TikTok, AppLovin and China
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Reuters |
"The addition of TikTok could accelerate AppLovin's transition into a global advertising powerhouse, but regulatory and geopolitical complexities remain a critical variable for investors," said Michae...
The Atlantic |
As the deadline for action on the TikTok ban-or-sell issue is once again extended, who cares anymore?
NBC News |
President Trump has announced a 75-day extension to a deadline that would have ban the social media app TikTok if it is not sold to a non-Chinese buyer.
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Trump was to reportedly hold a White House meeting Wednesday to consider an offer to buy TikTok, as it faces a ban in the U.S. on April 5 if it is not sold to an American company.
AppLovin is one of the potential bidders attempting to acquire TikTok, sources familiar with the situation told CNBC’s David Faber on Wednesday.
AppLovin CEO Adam Foroughi has shown interest in acquiring TikTok. Foroughi described the proposal as competitive and said it involves merging AppLovin with TikTok’s global operations.According to multiple reports,
AppLovin confirms its bid but denies Steve Wynn's involvement as the platform faces an April 5 ban deadline. - Applovin, Mobile technology company AppLovin confirmed it has a deal in place to potentially acquire TikTok but refuted reports that casino mogul Steve Wynn was involved in the bid,
AppLovin (APP) has reportedly joined the bidding war to acquire TikTok from ByteDance before the short-form video app is banned in the U.S. on
AppLovin (APP), a mobile marketing and gaming company, has unexpectedly emerged as a bidder for TikTok. According to CNBC‘s David Faber, citing
Amazon and AppLovin reportedly submitted bids to acquire TikTok, ahead of a U.S. ban set to go into effect Saturday if no deal is reached with the app's Chinese parent company.
Meanwhile, a separate group led by OnlyFans founder Tim Stokely is also said to be exploring a bid, underscoring the fierce competition to take over TikTok’s global business. AppLovin’s announcement comes during a turbulent time for the company. According to Benzinga Pro, APP stock has lost over 19% in the past year.
TikTok ban deadline looming as Amazon, AppLovin and more TikTok bids announced. Will Bytedance, Trump strike deal to save TikTok in US? What to know