AppLovin CEO Adam Foroughi called the company's late-stage bid to acquire TikTok a "much stronger bid than others" on CNBC's The Exchange.

AppLovin is eyeing a merger with the global operations of TikTok. Its CEO Adam Foroughi explains why it's a better proposal for TikTok.

With a national ban on TikTok increasingly unlikely, let’s reflect on how the app both sparks joy among users and raises mental health concerns.

President Donald Trump said Sunday that he won't back down on his sweeping tariffs on imports from most of the world unless countries even out their trade with the U.S., digging in on his plans to implement the taxes that have sent financial markets reeling.

President Donald Trump's plans to enable a US acquisition of TikTok have been thwarted by Trump's plans to tariff the shit out of China. According to The Verge, the new global tariffs imposed on China and dozens of other nations "seemingly torpedoed" plans for candidates — mostly like Oracle — to take over the ByteDance-owned app.

After President Donald Trump made his tariff announcement on Wednesday, ByteDance informed the White House that China would not approve a TikTok deal until tariff negotiations could be held.

"We had a deal pretty much for TikTok — not a deal but pretty close — and then China changed the deal because of the tariffs," Trump said on Sunday.

On Friday morning, the Trump administration extended the deadline for China-based ByteDance to sell TikTok. For another 75 days, the video-sharing app will remain as is for its 170 million United States users — unless the extension is challenged.