TikTok

Tim Stokely, the founder of OnlyFans, and a cryptocurrency foundation have joined forces to place a late-stage bid for the acquisition of TikTok’s U.S. operations from ByteDance. What Happened: The bid was put forth this week by Zoop, Stokely’s latest venture, and the HBAR...

Entrepreneur and investor Mark Cuban is one of several backers of a pre-seed round of Skylight, a startup seeking to rival TikTok, an app that could have new owners in the U.S. soon. What Happened: Skylight uses the AT Protocol, the same technology that helps social network Bluesky, which is one of...

The White House is set to hold a meeting on Wednesday with key officials to discuss the future of TikTok, as the app faces an April 5 deadline to secure a non-Chinese buyer or face a potential U.S. ban. What Happened: President Donald Trump is scheduled to consider a final proposal related to...

President Donald Trump told reporters on Sunday that an agreement to sell TikTok’s U.S. operations to a non-Chinese buyer is expected to be finalized before the April 5 deadline.  The Details: President Trump set the Saturday deadline for a sale in January under a 2024 law requiring ByteDance...

President Donald Trump could consider offering tariff relief to China to help finalize a sale of TikTok, as the clock ticks toward a government-imposed deadline for its parent company, ByteDance, to divest the app. What Happened: Speaking to reporters on Wednesday, Trump said he was open to...

Man Sentenced To 78 Months In Prison For Tax Crimes, Investment Fraud Rick Tariq Rahim of Great Falls, Virginia was sentenced on Friday to 78 months in prison for tax crimes and a wire fraud scheme.  Rahim owned multiple businesses, including laser tag facilities and an Amazon reseller, failed...

On Friday, Vice President JD Vance said that a deal to keep TikTok operating in the U.S. under American ownership is close to being finalized ahead of the April 5 deadline. What Happened: In an interview with NBC News aboard Air Force Two, Vance expressed optimism that a framework to create "a...

Oracle Corp (NYSE:ORCL) has built a solid AI narrative, with its cloud business, government contracts and a role in the high-profile Stargate initiative. But is all this enough to justify its steep valuation? Especially as the company heads towards reporting its third quarter earnings on Monday....

Alexis Ohanian, co-founder of Reddit Inc. (NYSE:RDDT), announced his intentions to acquire TikTok’s U.S. operations and transition it to a blockchain-based platform on Tuesday. What Happened: Ohanian confirmed the ambitious plan via an X post, stating, “I’m officially...

Reddit Inc. (NYSE:RDDT) co-founder and venture capitalist Alexis Ohanian has joined Frank McCourt's bid to acquire TikTok's U.S. operations, as competition intensifies with rival groups that include YouTube star Jimmy Donalson, aka MrBeast, tech entrepreneur Jesse Tinsley, and Wyoming investor Reid...

Connexa Sports Technologies Inc. (NASDAQ:YYAI) shares are trading higher in premarket on Monday after details emerged about a partnership with TikTok. The sports equipment and technology provider launched a new initiative through its majority-owned subsidiary, Yuanyu Enterprise Management Limited (...

ByteDance Ltd., the owner of TikTok, has reportedly seen its valuation climb past $400 billion, driven by major investors like SoftBank Group (OTC:SFTBF) (OTC:SFTBY), Fidelity, and T. Rowe Price (NASDAQ:TROW). What Happened: At least three major investors have marked up ByteDance's valuation, with...

In a plot twist to rival any bestseller, Barnes & Noble has pulled off the comeback of the ages. A few years ago, it appeared the beloved bookstore chain was on its deathbed. It was hemorrhaging cash and closed 150 stores. It seemed destined to go the way of its former rival, Borders....

Vice President J.D. Vance is being put in charge of overseeing a deal to save TikTok after President Donald Trump changed his mind and decided to temporarily save the Chinese social media app. What Happened: Vance, who is a former venture capitalist, is being tasked with helping land the best deal...

Negotiations over the sale of TikTok's U.S. operations appear to be at an impasse as its Chinese parent company, ByteDance, delays progress while awaiting a green light from Beijing. President Donald Trump's numerous corporate allies are racing to broker a deal with an American buyer. China,...