‘Shark Tank’s’ Kevin O’Leary and billionaire Frank McCourt want to buy TikTok
5 days, 11 hours ago

‘Shark Tank’s’ Kevin O’Leary and billionaire Frank McCourt want to buy TikTok

CNN  

New York CNN — A group formed by billionaire entrepreneur and former Los Angeles Dodgers owner Frank McCourt has made a formal offer to buy TikTok from its China-based parent company, ByteDance. The group, which calls itself The People’s Bid for TikTok and is also backed by “Shark Tank”-famous investor Kevin O’Leary, said Thursday it had delivered a proposal to ByteDance to acquire TikTok’s US assets. In a filing to the Supreme Court — which argues that the law would violate the first amendment rights of the platform and its users — the company said the law “will take effect on January 19, 2025, shutting down TikTok for its more than 170 million monthly American users.” TikTok and ByteDance did not immediately respond to requests for comment about the McCourt group’s bid. “We look forward to working with ByteDance, President-elect Trump, and the incoming administration to get this deal done.” But many users and social media experts have questioned whether a sale that excludes the algorithm could be successful, given that the technology that decides what users see on their “For You” feeds is a major reason for the app’s popularity.

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History of this topic

TikTok ban: Will you be able to use app? How will it impact users? Who is buying the Chinese app? What we know so far
Top News
3 hours, 46 minutes ago

TikTok ban: Will you be able to use app? How will it impact users? Who is buying the Chinese app? What we know so far

Live Mint  

Is the TikTok social media app being banned in the United States? The US government passed a law last year that forced TikTok's Chinese owner, ByteDance, to either sell the wildly popular platform or shut it down. According to reports, the Supreme Court seems likely to uphold a law that would ban TikTok in the US beginning January 19 — …

Elon Musk to buy TikTok US? New report claims Chinese officials want Tesla CEO to…
10 hours, 44 minutes ago

Elon Musk to buy TikTok US? New report claims Chinese officials want Tesla CEO to…

Live Mint  

Chinese officials are exploring an option for Elon Musk to take over TikTok if the popular social media company fails to avoid a ban in the US, Bloomberg reports. Notably, TikTok's 170 million users could significantly improve Musk's position vis-a-vis advertisers and potentially help solve one of the biggest issues faced by his social media platform. US lawmakers urge Biden …

Social media users turn to Lemon8 and REDnote as US considers TikTok ban
11 hours, 50 minutes ago

Social media users turn to Lemon8 and REDnote as US considers TikTok ban

ABC  

If you're a regular TikTok user, you may have heard the names REDnote and Lemon8 in recent days. Downloads of the two social media apps have shot up as American TikTok users have scrambled to find a new vertical video platform. REDnote's app store blurb describes it as "a dynamic lifestyle platform for young people to share experiences, explore a …

Here’s what TikTok users are saying about the looming ban
Trending News
1 day, 11 hours ago

Here’s what TikTok users are saying about the looming ban

CNN  

CNN — TikTok creators and users are facing the reality that the popular short-video app will likely be banned in the United States. I might just put the phone down.” Creators bid farewell The TikTok ban could lead to a loss of income for creators, whose partnerships, monetization and followers aren’t guaranteed if they move to other platforms. “If we …

TikTok’s US future in limbo: Billionaire Frank McCourt’s Project Liberty proposes acquisition–Will ByteDance say ‘yes’?
1 day, 16 hours ago

TikTok’s US future in limbo: Billionaire Frank McCourt’s Project Liberty proposes acquisition–Will ByteDance say ‘yes’?

