Will TikTok find a way to remain legal in the U.S. under a new ownership structure? A range of possible new owners for TikTok in the U.S. — including MrBeast, Elon Musk and Oracle founder Larry Ellison — have emerged as a federal law banning TikTok in the country went into effect this Sunday,
YouTube personality “MrBeast” Jimmy Donaldson and a group of investors tapped Brad Bondi, the brother of President Donald Trump’s pick to run the Justice Department, for legal advice on their bid to buy TikTok.
The guy who brought you a bunch of dumb online videos wants to buy the site that distributes dumb online videos.
Donaldson posted a jokey message on X on January 13 that read, "Okay fine, I'll buy Tik Tok so it doesn't get banned." A day later,
Donald Trump has given TikTok 75 days to convince US officials it doesn't threaten national security - most likely by finding a new, US owner for its American operation.
TikTok was no longer available in the USA. As no buyer could be found, the ban, which both Republicans and Democrats under former US President Joe Biden had campaigned for, came into effect last Sunday.
MrBeast joins a long list of interested TikTok buyers including billionaire Elon Musk and Oracle founder Larry Ellison. Billionaire Frank McCourt, who runs the internet advocacy group Project Liberty has also publicly expressed his interest in the opportunity,
The social media star's Beast Games is airing Amazon Prime Video. The reality show, inspired by the Netflix hit Squid Game, sees contestants battling it out for a grand prize of $5 million. Last week, Variety reported that the show had surpassed 50 million unique viewers in 25 days.
He previously floated a joint venture, saying that the US should be entitled to half of the app.
Trump's most recent plan for TikTok centers on demands that the United States be given a 50% ownership position in the app under any proposed deal.
As TikTok faces a potential ban, various bidders, including Elon Musk and Larry Ellison, are key contenders to buy the platform. Meanwhile, Netflix remains a possible option among streaming giants, though the company has not historically pursued major acquisitions.