Ultrawealthy investors are vying to buy TikTok heres what some would do if they took over the megaapp
News Source : Business Insider
News Summary
- A panel of judges upheld a law that will ban TikTok from app stores in the United States if the social media platform's parent company doesn't sell its stake in the app by January 19
- TikTok said it would appeal the decision to the Supreme Court on First Amendment grounds
- Big-name buyers, from Kevin O'Leary of "Shark Tank" to former Dodgers owner Frank McCourt, have said for months they are prepared to step in
The US Appeals Court upheld a decision forcing the sale of TikTok from its Chinabased parent company, ByteDance, lest the shortform video platform be banned in the US.Celal Gunes/Anadolu via Getty [+6169 chars]