ByteDance, TikTok’s parent company, is required to sell the app to a U.S.-based buyer or face a nationwide ban.
As the Jan. 19 date for a TikTok ban approaches, another name is emerging as a potential buyer: SpaceX and Tesla CEO Elon Musk, who already owns X.
TikTok’s time will expire on Jan. 19 if no buyer is found or the Supreme Court rules in the app’s favor. Here’s what to know.
Investing.com-- Wedbush said on Wednesday that recent weakness in Apple Inc (NASDAQ: AAPL) shares- amid a flurry of ratings downgrades and worsening sales in China- was overdone, especially before the company’s December quarter earnings.
TikTok has publicly thanked Trump for the extension, calling it a "strong stand for the First Amendment and against arbitrary censorship" and said it plans to work with the President-elect to find a "long-term solution that keeps TikTok in the United States."
TikTok is difficult to value. Keeping those complications in mind, Forbes spoke with at least nine people and came up with these different scenarios.
TikTok is no longer accessible in the U.S. as of late Saturday night, shortly before a nationwide ban on ByteDance’s popular social media app took effect, though President-elect Donald Trump has suggested he will delay the ban after his return to the White House on Monday.
Citing national security, the Supreme Court rules that TikTok can be banned if its Chinese parent company ByteDance does not sell the app by Sunday.
ByteDance will either sell to a new buyer ... are estimated to be worth between $40 billion and $50 billion, according to Wedbush Securities analyst Dan Ives. But since the algorithm may be ...
Investing.com -- Wedbush analysts expect the Trump administration to delay the imminent TikTok ban, despite an anticipated Supreme Court ruling upholding the prohibition. The ban is set to take effect on January 19th, one day before President Trump’s inauguration.
Wedbush Securities hiked its base case price target on Tesla (NASDAQ:TSLA) to $550 from $515 on its view that the golden age of autonomous, FSD, and Optimus has arrived. The firm has growing confidence in the demand delivery story for 2025 along with a fast tracking of the autonomous future under the Trump Administration.
Potential TikTok buyers are lining up as President Trump and the Chinese government show heightened interest in striking a deal to sell the popular video-sharing platform in the face of a U.S. ban. YouTube star MrBeast is the latest to join the ranks of prospective buyers,