Live Mint  

TikTok is facing a potential ban in the United States due to national security concerns. Spearheaded by Project Liberty Founder Frank McCourt, The People’s Bid for TikTok has submitted a proposal to ByteDance to acquire TikTok’s US assets. “We’ve put forward a proposal to ByteDance to realize Project Liberty’s vision for a reimagined TikTok – one built on an American-made …

TikTok warns of broader consequences if US Supreme Court allows ban: Report
2 days, 22 hours ago

TikTok warns of broader consequences if US Supreme Court allows ban: Report

Live Mint  

The lawyer for TikTok and its Chinese parent company ByteDance offered a warning during Supreme Court arguments over a law that would compel the sale of the short-video app or ban it in the United States: If Congress could do this to TikTok, it could come after other companies, too. Noel Francisco, representing TikTok and ByteDance, argued that Supreme Court …

Supreme Court slams First Amendment arguments by TikTok as app gives last ditch effort to stop US ban
3 days, 16 hours ago

Supreme Court slams First Amendment arguments by TikTok as app gives last ditch effort to stop US ban

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Supreme Court justices slammed First Amendment arguments made by TikTok …

Shark Tank star says he wants to buy TikTok - but needs Trump’s help
4 days, 2 hours ago

Shark Tank star says he wants to buy TikTok - but needs Trump’s help

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Shark Tank star Kevin O’Leary said he wants to buy …

Trump claims he’ll ‘save’ TikTok - despite trying to get it banned while in office
4 days, 2 hours ago

Trump claims he’ll ‘save’ TikTok - despite trying to get it banned while in office

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Donald Trump has claimed he would “save TikTok in America,” …

Billionaire Frank McCourt's Project Liberty proposes bid for TikTok's US assets
4 days, 7 hours ago

Billionaire Frank McCourt's Project Liberty proposes bid for TikTok's US assets

The Hindu  

Entrepreneur and former Los Angeles Dodgers owner Frank McCourt's Project Liberty and its consortium of partners in The People's Bid said on Thursday they proposed to make a formal bid to ByteDance to buy TikTok's U.S. assets. The move comes ahead of a Jan. 19 deadline by which ByteDance has to sell the platform or face a ban under a …

Supreme Court leaning toward TikTok shutdown: reports
Trending News
4 days, 11 hours ago

Supreme Court leaning toward TikTok shutdown: reports

Salon  

The U.S. Supreme Court on Friday seemed inclined to rule against TikTok, the social media app that faces a ban in the U.S. unless its parent company sells it to a non-Chinese company, media outlets reported. Justices heard TikTok's argument that a federal law requiring its sale by Jan. 19 violates the First Amendment, as well as the U.S. government's …

How influencers are preparing for a potential TikTok ban
4 days, 11 hours ago

How influencers are preparing for a potential TikTok ban

CNN  

New York CNN — Joanne Molinaro’s life changed when she found TikTok. “And the PRC could covertly manipulate the platform to advance its geopolitical interests and harm the United States.” The court appeared likely to uphold the law and allow the ban to go into effect, with both liberal and conservative justices directing a series of tough and skeptical questions …

TikTok ban: Why the ByteDance app might actually get banned from the U.S.
4 days, 12 hours ago

TikTok ban: Why the ByteDance app might actually get banned from the U.S.

Slate  

This article was republished from the Rip Current by Jacob Ward and has been lightly edited for Slate. In fact, as the Supreme Court prepares to take up the question of TikTok’s continued existence in the United States on Friday, around the world the executives of dozens of companies, having read the headlines, are undoubtedly waking up sweating in the …

Group Led By Billionaire Frank McCourt Makes Formal Bid To Buy TikTok
Trending News
4 days, 19 hours ago

Group Led By Billionaire Frank McCourt Makes Formal Bid To Buy TikTok

Huff Post  

LOADING ERROR LOADING An organization founded by billionaire Frank McCourt, the former owner of the Los Angeles Dodgers, and its partners on Thursday said they made a formal bid to acquire the U.S. assets of TikTok as the popular social media platform faces a possible nationwide ban later this month. Project Liberty, an organization that aims to create a more …

‘Shark Tank’s’ Kevin O’Leary and billionaire Frank McCourt want to buy TikTok
5 days, 11 hours ago

‘Shark Tank’s’ Kevin O’Leary and billionaire Frank McCourt want to buy TikTok

CNN  

New York CNN — A group formed by billionaire entrepreneur and former Los Angeles Dodgers owner Frank McCourt has made a formal offer to buy TikTok from its China-based parent company, ByteDance. The group, which calls itself The People’s Bid for TikTok and is also backed by “Shark Tank”-famous investor Kevin O’Leary, said Thursday it had delivered a proposal to …

