TikTok Sale: New Bidders Emerge, Deadline Extended

As the April 5 deadline for TikTok's divestment from ByteDance approaches, bids for the platform's U.S. operations have intensified. OnlyFans founder Tim Stokely, through his venture Zoop and in partnership with the HBAR Foundation, emphasizes a creator-first model using blockchain technology. Amazon has submitted a bid, but it is reportedly not being taken as seriously as others. Vice President JD Vance is reviewing proposals, with Oracle, Blackstone, and Alexis Ohanian also expressing interest. President Trump has extended the deadline with a 75-day reprieve to finalize a deal, focusing on keeping TikTok operational in the U.S. while addressing security concerns.