Wyoming billionaire Reid Rasner says his team has been in touch with White House over TikTok bid
Under his proposed plan, the platform would offer payment tiers for users to buy into the platform as “founding members.”
Greek Reporter2d
Reddit Co-Founder Joins Bid to Buy TikTok
Reddit co-founder Alexis Ohanian announced he is joining a US bid to buy TikTok, as a strategic advisor for the purchase effort.
Global TikTok advertising revenue forecast to top $30 billion
If a ban in the US is avoided, TikTok is forecast to earn $11.8bn in US ad revenue this year (up 21.0%, outpacing overall US social media ad investment, which is set to grow 10.6%), rising to $13.4bn in 2026. Instagram stands to benefit most from a TikTok ban, WARC Media estimates, with spend also going to YouTube and Snapchat.
UK data protection watchdog investigating how TikTok uses children’s personal data
TikTok and Reddit under UK investigation for mishandling children's personal data
UK probes TikTok, Reddit over children's personal data practices
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