ByteDance’s Lemon8 gains traction amid TikTok ban threat as creators push the app
6 days ago

ByteDance’s Lemon8 gains traction amid TikTok ban threat as creators push the app

Associated Press  

Hearing a lot about Lemon8 lately? Amid a looming U.S. ban on TikTok, content creators have been pushing the platform’s sister app. Lemon8’s popularity could potentially soar further depending on the outcome of a U.S. Supreme Court hearing Friday over a law requiring TikTok to break ties with ByteDance or face a U.S. ban. TikTok said the integration was designed …

TikTok users want SCOTUS to think it’s more about dance videos than Chinese international intrigue
Trending News
6 days, 11 hours ago

TikTok users want SCOTUS to think it’s more about dance videos than Chinese international intrigue

CNN  

CNN — TikTok, the popular social media platform celebrated for its frothy mix of dance videos, cat antics, news clips and recipes, will wage a substantial First Amendment battle at the Supreme Court on Friday. “Most of it consists of things like dance videos, home-repair tutorials, and montages of weekend getaways.” More importantly as a matter of First Amendment protection, …

‘Shark Tank’ Investor Joins Bid To Buy TikTok
6 days, 20 hours ago

‘Shark Tank’ Investor Joins Bid To Buy TikTok

Huff Post  

LOADING ERROR LOADING “Shark Tank” investor Kevin O’Leary announced Monday that he has joined a bid to buy the U.S. operations of TikTok at a critical juncture in the platform’s future in the country. In an interview with Fox News, O’Leary said he visited Donald Trump at Mar-a-Lago over the weekend, where he got a chance to discuss his plan …

‘Shark Tank’ investor joins former Dodgers owner in last-ditch effort to buy TikTok
Trending News
1 week ago

‘Shark Tank’ investor joins former Dodgers owner in last-ditch effort to buy TikTok

LA Times  

Kevin O’Leary says he has joined a group known as the People’s Bid for TikTok that has been putting together an offer for the social media app’s U.S. business. Kevin O’Leary, one of the venture capitalist “sharks” from the reality television show, said Monday that he had joined a group known as the People’s Bid for TikTok that has been …

TikTok could be banned in the US in days. Creators are left in limbo
Trending News
1 week, 1 day ago

TikTok could be banned in the US in days. Creators are left in limbo

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. If the government prevails as it did in …

TikTok Creators Left In Limbo While Awaiting Decision On Potential Platform Ban
1 week, 1 day ago

TikTok Creators Left In Limbo While Awaiting Decision On Potential Platform Ban

Huff Post  

FILE - A man carries a Free TikTok sign in front of the courthouse where the hush-money trial of Donald Trump was underway on April 15, 2024, in New York. For creators, the TikTok doomsday scenarios are nothing new since President-elect Donald Trump first tried to ban the platform through executive order during his first term. But I’m staying calm,” …

Small businesses brace themselves for potentially disruptive TikTok ban
1 week, 6 days ago

Small businesses brace themselves for potentially disruptive TikTok ban

Associated Press  

A looming TikTok ban could affect the millions of small businesses that use the short-video social media app to help them grow their business. According to TikTok’s own estimates, small businesses on TikTok would lose more than $1 billion in revenue in a single month if the ban goes into effect. The Justice Department ordered the app’s China-based parent company, …

Truth about TikTok shop: It's addictive, unbelievably cheap and you can buy everything from steak to loo roll. As sellers boast about making thousands, CLARA GASPAR reveals secrets of the bargains...
2 weeks, 3 days ago

Truth about TikTok shop: It's addictive, unbelievably cheap and you can buy everything from steak to loo roll. As sellers boast about making thousands, CLARA GASPAR reveals secrets of the bargains...

