TikTok, Applovin
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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.
From CNBC
On Jan. 18, I was one of millions of Americans scrolling through TikTok when service for the all-you-can-binge video buffet suddenly halted just before a federal government ban went into effect.
From Seattle Times
President Donald Trump was blindsided by news that Elon Musk would be briefed on secret plans for a potential war with China at the Pentagon in March, according to a report from the Wall Street Journa...
From Yahoo
Read more on News Digest
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.
Cryptocurrency foundation Hbar and Zoop, a startup led by Tim Stokely, the co-founder of OnlyFans, submitted a plan to buy TikTok to the White House, according to USA Today.
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,
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.
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
President Trump has extended the deadline for a TikTok deal — and pushed the bidding war for the social media app into overdrive. The president is known for his dealmaking and he is enjoying the jockeying, sources told me. “Trump is the ultimate decision maker,” a source close to Trump said. “He just extended the deal. All bids are on the table.”
AppLovin has made a preliminary bid to acquire TikTok's operations outside China ahead of the April 5 deadline set by President Trump. This move could strengthen AppLovin's global advertising position.
3don MSN
Digital-advertising platform AppLovin on Thursday became the latest company to express interest in TikTok, ahead of an April 5 deadline to avoid a ban in the U.S.