MrBeast Joins Investor Group Seeking to Buy TikTok
MrBeast Joins Investor Group Seeking to Buy TikTok

MrBeast Joins Investor Group Seeking to Buy TikTok

News summary

MrBeast, the popular YouTube star, is part of an investor group led by Jesse Tinsley aiming to buy TikTok before a potential ban is enforced in the U.S. due to national security concerns regarding its Chinese parent company, ByteDance. The group has submitted an all-cash offer to acquire TikTok, which currently serves 170 million American users, and is awaiting a response from ByteDance's board. The recent Supreme Court ruling requires TikTok to be sold to a non-China-based entity, leading to heightened urgency among various bidders, including other high-profile investors like Kevin O'Leary. TikTok briefly went offline as the deadline loomed, but a 75-day extension was granted by President Trump, allowing time for negotiations. While MrBeast's involvement has garnered significant attention, he has not yet officially confirmed his participation in the bid. The outcome of these negotiations could have profound implications for the future of social media in the U.S.

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Last Updated
29 days ago
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