Daily Mail  

It's approaching 10am on Wednesday morning. Luxury resale platform Luxe Collective now lists items on TikTok Shop too – so without leaving the app, you can buy a second-hand Hermes Birkin bag – for £9,250. In July, TikTok Shop UK announced the launch of The £1Million Club, an incentive scheme to lure new sellers, offering 'free storage and fulfilment ', …

Trump suggests allowing TikTok to continue in US: Keep this sucker for a while
3 weeks, 1 day ago

Trump suggests allowing TikTok to continue in US: Keep this sucker for a while

India Today  

President-elect Donald Trump indicated on Sunday that he favoured allowing TikTok to keep operating in the United States for at least a little while, saying he had received billions of views on the social media platform during his presidential campaign. The US Senate passed a law in April requiring TikTok's Chinese parent company, ByteDance, to divest the app, citing national …

One billion users, but controversies mount up for TikTok
3 weeks, 2 days ago

One billion users, but controversies mount up for TikTok

Hindustan Times  

TikTok's breakneck rise from niche video-sharing app to global social media behemoth has drawn intense scrutiny, particularly over its links to China. Albanian Prime Minister Edi Rama said Saturday the government would shut down social network TikTok for at least a year from 2025. The EU is probing whether far-right presidential candidate Calin Georgescu's surprise victory in the first round …

One billion users, but controversies mount up for TikTok
3 weeks, 2 days ago

One billion users, but controversies mount up for TikTok

Hindustan Times  

TikTok's breakneck rise from niche video-sharing app to global social media behemoth has drawn intense scrutiny, particularly over its links to China. Albanian Prime Minister Edi Rama said Saturday the government would shut down social network TikTok for at least a year from 2025. The EU is probing whether far-right presidential candidate Calin Georgescu's surprise victory in the first round …

Potential TikTok bidder seeks a CEO, prepares business overhaul
3 weeks, 3 days ago

Potential TikTok bidder seeks a CEO, prepares business overhaul

The Hindu  

U.S. billionaire businessman Frank McCourt is crafting a fundamental overhaul of TikTok's business model as part of a plan to bid for the Chinese-owned short-form video app, he told Reuters. McCourt, who formerly owned the Los Angeles Dodgers baseball team, said he has received verbal funding commitments totaling $20 billion from a consortium of investors to rescue the app from …

TikTok gets big boost from US Supreme Court
Trending News
3 weeks, 4 days ago

TikTok gets big boost from US Supreme Court

China Daily  

The US Supreme Court has thrown a significant roadblock in the path of a new law that would ban the wildly popular TikTok app throughout the United States. By now, you may likely know the backstory about TikTok: Earlier this year, members of the US Congress authored and passed legislation that was quickly signed by US President Joe Biden, which …

TikTok’s last hope? CEO Shou Chew meets Donald Trump ahead of US ban deadline
3 weeks, 6 days ago

TikTok’s last hope? CEO Shou Chew meets Donald Trump ahead of US ban deadline

Live Mint  

TikTok CEO Shou Chew reportedly met with President-elect Donald Trump at his Mar-a-Lago estate on Monday, just weeks before a US ban on the app is expected to take effect. Ban deadline looms The shutdown of TikTok is slated for January 19 under a law signed by President Joe Biden unless its parent company, ByteDance Ltd., agrees to divest the …

TikTok Asks US Supreme Court to Block Government Ban
Top News
4 weeks ago

TikTok Asks US Supreme Court to Block Government Ban

Live Mint  

TikTok and its Chinese parent company asked the US Supreme Court to block a government ban set to take effect next month, making a late push to keep the social-media platform operating in a market with more than 170 million users. The emergency request comes after a federal appeals court upheld a new law banning TikTok in the US if …

TikTok is a go-to news source for young people. Legacy media wants in.
4 weeks, 1 day ago

TikTok is a go-to news source for young people. Legacy media wants in.

Live Mint  

Fox News chief foreign correspondent Trey Yingst has his routine down when reporting from Tel Aviv, or Kyiv, or Beirut: He clears his throat, looks into the camera and records a segment for the news network. “By using social media, I’m able to connect with a younger audience that may not traditionally be watching cable news and get them interested …

TikTok asks Supreme Court to temporarily halt a law that would ban the app in the U.S.
4 weeks, 1 day ago

TikTok asks Supreme Court to temporarily halt a law that would ban the app in the U.S.

