TikTok, AppLovin and China
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Reuters |
"The addition of TikTok could accelerate AppLovin's transition into a global advertising powerhouse, but regulatory and geopolitical complexities remain a critical variable for investors," said Michae...
Yahoo |
As TikTok faces another potential ban in the U.S. if not sold to an American buyer, Amazon has expressed interest as have several other companies.
NBC News |
President Trump has announced a 75-day extension to a deadline that would have ban the social media app TikTok if it is not sold to a non-Chinese buyer.
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AppLovin confirms its bid but denies Steve Wynn's involvement as the platform faces an April 5 ban deadline. - Applovin, Mobile technology company AppLovin confirmed it has a deal in place to potentially acquire TikTok but refuted reports that casino mogul Steve Wynn was involved in the bid,
17hon MSN
Cryptocurrency foundation Hbar and Zoop, a startup led by Tim Stokely, the co-founder of OnlyFans, submitted a plan to buy TikTok to the White House, according to USA Today.
AppLovin has made a preliminary bid to acquire TikTok's operations outside China ahead of the April 5 deadline set by President Trump. This move could strengthen AppLovin's global advertising position.
AppLovin (NasdaqGS:APP) has recently entered the bidding race for TikTok Inc.'s assets outside China, a move that has garnered attention amidst heightened geopolitical complexities. Within the past week,
1don MSN
Digital-advertising platform AppLovin on Thursday became the latest company to express interest in TikTok, ahead of an April 5 deadline to avoid a ban in the U.S.
The Information reports that later today, Trump plans to announce a plan for “TikTok America,” a new company with 50 percent ownership by unnamed new US investors, a one-third stake for existing ByteDance investors, and a 19.9 percent share for ByteDance. It would apparently license TikTok’s algorithm from ByteDance.