What to know about TikTok's uncertain future in the US and the people who want to buy it | TechCrunch
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from TechCrunch5 days ago
TikTok faces intense scrutiny in the U.S. over data security concerns related to its Chinese ownership by ByteDance. Following a brief outage in the U.S., a looming ban on the platform is expected, with investors like Microsoft, Oracle, and Walmart eyeing potential ownership. Originally sparked by a Trump-era executive order in 2020, legal actions have ensued under both administrations, with Congress pushing legislation for TikTok's sale or ban. The situation remains dynamic, with TikTok challenging government decisions on constitutional grounds, adding to the complexity of its future in America.
TikTok's future in the U.S. hangs in the balance, with a looming potential ban, investor interest, and ongoing legal battles with the government.
TechCrunchhttps://techcrunch.com/2025/04/02/what-to-know-about-tiktoks-uncertain-future-in-the-us-and-the-people-who-want-to-buy-it/
Amid growing concerns over data security, TikTok's valuation could potentially soar to $60 billion if a U.S. company successfully acquires its operations.
TechCrunchhttps://techcrunch.com/2025/04/02/what-to-know-about-tiktoks-uncertain-future-in-the-us-and-the-people-who-want-to-buy-it/
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#tiktok #data-security #legal-battles #us-government #bytedance
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