in his $20 billion bid to acquire TikTok’s U.S. arm.
Speculation is rising around MrBeast's bid in buying TikTok, but Kevin O'Leary remains firm that his $20 billion offer is the "only" one that has the coding and technology capabilities.
After the bipartisan TikTok law was signed by former President Joe Biden in April, ByteDance said it did not have plans to sell the platform and fought the statute in court for months. China also rebuked Washington over the divestment push, though more recently it appears to be softening its stance.
The platform is in need of saving in the United States, where approximately 170 million people have TikTok accounts. On Friday, the U.S. Supreme Court upheld a federal law that will ban the platform on Jan. 19 unless TikTok’s China-based owner ByteDance divests its U.S. operations.
Will TikTok find a U.S. buyer to remain legal? After Trump vowed to make a deal to save the app, MrBeast has emerged as part of a joint bid.
With the future of popular social media app TikTok on the line, a number of potential buyers have come out of the woodworks to potentially snap up the platform — and its 170 million monthly U.S. users.
MrBeast joins a long list of interested TikTok buyers including billionaire Elon Musk and Oracle founder Larry Ellison. Billionaire Frank McCourt, who runs the internet advocacy group Project Liberty has also publicly expressed his interest in the opportunity,
TikTok got removed from the App Store, so people can’t download it anymore. If you already have it on your iPhone, you’re lucky! People are selling these phones for lots of money on eBay.
Own the Creative is a community-driven movement founded by NYU alumnus Adam Juegos, an award-winning filmmaker and early YouTube influencer who helped popularize the "unboxing" trend. Its mission is to secure majority ownership of TikTok for creators and users, ensuring equitable revenue-sharing, decision-making, and data privacy.
U.S. businessman Frank McCourt is open to teaming up with other buyers on a bid to take over the U.S. operations of TikTok as long as he can maintain control of the asset, he told Reuters at the Davos event on Thursday.