TikTok goes dark for US users as law banning platform set to take effect
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MrBeast is officially bidding for TikTok
By Maria Sole Campinoti and Clare Duffy, CNN4 minute read
Published 6:10 PM EST, Tue January 21, 2025
MrBeast celebrates the premiere of the new Prime Video series “Beast Games” at a content creator special screening on December 18, 2024 in Santa Monica, California.
Jon Kopaloff/Getty Images for Prime Video
YouTube and TikTok star MrBeast is looking to buy TikTok as part of a group of investors, as a 75-day time limit ticks down for the social media company to find a non-Chinese owner or risk being permanently banned.
“Okay fine, I’ll buy Tik Tok so it doesn’t get banned,” MrBeast, whose real name is Jimmy Donaldson, posted on X on January 13th. But while his tone was joking, Donaldson – the single most popular YouTuber and the third-most popular TikToker – was serious, his lawyer told CNN Tuesday.
The bid from Donaldson and a group of investors is just the latest twist in what’s been an extraordinary few days for TikTok.
It went dark on Saturday night as a nationwide ban was looming but was back online about 12 hours later, after President Donald Trump announced he would sign an executive order to delay the ban by 75 days.
Two days after his post on X, Donaldson posted a video on TikTok, where he announced his intention to buy the social media platform.
“I just got out of a meeting with a bunch of billionaires.
The bid comes in response to the Supreme Court’s decision to uphold the federal law banning TikTok unless it is sold to a non-China-based company, a spokepserson for the Paul Hastings law firm, which represents the consortium in the bid, told CNN in a statement.
The investor group, which is led by Jesse Tinsley, the founder and CEO of Employer.com, is made up of “institutional investors and high-net-worth individuals
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100天快到了，不知谁买下来了？
总统说过，应当用不了100天可以成交，如果不够，还可以延长，意思就是直到卖出去为止。
总统说过，应当用不了100天可以成交，如果不够，还可以延长，意思就是直到卖出去为止。
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4月5日是TikTok出售给非中国买家的期限，川普说如果不能如期达成交易，他愿意再次延长，他可以给中国降低关税以促成交易。
摘要：
特朗普愿意延长 TikTok 交易截止日期
中国批准对 TikTok 所有权解决方案至关重要
白宫深度参与 TikTok 谈判
Trump says he may give China reduction in tariffs to get TikTok deal done
By David Shepardson and Dawn ChmielewskiMarch 26, 20259:55 PM EDT Updated 2 hours ago
- Summary
- Trump willing to extend TikTok deadline for deal
- China's approval crucial for TikTok ownership resolution
- White House deeply involved in TikTok negotiations
ByteDance has an April 5 deadline to find a non-Chinese buyer for TikTok or face a U.S. ban on national security grounds that was supposed to have taken effect in January under a 2024 law.
The law is the result of concern in Washington that TikTok's ownership by ByteDance makes it beholden to the Chinese government and that Beijing could use the app to conduct influence operations against the United States and collect data on Americans.
Trump said he was willing to extend the April deadline if an agreement over the social media app was not reached.
He acknowledged the role China will play to get any deal done, including giving its approval, saying "maybe I'll give them a little reduction in tariffs or something to get it done," Trump told reporters.
TikTok did not immediately comment.
Trump's comment suggests the sale of TikTok's is a priority for his administration and important enough to use tariffs as a bargaining chip with Beijing.
In February and earlier this month, Trump added levies totaling 20% to existing tariffs on all imports from China.
TikTok app logo is seen in this illustration taken, August 22, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing Rights, opens new tab
Getting China to agree to any deal to give up control of a business worth tens of billions of dollars has always been the biggest sticking point to getting any agreement finalized. Trump has used tariffs as a bargaining chip in the TikTok negotiations in the past.
On January 20, his first day in office, he warned that he could impose tariffs on China if Beijing failed to approve a U.S. deal with TikTok.
Vice President JD Vance has said he expects the general terms of an agreement that resolves the ownership of the social media platform to be reached by April 5.
Reuters reported last week that White House-led talks among investors are coalescing around a plan for the biggest non-Chinese backers of ByteDance to increase their stakes and acquire the video app's U.S. operations, according to two sources familiar with the discussions.
The future of the app used by nearly half of all Americans has been up in the air since a law, passed with overwhelming bipartisan support, required ByteDance to divest TikTok by January 19.
The app briefly went dark in January after the U.S. Supreme Court upheld the ban, but flickered back to life days later once Trump took office.
Trump quickly issued an executive order postponing enforcement of the law to April 5 and said last month that he could further extend that deadline to give himself time to shepherd a deal.
The White House has been involved to an unprecedented level in the closely watched deal talks, effectively playing the role of investment bank.
Free speech advocates have argued that the ban unlawfully threatens to restrict Americans from accessing foreign media in violation of the First Amendment of the U.S. Constitution.
