this post was submitted on 14 Dec 2025
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A billionaire investor keen on buying TikTok's US operations has told the BBC he has been left in limbo as the latest deadline for the app's sale looms.

The US has repeatedly delayed the date by which the platform's Chinese owner, Bytedance, must sell or be blocked for American users.

Donald Trump appears poised to extend the deadline for a fifth time on Tuesday.

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[–] MagicShel@lemmy.zip 11 points 3 months ago

Does the guy not realize he needs to give Trump money to close the deal? Trump must get so frustrated when people don't understand the mob boss mentality.

[–] SolacefromSilence@fedia.io 3 points 3 months ago

2 more weeks

[–] avidamoeba@lemmy.ca 1 points 3 months ago

This Frank McCourt guy seems to be behind some investor consortium bidding to buy TikTok called The People's Bid for TikTok. A consortium also joined by fucking Kevin O'Leary. From their website:

The People’s Bid for TikTok is a once-in-a-generation opportunity for Americans to reclaim their digital identities and have a voice, choice, and stake in the future of the internet.

A bunch of billionaires bidding for TikTok are dressing this as "people's bid." Fucking surreal.