Ultrawealthy investors are vying to buy TikTok heres what some would do if they took over the megaapp

Image for article 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]

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