President Donald Trump said over the weekend there are lots of potential buyers and said he'd like to keep the app alive. The administration has set an April 5 deadline for the app to be banned if it is not sold by it's Chinese-owned parent company, ByteDance.
(Reuters) -Marketing platform AppLovin said on Thursday it has submitted a bid for TikTok assets outside of China, ahead of the April 5 deadline set by the U.S. President Donald Trump to find a non-Chinese buyer for the short video app used by 170 million Americans.
According to the White House, several potential buyers have bid on the popular social media app to ensure its continued
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According to a report from The Information, Trump plans to announce his master plan for keeping TikTok alive in the US through a new entity called “TikTok America.” The idea is to split the company between US investors (50%), existing ByteDance investors (roughly one-third), and ByteDance itself maintaining a 19.9% stake.
TikTok creator ByteDance has an AI image generation model called InfiniteYou that lets you create fake photos of yourself.
TikTok temporarily went dark for its 170 million American users but was reinstalled “as a result of President Trump’s efforts,” according to the app. Now it’s facing another possible ban.
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YouTube announced new video creation tools for short videos ahead of a pending deadline for TikTok owner ByteDance to sell it or be banned from the United States.
Nvidia’s H20 server chip is the primary chip the firm is legally permitted to sell in China. Read more at straitstimes.com. Read more at straitstimes.com.
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