April 5, 2025, is the deadline to handover TikTok to U.S investors or go dark in the country.
Anonymous
Everyone is on a queue to buy TikTok
Due to national security concerns, ByteDance, the parent company of TikTok, is said to hand over the largest ownership of the short-video sharing app to U.S. investors or risk getting banned in the country. Last call is approaching, and everyone is lining up to buy the Chinese-owned subsidiary company. Bidders, including Amazon, Blackstone, Zoop (co-founded by Tim Stokely—OnlyFans founder), the Hbar Foundation (co-founded by RJ Phillips), Oracle, and others, have shown interest in acquiring the China-based company and bringing it to a new home. According to RJ Phillips, Zoop and Hbar are buying TikTok so that creators can benefit directly from the value they generate. Zoop is a more mainstream creator's site aimed at rewarding community members for engagement, while Hbar is a cryptocurrency foundation. Yesterday, sources revealed that Amazon added the platform to its wish list yesterday—though the bid is reportedly not being taken seriously. Other bidders include a phone tech company…
