Exclusive | TikTok receives $50 billion offer from US entrepreneur to buy app

New York Post

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Exclusive | TikTok receives $50 billion offer from US entrepreneur to buy app

Larry Ellison, 80, had been floated as a potential buyer earlier this year for the social media app.

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TikTok receives $50 billion offer from US entrepreneur Reid Rasner

Entrepreneur Reid Rasner offers to buy TikTok for $50 billion A wealthy entrepreneur from Wyoming has submitted an offer to acquire TikTok for nearly $50 billion. Reid Rasner, who owns media and wealth management firms in the state, is seeking a controlling stake in TikTok’s assets, operations, and proprietary algorithm for $47.45 billion, according to a letter obtained by The Post that his lawyer sent to the app’s Chinese parent company. Propos…

大纪元 Epoch Times

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As US President Trump tries to save TikTok, multiple acquisition deals are being negotiated behind the scenes. However, TikTok insists that it has no intention of separating from its Chinese parent company ByteDance. And the CCP has ordered ByteDance not to sell TikTok. However, separating from the CCP is precisely what the ban on TikTok, the Protecting Americans from Foreign Controlled Apps Act, explicitly requires. Among the multiple acquisiti…

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Photo from depositphotos.com New York, United States.- A wealthy businessman based in a western state of the United States will bid to buy TikTok for about $50 billion this Wednesday, reported The New York Post. Larry Ellison had been proposed as a potential buyer earlier this year for the social media application, owned by Chinese firm ByteDance, and his company Oracle, based in Austin, Texas, already serves as a cloud computing partner for Tik…

eldiariodechihuahua.mx

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New York.- A rich businessman from Wyoming has made an offer to buy TikTok for nearly $50 billion, reported on Wednesday The New York Post. Reid Rasner, owner of state-owned media and property management companies, seeks "majority stake" in TikTok's assets, operations, and proprietary algorithm for $47.4 billion, according to a copy of a letter obtained by The Post that Rasner's attorney sent to the Chinese parent company of the application.