LA Times  

Aaliyah Arnold during a TikTok livestream filmed in Culver City last month. The social media app faces a ban in the U.S. TikTok has filed for an emergency reprieve with the U.S. Supreme Court to buy more time before a nationwide ban on the social media app is set to go into effect next month. A ban, they said, would …

TikTok Shop was going to be the next big thing. A potential ban could change that
1 month ago

TikTok Shop was going to be the next big thing. A potential ban could change that

CNN  

CNN — Aakaanksh Autade was iffy on TikTok Shop, TikTok’s in-app shopping feature, when it launched last year. “When you mix in commerce with our favorite source of entertainment, then we’re going to spend all our money there.” TikTok Shop’s reliance on user-generated content allows consumers to hear from voices they trust. Courtesy Carrie Berk Social media strategist Keenya Kelly …

What Billionaire Frank McCourt Would Actually Do With TikTok
1 month ago

What Billionaire Frank McCourt Would Actually Do With TikTok

Wired  

TikTok’s future in the United States is murkier than ever after a federal appeals court upheld a law last week that could force the app to sell its US operations or be banned as early as January 19. One possibility is that president-elect Donald Trump could find a way to “save” the beloved platform come January, something he promised to …

Apple and Google must prepare to remove TikTok from app stores by Jan. 19, lawmakers warn
1 month ago

Apple and Google must prepare to remove TikTok from app stores by Jan. 19, lawmakers warn

CNN  

Reuters — Google-parent Alphabet and Apple must be ready to remove TikTok from their U.S. app stores on January 19, two US lawmakers said in a letter to the companies’ CEOs Friday. Separately, Moolenaar and Krishnamoorthi also urged TikTok CEO Shou Zi Chew to sell the app: “Congress has acted decisively to defend the national security of the United States …

TikTok's Future in the US Is Unclear. We Check Back in With the Billionaire Who Wants to Save It
1 month ago

TikTok's Future in the US Is Unclear. We Check Back in With the Billionaire Who Wants to Save It

Wired  

TikTok is officially on the chopping block, friends. Through his Project Liberty initiative, he has made what he’s called a “people’s bid,” bringing together a variety of investors and groups that share in his vision of a more open web. To achieve this, he’d apply Project Liberty’s Decentralized Social Networking Protocol, or DSNP, to TikTok. McCourt has had conversations with …

TikTok files challenge against Canadian government order to dissolve its business in the country
1 month ago

TikTok files challenge against Canadian government order to dissolve its business in the country

Associated Press  

TikTok has challenged a Canadian government order to shut down the Chinese video-sharing app’s business operations in the country that was imposed over national security concerns. The Canadian federal government last month announced it was ordering the dissolution of TikTok Technology Canada Inc. after a national security review of its Chinese parent company ByteDance Ltd. TikTok argues in its court …

TikTok and its owner ask for temporary block to law that could result in the app’s US ban
1 month ago

TikTok and its owner ask for temporary block to law that could result in the app’s US ban

CNN  

Chinese-based ByteDance and its short-video app TikTok asked an appeals court Monday to temporarily block a law that would require parent company ByteDance to divest TikTok by January 19 or face a ban in the United States, pending a review by the US Supreme Court. The companies filed the emergency motion with the US Court of Appeals for the District …

ByteDance, TikTok seek temporary halt to US crackdown law
1 month ago

ByteDance, TikTok seek temporary halt to US crackdown law

Al Jazeera  

The companies have asked an appeals court to temporarily block the law that would enforce a ban on the app in the United States. China-based ByteDance and its short-video app TikTok have asked an appeals court to temporarily block a law that would require that parent company ByteDance divest TikTok by January 19 or face a ban, pending a review …

TikTok is inching closer to a potential ban in the US
Top News
1 month, 1 week ago

TikTok is inching closer to a potential ban in the US

The Hindu  

TikTok's future in the U.S. appeared uncertain on Friday after a federal appeals court rejected a legal challenge to a law that requires the social media platform to cut ties with its China-based parent company or be banned by mid-January. Here are some details on the ruling and what could happen next: In their lawsuit, TikTok and ByteDance, which is …

Why does the US want to ban TikTok: List of allegations against the app
1 month, 1 week ago