Reporting by Dawn Chmielewski in Los Angeles; David Shepardson, Kanishka Singh, Nandita Bose and Andrea Shalal in Washington; Editing by Stephen Coates
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4月5日的出售/封禁的期限即将到期，川普权衡的几个交易选项，任何交易必须获得川普和习近平的认可。甲骨文 Oracle 和黑石 Blackstone 参与了收购交易，现在TikTok 在美国的服务器，数据库又甲骨文管理。交易由副总统万斯领导实施，另外还有几家风投公司，亚马逊，微软等表示购买意向，2020年微软和Walmart联合出价300亿美元收购 Tiktok ，没有达成交易，这次出价400亿。
Trump to weigh options for potential TikTok deal, sources say, with ban days away
By Kayla Tausche and Alayna Treene, CNNPublished 1:08 PM EDT, Wed April 2, 2025
TikTok is seen in the app store of a Google Pixel on January 8.
Brook Joyner/CNN
CNN — Advisers to President Donald Trump are expected Wednesday to present the president with options for a deal to invest in TikTok that involves a number of well-heeled venture capital, private equity funds and tech companies, multiple sources familiar with the discussions say, as the White House tries to cleave the popular social video app away from Chinese ownership ahead of an April 5 deadline.
Interested parties have been eyeing a takeover of the popular short-form video app since US lawmakers passed a bill requiring the app to be sold to a US entity or be banned in the country. When Trump took office, he declined to enforce the ban for 75 days to reach a deal, but the law requires a deal to be in advanced negotiation stages to pursue another delay in banning the app.
Two large hurdles must be cleared for any potential deal: Trump must sign off on a proposal and China’s President Xi Jinping must then agree. Xi has been opposed to giving away any valuable technology infrastructure, most notably TikTok’s additive algorithm that decides which content appears for individual users.
Technology giant Oracle and private equity firm Blackstone are expected to be involved in a potential deal, according to sources involved in the discussions. Larry Ellison, Oracle’s founder, is close to the White House, having flanked Trump for announcements on data centers and other pledges. Oracle manages TikTok’s US servers. In 2020, Oracle proposed a plan nicknamed “Project Texas” to circumvent a potential ban by storing TikTok’s US user data separately from the rest of ByteDance’s data.
That proposal, made in Trump’s first term, was in response to an executive order forcing ByteDance to sell TikTok’s US operations for national security reasons, but it eventually fell apart.
Vice President JD Vance is leading a new process to find a buyer or majority investor to satisfy the requirements of the bipartisan law. Vance is expected to present Trump with a deal for TikTok that includes an investment by a number of leading private equity and venture capital funds to offset ByteDance’s ownership.
Silicon Valley venture capital firm Andreessen Horowitz – whose founder Marc Andreessen is close to Elon Musk – and bicoastal private equity firm Silver Lake are also said to have expressed interest, according to two sources familiar with the matter. Private equity firm The Blackstone Group has also held discussions about potential involvement.
Andreessen Horowitz declined to comment. Silver Lake did not respond to requests for comment.
Amazon also made a last-minute bid, two people familiar with the offer told CNN. The offer was laid out in a letter to Vance and Commerce Secretary Howard Lutnick, the people said.
Vance and other top officials who have been negotiating a broader TikTok venture are not seriously considering the Amazon offer, one of the people said. Not only because of the timing of the bid — it came at the 11th hour, shortly before the April 5 deadline before the pause on a Biden-era TikTok ban expires — but also because Vance and his team have hashed out the far more complex deal with the tech and finance world.
The White House team involved in the talks had already ruled out the notion of agreeing to a complete sell-off of the app from Byte Dance, the people said. Instead, Vance and others plan have worked out a more nuanced proposal that would involve several different companies investing in the future of TikTok.
“We have cooked up this very complex new ownership group that includes complex technological agreements dictated by law in this new structure. That’s proposal A,” one of the people said.
Amazon declined comment to CNN. The New York Times first reported Amazon’s offer.
Technology giant Microsoft also expressed interest in TikTok, according to three sources involved in the process, who said that the company floated a roughly $40 billion offer for the app. Microsoft unsuccessfully attempted to buy the US subsidiary of ByteDance in 2020 alongside Walmart for a reported $30 billion.
Vance, Lutnick, National Security Adviser Mike Waltz and Director of National Intelligence Tulsi Gabbard will present the proposal to Trump in the Oval Office on Wednesday, the people said.
It’s unclear how far Microsoft’s recent discussions advanced; an administration official disputed that a Microsoft bid had been submitted.
“We have a lot of potential buyers, there’s tremendous interest in TikTok. The decision is going to be my decision,” Trump told reporters on Air Force One Sunday. “I’d like to see TikTok remain alive.”
Trump, who changed his posture toward TikTok during the 2024 election, credits the app with helping his standing among young voters.
The bipartisan law signed by former President Joe Biden requires the president to certify that a “qualified divestiture” of TikTok has taken place and the app is no longer controlled by ByteDance, which it designates as a “foreign adversary” controlled company. According to the law, ByteDance can own no more than 20% of the platform. It also states that the app’s US operations can not have any coordination with ByteDance when it comes to its algorithm or data sharing practices.
TikTok, which did not respond to requests for comment, went offline in the United States the day before Inauguration Day for around 12 hours. When it came back online, the app had a message thanking Trump for delaying the enforcement of the ban.
“We will work with President Trump on a long-term solution that keeps TikTok in the United States,” TikTok said at the time.
TikTok CEO Shou Chew attended Trump’s inauguration, seated on stage along the cabinet secretaries and other tech CEOs.
CNN’s Hadas Gold and Clare Duffy contributed to this report.
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