A TikTok acquisition by Elon Musk would create opportunities and risks for advertisers, as well as price concerns after his X track record.
TikTok’s time will expire on Jan. 19 if no buyer is found or the Supreme Court rules in the app’s favor. Here’s what to know.
Musk continues to fight the Delaware Court of Chancery’s decision to overturn his compensation plan at Tesla, appealing two decisions from the court to the Delaware Supreme Court last week. Since December,
Chinese officials are reportedly exploring a backup plan for TikTok after the Supreme Court appeared unlikely to save it from a US ban. With TikTok’s legal options nearly exhausted, multiple news outlets are reporting that China is considering an option it previously said it wouldn’t: letting ByteDance sell the app.
Editor’s Note: As the Supreme Court has upheld the U.S. TikTok ban, many organizations that have been active on the platform, including Scientific American, are adapting to this shift. We want to let you know that you can still find our videos on Instagram and YouTube.
The cracks between the tech broligarchs who are now flocking around Trump and the populist MAGA movement that launched him began to reveal themselves in late December when the provocateur Laura Loomer started attacking the H-1B visa, which facilitates the staffing of a significant portion of the tech industry.
Chinese officials reportedly want ByteDance Ltd. to remain the owners of TikTok but is in discussion on how to work with the Trump Administration.
Could Elon Musk save TikTok in the US? China weighs option to sell the controversial TikTok social media app's US operations ahead of looming ban