Yet another major corporation is interested in purchasing TikTok, though Walmart is interested in partnering with Microsoft rather than buying TikTok alone.
Just hours after Kevin Mayer quit his role as CEO of TikTok, a report emerged that his departure indicates that TikTok could be sold within the next 48 hours.
Kevin Mayer, who joined TikTok as Chief Executive Officer in May, has decided to leave the company ahead of an impending ban in the U.S.
TikTok may file a legal challenge against President Trump's executive order effectively banning the app in the U.S. as early as Monday.
The profiles of 235M Instagram, TikTok, and YouTube users have been exposed in a database breach after they were collected and stored through a process known as "web scraping."
Oracle has reportedly entered the race to acquire TikTok from ByteDance, challenging Microsoft for the acquisition.
A White House document has reportedly clarified that an executive order targeting TikTok could see it removed from app stores and prevented from hosting advertising on its platform.
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