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What will happen to Tiktok? A look at potential buyers.

Tiktok can be online again, but the future of application in the United States is still far from safe. The executive order of the prohibition of President Donald Trump was just a temporary respite for the company.

While the Bytedance was resistant to the idea of ​​selling the American Tiktok business, that seems to have changed since Trump assumed the position. A byte investor That getting to an agreement to keep Tiktok in the United States is “in the interest of all.” Officials in China have also suggested that they are “open” to an agreement, The Wall Street Journal.

Several people and companies have pointed out some interest in Tiktok. Succeed You would like to see a “war war” for application and that the United States government should possess In the company. However, how can it be an eventual agreement, however, it is not clear. These are the offers we currently know. Trump’s executive order gave the company 75 days to reach an agreement.

Npr That Oracle was working with Trump administration officials in “a plan to save Tiktok that implies taking advantage of the Oracle software company and a group of external investors to take control effectively from the global operations of the application.” According to this agreement, the Bytedance “would retain a minority participation in the company”, but Oracle will supervise “the application algorithm, data collection and software updates.”

Directed by Trump Larry Ellison’s friend, Tiktok has an existing association with Oracle. The data of US user user in the Tiktok cloud and the company were from the original Tiktok negotiations to remain operational in the US. UU. In a plan called Texas Project. (Those negotiations abruptly In 2022.)

Trump also previously for Oracle and Walmart to acquire a 20 percent participation in Tiktok in 2020, when the president tried to prohibit the application during his first mandate. That agreement never materialized. Now, Trump’s position in Oracle is not clear. The one who Oracle was not among the “many people” with whom he had discussed an agreement for Tiktok. (Ellison, in particular, has been in the White House in recent days. He joined Trump and the CEO of Operai, Sam Altman, for the announcement of the .

According to reports, Microsoft is also interested in playing a role in the future of Tiktok, according to the same NPR story, which said Microsoft was among the “other potential investors” involved in conversations with Oracle. Trump apparently confirmed this. When asked directly if Microsoft was interested in buying Tiktok this week, Trump, Trump “I would say yes.”

As with Oracle, this is not the first time that Microsoft tries to acquire the social media company. Microsoft was in conversations to buy Tiktok and take care of its business in the United States, but the treatment. Microsoft Satya Nadella CEO later It is “the strangest thing I have worked on.”

Just before Tiktok was briefly disconnected, the AI ​​of perplexity threw his hat into the ring, offering Byteedance that “it would create a new entity that combines perplexity, Tiktok US and New Capital Partners.”

Since then, perplexity has modified its proposal. According to him The company of AI is now floating a plan that requires that the “United States government has halfway to half of that new structure once it makes an initial public offer of at least $ 300 billion.” According to this plan, the Bytedonce would maintain a minority participation in the company and “would contribute to the American Tiktok business without the patented algorithm that feeds what users see in the application.”

Youtuber Mrbeast, also known as Jimmy Donaldson, joked about buy Tiktok before the initial prohibition. The later that “so many billionaires” approached him about making an offer that was going to try to achieve it.

At least one group has already Their participation, together with other “people with high heritage of the network” who seek to make an “cash offer”. According to the reports, that group, led by the founder of Employer.com, Jesse Tensley, also includes the CEO of Roblox, David Baszucki. According Bloombergtogether they have gathered “significantly” more than For an offer, although it is not clear how seriously its offer is being considered. Bloomberg He points out that there is also the possibility that MRBAST can be attributed to other offers.

Another set of investors proposed an offer to buy Tiktok is a group known as . Directed by investor Frank McCourt, including of Shark tank fame. The group initially advanced before the prohibition entered into force. However, it is not clear where they are at this time.

O’Leary previously Those agreements that involve a government participation may not comply with the law. “That 50/50 agreement, I would love to work with Trump, so would any other potential buyer … but the problem with some of these ideas is that they are inconsistent with the decision of the Supreme Court,” he said. “I would love to make a deal, if the law foresaw it, but I don’t have the luxury of violating the order of Congress.”

This week, he said that the treatment “changes per hour”, writing in X that it is clear to me now that we are going to have to dance among the original owners, the founders of Bytedance in themselves and interpreting the law of what Congress and the Supreme Court have confirmed. “

So where does all this Tiktok leave? For now, the company is in the same limbo in which it has been since it was briefly. The application is not yet available in Apple or Google application stores and could fall again if the company cannot reach an agreement.

For now, however, it seems that both the government and the bytado are much more willing to negotiate than in the past. While these are all the semi -final plans we know now, the situation is likely to change in the coming weeks as the various parts try to achieve a viable agreement. We will keep this publication updated as new details arise.

This article originally appeared in Engadget at https://www.engadget.com/social-media/what-will-happen-to-tiktok-a-aok-at
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