News & Reviews:   TikTok sale

After years of regulatory uncertainty and political pressure, TikTok’s sale of its U.S. operations to a consortium of primarily American investors is now moving toward a 22 January 2026 closing date. The deal follows U.S. legislation, the Protecting Americans From Foreign Adversary Controlled Applications Act, that required ByteDance, TikTok’s Chinese parent company, to divest its U.S. business or face a nationwide ban.

Since President Donald Trump signed an executive order granting TikTok a 75-day stay on a ban, many companies and individuals have been aiming to purchase the platform. It's said that Elon Musk, Microsoft, and Oracle are all in the race to buy TikTok. Now, there's a new player in the race.