Why does the US want to ban TikTok: List of allegations against the app

Hindustan Times  

A US federal appeals court has upheld a law mandating that ByteDance, the Chinese company behind the popular short-video app TikTok, must divest its US operations by early next year or face a potential ban. TikTok has said "an entity affiliated with the Chinese government owns 1% of a ByteDance subsidiary, Douyin Information Service," and says the holding "has no …

Meta shares hit record high after US appeals court upholds TikTok ban
1 month, 1 week ago

Meta shares hit record high after US appeals court upholds TikTok ban

The Hindu  

Shares of Facebook-owner Meta Platforms hit a record high on Friday after a U.S. appeals court upheld a law requiring China-based ByteDance to divest its popular short video app TikTok by early next year or face a ban. Meta Platforms shares rose to an all-time record high of $629.78, and were last up 2.7% at $625.37. Meta's social media platforms, …

TikTok facing US ban after losing appeal agains Biden govt's law requiring ByteDance divestment
1 month, 1 week ago

TikTok facing US ban after losing appeal agains Biden govt's law requiring ByteDance divestment

Firstpost  

The popular video-sharing app is expected to appeal the ruling to the Supreme Court while seeking support from Trump, who has become an unlikely ally in opposing the ban While TikTok has distanced itself publicly from China, ByteDance’s role remains evident. Reuters TikTok is facing a potential US ban after losing a court appeal Friday against a law requiring its …

TikTok faces US ban after appeals court refuses to block law
1 month, 1 week ago

TikTok faces US ban after appeals court refuses to block law

Live Mint  

A TikTok ban across the US remains on track after the app lost a US federal court appeal on Friday. The popular short video site will face a ban unless its Chinese parent company — ByteDance — sells the platform by January 19. Meanwhile incoming President Donald Trump — who unsuccessfully tried to ban TikTok during his first term in …

Federal Appeals Court Upholds Law Requiring Sale Or Ban Of TikTok In U.S.
Trending News
1 month, 1 week ago

Federal Appeals Court Upholds Law Requiring Sale Or Ban Of TikTok In U.S.

Huff Post  

LOADING ERROR LOADING A federal appeals court panel on Friday upheld a law that could lead to a ban on TikTok in a few short months, handing a resounding defeat to the popular social media platform as it fights for its survival in the U.S. The U.S. Court of Appeals for the District of Columbia Circuit ruled that the law, …

TikTok is one step closer to being banned in the US
1 month, 1 week ago

TikTok is one step closer to being banned in the US

CNN  

New York CNN — TikTok has lost its bid to strike down a law that could result in the platform being banned in the United States. Denying TikTok’s argument that the law was unconstitutional, the judges found that the law does not “contravene the First Amendment to the Constitution of the United States,” nor does it “violate the Fifth Amendment …

US appeals court upholds TikTok law forcing its sale
1 month, 1 week ago

US appeals court upholds TikTok law forcing its sale

Al Jazeera  

The ruling increases the possibility of an unprecedented ban in just six weeks of TikTok in the US. A United States federal appeals court has upheld a law requiring Chinese-based ByteDance to divest itself of its popular short video app TikTok in the US by early next year or face a ban. It was carefully crafted to deal only with …

TikTok’s U.S. presence in jeopardy as judges back potential ban
Trending News
1 month, 1 week ago

TikTok’s U.S. presence in jeopardy as judges back potential ban

Salon  

In April, legislation passed by Congress and signed into law by President Joe Biden threatened to ban TikTok in the U.S. if the platform's China-based parent company ByteDance refused to sell to an American owner by Jan. 19, 2025, and with the deadline looming and no such sale underway, stateside fans of the popular video share site are getting nervous. …

TikTok lost a major legal bid to avoid a U.S. ban. Now what?
1 month, 1 week ago

TikTok lost a major legal bid to avoid a U.S. ban. Now what?

LA Times  

A visitor passes the TikTok exhibition stands at the Gamescom computer gaming fair in Cologne, Germany, in 2022. “Here the Government acted solely to protect that freedom from a foreign adversary nation and to limit that adversary’s ability to gather data on people in the United States.” Legal experts said they expect TikTok will appeal its case to the Supreme …

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