What to know about TikTok’s uncertain future in the US and the people who want to buy it

TIKTOK, owned by the Chinese company by TEDANCE, was at the center of the controversy in the United States for four years so far due to concerns about user data that is likely to be accessed by the Chinese government.

Earlier this year, the application saw a temporary interruption in the United States leaving millions of users in a state of suspense before recovering quickly. Tiktok returned to the application store and Google Play in February.

A number of investors are competing for this opportunity to purchase the application, and if there is a deal it goes through, the American platform company can evaluate up to $ 60 billion, as estimated by Vice President CFRA Research, Angelo Zino.

After extensive discussions and after Trump expanded the deadline for Tiktok ban for the fourth time, it appears that progress has been made. This week, a “framework” deal has been created between the United States and China, with new information to be revealed indicating that an union of investors, including Oracle, Silver Lake and Andressen Horowitz, may supervise the American Tiktok operations.

Tiktok ban: What happened so far

To understand this high risk drama, we will first review the timetable of the turbulent Tiktok relationship with the United States government, which led to various legal battles and negotiations.

The drama first began in August 2020, when Trump signed an executive order to ban transactions with the BYTEDANCE parent company.

A month later, the Trump administration sought to impose the sale of US Tiktok operations to a US -based company. It included prominent competitors Microsoft, Oracle and Walmart. However, an American judge temporarily prevented Trump’s executive order, allowing Tiktok to continue to work while the legal battle was exposed.

Things began to advance more last year after moving to the Biden administration. The US House of Representatives, in an overwhelming vote, 360-58, issued legislation against Tijook. On April 23, 2024, the Senate passed the bill.

Soon after, President Joe Biden signed the draft law that requires the sale or ban of Tiktok. In response, Tiktok filed a lawsuit against the United States government, challenging the constitutionality of the embargo and argued by the application and its American users violating the first amendment rights. The company has constantly denied that it poses a security threat, confirming that its stored data in the United States is compatible with all local laws.

Trump has a change in the heart

On December 27, 2024, Trump opposed the potential ban of Tikhak in the court file, saying that he could find a way to keep the application in the United States this position was a blatant contradiction with his approaches during his first presidency and presented a sudden turn to Tikhak.

In January, the US Supreme Court upheld Americans Protection Act from controlled foreign requests (PAFACA), which is usually referred to as “TIKTOK”. Tiktok issued an official announcement that it is likely to remain dark on January 19.

Tiktok closes … then returns online

Although Tiktok has already closed itself in the United States when the act came into effect, it did not last long. The app has returned online after less than 12 hours. Notice the platform, “as a result of President Trump’s efforts, Tijook returned to the United States.”

Where are we today?

On January 20, Trump signed an executive order that postponed the Tiktok ban for 75 days. This extension of the application provides additional time to sell a platform or reach an agreement with Trump. Its goal is to achieve a 50-50 ownership arrangement between by atteedance and an American company.

In early March, Trump told the correspondents that his administration was holding talks with four different groups interested in buying the platform, for each Reuters. Recently, the information stated that Trump intends to announce Tiktok America, a company supported by American investors who own about 50 % of American operations. According to what was reported, he will possess the bytedance 19.9 %.

As of now, no final deal has been reached yet to sell the platform, but we can soon know this.

Below is a list of investor and companies that are rumored to be potential buyers of US Tiktok. (It is surprising that Elon Musk is not among them).

People offer to Tactok

People’s offer to Tiktok is a consortium organized by the founder of Project Liberty Frank McCourt, who is also the former Los Angeles Dodgers. Guggenheim Securities and Kirkland & Elis assembled assembly. The main task of the people’s attempt to get Tiktok is to give priority to privacy and control of data, with an open source approach.

The concerned supporters include:

• Alexis Ohaanian: The co -founder of Reddit is the latest technology businessman who joins the offer of people and takes over the role of a strategic advisor. Join on March 3.

• Kevin Olieri: A well -known investor and a TV personality that FOX previously told that he is ready to buy Tiktok for $ 20 billion. O’leari joined the people’s offer on January 6.
• Tim Burners Lee: Burners Lee said in a statement that the inventor of the global web network supports the proposal because “users must have the ability to control their data.”
• David Clark: Global Global Research at the Massachusetts Institute of Technology at the Massachusetts Institute of Scand

Consortium American investor

Jesse Tinsley, CEO and founder of the Labor site, has presented a union for American investors. Tinsley has announced a $ 30 billion offer for all engraving for US Tiktok operations.

• David Bastuki: Tinsley Bloomberg told the co -founder and CEO of Roblox company.
• Nathan McCalli: The co -founder and CEO of Crypto Platform Anchorage Digital has been confirmed that he participates in the consortium, according to Bloomberg.

Other interested parties

• AmazonThe e -commerce giant is the latest company reported to throw its hat in the ring.
• Applovin: According to what was reported, the mobile phone technology company made an offer for Tiktok, with the support of Steve Wynn, who created many of the most famous casinos in Las Vegas.
• Bobby Cotik: It is said that the former CEO of Activision is interested in buying Tiktok. Through his experience in managing a main game company, his interest in the application can be driven by the possibility of integrating games and social media.
• Microsoft: The technology giant has already shown an interest in acquiring Tiktok, and Trump stated that the company recently re -gave bids to purchase the application.
• Oracle: The company previously made a TIKTOK offer in 2020. The information that was reported in March was reported that Oracle is the best option to work as a cloud technology partner to help Tiktok run in the United States
• See artificial intelligence: AI Engine Engine also made an offer, according to CNBC.
• rumble: YouTube alternative to X announced that he wants to get Tiktok and work as a cloud technology partner.
• Stephen Mnuchin: The former US Treasury Secretary, who served during the first term of President Trump, re -discussed about Tiktok’s potential purchase.
• Wal Mart: The retail giant can also look forward to enhancing its access in e -commerce, especially given the impact of the platform on consumer shopping behavior. Wall Mart first expressed his interest in 2020.
• AnimalHBAR Foundation, which has co -founded on the founder of Onlyfans Tim Stokely with HBAR to submit a proposal in the late stage to buy American Tiktok operations.

The story was updated after publication to include the new parties.