TikTok sale heating up

InternetJeff

Potential suitors rushing to the deadline.

Mobile technology company AppLovin has made a bid for TikTok and talked to casino magnate Steve Wynn about backing it, according to people familiar with the matter, joining a flurry of suitors for the video-sharing app.

Amazon.com also submitted a last-minute bid, according to people familiar with the matter. It came via an offer letter addressed to Vice President JD Vance and Howard Lutnick, the commerce secretary, people briefed on it said. The New York Times earlier reported on the bid.

https://www.wsj.com/tech/tiktok-ban-bids-amazon-applovin-62a1d573?st=kv8TYS&reflink=desktopwebshare_permalink

HooRU

I’d like for it to just go away. The same with RedNote.

GrumpyCanadian

HooRU Unfortunately, these things are like roaches. Now that the infestation has begun, getting rid of them in any lasting way will be difficult.

HooRU

I chatted for quite a while with my 11 year old in Cebu. She loves tiktok and me and mom want to find a way to get her off of it. She’s a jumping bean, let me tell you, a very active and social kid.

telcodad

TikTok gets to live on for at least another three months as President Donald Trump is extending the sale-or-ban deadline for the third time this year:

Trump set to grant another extension to avoid TikTok disruption
The social media platform is technically prohibited under U.S. law unless it can find an American buyer.
By Monica Alba and Dennis Romero, NBC News - June 17, 2025
https://www.nbcnews.com/news/us-news/trump-extension-tiktok-rcna213625

President Donald Trump will extend a deadline for the owner of the social media platform TikTok to find a U.S. buyer so it can continue to operate in the country, the White House said Tuesday.
:
“This extension will last 90 days, which the Administration will spend working to ensure this deal is closed so that the American people can continue to use TikTok with the assurance that their data is safe and secure,” White House press secretary Karoline Leavitt said. …

FrankCole

You just can’t help yourself can you?

GrumpyCanadian

telcodad Using TokTok mentioned in the same sentence as data being “safe and secure”? Isn’t that a Y-U-G-E contadiction?

telcodad

telcodad TikTok gets to live on for at least another three months as President Donald Trump is extending the sale-or-ban deadline for the third time this year:

Trump set to grant another extension to avoid TikTok disruption

It’s official now, Trump has extended the TikTok ban deadline by another 90 days:

TikTok Ban Update: When Donald Trump’s Latest Extension Will Expire
By Kate Nalepinski, Digital Media Journalist, NewsWeek - June 19, 2025
https://www.newsweek.com/tiktok-ban-update-extended-donald-trump-executive-order-2088103

TikTok will remain online in the United States for at least three more months after President Donald Trump extended the deadline to force a sale of the popular app from its Chinese parent company. The new cutoff date is now September 17, giving users temporary relief from a looming ban. Trump announced Wednesday on Truth Social that he signed an executive order extending the deadline.

ByteDance, the company behind TikTok, now has 90 additional days to reach a deal to divest from Chinese ownership. If no deal is finalized by the new deadline, TikTok could be pulled from U.S. app stores or shut down entirely for American users.
… The delay means content creators can continue posting, livestreaming, and earning income through the app, at least for the summer. …

HooRU

TikTok is a surge, and I’m annoyed that leadership caved on it again. It looks weak. While we are at it, we need to halt Temu and the other retail buster operations which are costing taxpayers ao fortune. We need a backbone.

meznaros

HooRU are you on tik-tok? why would you care?