Bill Ford, the CEO of ByteDance shareholder General Atlantic, said Wednesday he was confident that a deal will be reached to ensure TikTok stays online in the US — and suggested there may be
General Atlantic CEO Bill Ford said on Wednesday that a deal would get done to save TikTok in the U.S. after President Donald Trump signed an executive order that halted a ban on the app for 75 days.
Saudi Arabian Prince Alwaleed Bin Talal's investment company Kingdom Holding (KHC) would be interested in investing in ByteDance's TikTok if Elon Musk or others offered to buy it, CEO Talal Ibrahim al-Maiman told Al Arabiya TV on Wednesday.
TikTok owner ByteDance on Wednesday released an update to its flagship AI model aimed at challenging Microsoft-backed OpenAI’s latest reasoning model products, as a global race intensified to create AI models capable of tackling complex problems.
President Trump indicated that he would be open to Tesla CEO Elon Musk or Oracle CEO Larry Ellison buying TikTok.
He previously floated a joint venture, saying that the US should be entitled to half of the app.
At a press briefing on Tuesday, President Trump suggested that he’s open to the idea of Elon Musk or Larry Ellison buying TikTok.
Trump suggests tech moguls Elon Musk and Larry Ellison as potential buyers to secure TikTok’s U.S. operations.
After the bipartisan TikTok law was signed by former President Joe Biden in April, ByteDance said it did not have plans to sell the platform and fought the statute in court for months. China also rebuked Washington over the divestment push, though more recently it appears to be softening its stance.
TikTok went dark for a few hours in the U.S. before the ban was suddenly reversed Sunday. Here's what to know about President Trump's executive order.
US President Donald Trump has stated that he is open to the idea of Elon Musk or Larry Ellison buying up TikTok.