The Chinese agency Bidance -owned Tikatok Chinese government is now at the center of controversy in the United States for four years due to concern about the potentially accessible user data.
Earlier this year, the app had experienced a temporary confusion in the United States that had dropped millions of users in suspense before a speedy recovery. Tiktok returned to the App Store and Google Play Store in February.
Nevertheless, the future of Tiktok remains uncertain and the second possible second sanctions on April 7 are declining. Several investors are competing for the opportunity to buy the app and if there is a contract, the evaluation of the US business on the platform may be further upward $ 60 billionAngelo Jino, senior vice president of CFRA Research, is estimated.
Tikatok is banned: What has been done so far
To fully understand this high-level drama, we will first visit the timeline of Tiktok’s turbulent relationship with the US government, resulting in various legal battles and discussions.
The play was first started in August 2021, when Trump signed an executive order to ban transactions with the parents’ company bidance.
A month later, Trump’s administration tried to force Tickets’ US activities at a US -based organization. Microsoft, Oracle and Walmart were among the top competitors. However, the US judge temporarily blocked Trump’s executive order, allowing Tikatok to operate when the legal war was published.
Last year issues began to make more progress after the change in the administration of the Biden. The US House of Representatives pass the law against the ticket by a vote of overwhelming 3605-6. On April 23, 2024, the Senate passes the bill.
Within a short period of time, President Joe Biden signed the bill to sell or ban Tickets. In response, Tickets have sued the US government, challenged the constitutionality of the sanctions and argued the app and its American users were violating their first amendment rights. The company has consistently denied that it has created a security threat, emphasizing that data stored in the United States complies with all local laws.
Trump’s heart has changed
December 27, 2024, Trump Opposition Tickets in the court filing the potential ban that he could find a way to keep the app in the United States was completely opposite his approach during his first president and presented an amazing turn for tickets.
In January, the US Supreme Court is expelled from foreign anti -controlled application law (PAFAAAAA), which is commonly known as “ticket restrictions”. Tiktok had a formal announcement that it would probably be dark on January 19.
Tickets are closed … then come back online
Although Tiktok actually shut down itself in the United States after the law came into effect, it did not last long. The app was back online after 12 hours. The platform mentions “as a result of President Trump’s efforts, Tiktok has returned to the United States”
Where are we today
On January 26, Trump has signed an executive order that has postponed Tiktok sanctions for 75 days. This extension provides the app to sell the platform partner or to reach an agreement with Trump. His goal is to achieve 50-50 ownership arrangements between Bidance and a US company.
In early March, Trump told reporters that his administration was in talks with four different groups that were interested in buying the platform, ReutersThe More recently, Information Reported that Trump would like to declare Ticket America a company supported by American investors, which owns about 50% of the operation in the United States. Bidance is reported to be owned by 19.9%.
Until now, no specific agreement has been reached for the sale of the platform, but we will know it soon.
Below is a list of investing groups and agencies that rumors to be a potential buyer of Tiktock’s US activity. (Surprisingly, Elon musk is not in them))
Ticket
Ticket The founder of the Project Liberty is a consortium organized by Frank McCort, a former owner of Los Angeles Dodgers. Investment agencies are helping to combine the Googenhim Security and Law Agency Kirkland and Alice Bid. The main goal of the people’s bid to achieve the ticket is to give priority to privacy and data control by adopting an open source system.
Among the supporters involved are:
- Alexis Ohanian: Reddit became co-founder Very recent Technology entrepreneurs to join the bid of the people by taking the role of strategic adviser. He has joined March 3.
- Kevin O’Lari: Before a well -known investor and television personality who before Stated Fox she was willing to buy ticktok for $ 20 billion. O’Lear Joining People’s bid January January.
- Tim Burners-Lee: The inventor of the World Wide Web supports the proposal because “users should have the ability to control their own data,” Berners-Lee D In a statement.
- David Clark: Clark, a senior research scientist at the MIT Computer Science and Artificial Intelligence Laboratory, has also been nominated as a participant.
American investor consortium
Employer.com CEO and founder Jesse Tinsley is leading a consortium of American investors. Tinsley announced $ 30 Billion All-Nagad Offer To achieve the US activity of Tickets.
- David Baszuki: Tinsley said Blomberg That roblox co-founder and CEO is a participant.
- Nathan McKle: Bloomberg said the Crypto platform Ankarez Digital’s co-founder and CEO were confirmed to participate in the consortium.
Other interested parties
- Amazon: The e-commerce giant is the most recent company that has reported to be thrown into its hat.
- Applevin: Mobile Technology Company Report Steve Win, who created several well -known casinos of Las Vegas, has created a bid for Tikatok.
- Bobby Katik: Former chief executive officer Report Interested in buying a ticket. With the experience of managing a large gaming company, his interest in the app can be driven by the possibility of integrating gaming and social media.
- Microsoft: The Tech Giant had previously shown interest in achieving tickets and Trump noted that the company had recently re -entered bidding to purchase the app.
- Oracle: The company had earlier bid for Tickets in 2021. Oracle co-founder Larry Elison told Trump in front of the White House in January that 5% owned “Seemed like a good dealThe “The information reported in March that Oracle is the top choice of working as a part of the Cloud Technology to help Tickets to run in the United States
- Confusion AI: AI Search Engine Startup has also submitted a bid, According to the CNBCThe
- Rumble: YouTube option Declared at x It wants to achieve the tikatok and serve as part of its cloud technology.
- Steven Munuchin: The former US Treasury Secretary, who served in the first term of President Trump, remains Re -discussion About the potential purchase of the ticket.
- Walmart: The retail monster can also monitor the ticket to reach e-commerce, especially considering the impact of the platform on consumer shopping behavior. Walmart First expressed interest in 2020.
- Hug: Social Media Startup, Founder Founder Tim Stockeys co-founded, Pair To submit a late-laden proposal to buy US activities with the HBAR Foundation.
The story has been updated after publishing the story to include new interested parties.