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#TikTok. says it's restoring service in the US šŗšø after #TRUMP offers assurancesš¤
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#TikTok. says it's restoring service in the US šŗšø after #TRUMP offers assurancesš¤
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TikTok is about to be banned in the United States. How much will Sonic SVM's "bringing TikTok traffic to Web3" be affected?
In the Web3 world, traffic entry often determines the success or failure of a project. As a Layer-2 expansion solution on Solana, Sonic SVM has set its sights on the short video platform TikTok and successfully attracted more than two million players by launching the point-to-earn game SonicX.
In the past "Web3 Game TGE" week, Sonic SVM (SONIC) performed brilliantly, with no suspicion of fraud or continuous decline. After the SONIC token was launched on January 7, it became the 9th most valuable L2 token with a FDV of $1.94 billion the next day, and it is also the only Solana-based L2 token in the top 10. As of January 16, the price of SONIC was about $0.72. The price has been relatively stable since its launch, and it does not seem to be affected by TikTok's upcoming ban in the United States.
In the past "Web3 Game TGE" week, Sonic SVM (SONIC) performed brilliantly, with no suspicion of fraud or continuous decline. After the SONIC token was launched on January 7, it became the 9th most valuable L2 token with a FDV of $1.94 billion the next day, and it is also the only Solana-based L2 token in the top 10. As of January 16, the price of SONIC was about $0.72. The price has been relatively stable since its launch, and it does not seem to be affected by TikTok's upcoming ban in the United States.
š„š„š„š„ NEWS UPDATE š„š„š„š„
Alexis Ohanian Considers Blockchain Integration for TikTok Acquisition
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According to Odaily, Reddit co-founder Alexis Ohanian is contemplating the acquisition of TikTok with plans to integrate the social media app onto a blockchain platform. The proposed integration involves the Frequency blockchain, a decentralized social media protocol designed to give users control over their online content. Frequency, developed by Project Liberty, aims to enhance transparency, accountability, and data ownership.
Ohanian expressed his enthusiasm on the X platform, stating, "This is exciting news for the digital world. I am now officially one of those attempting to purchase TikTok US and bring it onto the blockchain. TikTok has revolutionized the creator landscape, and its future should be shaped by them. Users should own their data, and creators should own their audience. That's it."
#USTariffs #tiktok #blockchain $XRP
Alexis Ohanian Considers Blockchain Integration for TikTok Acquisition
šØšØšØšØšØšØšØšØšØšØšØšØšØšØšØ
According to Odaily, Reddit co-founder Alexis Ohanian is contemplating the acquisition of TikTok with plans to integrate the social media app onto a blockchain platform. The proposed integration involves the Frequency blockchain, a decentralized social media protocol designed to give users control over their online content. Frequency, developed by Project Liberty, aims to enhance transparency, accountability, and data ownership.
Ohanian expressed his enthusiasm on the X platform, stating, "This is exciting news for the digital world. I am now officially one of those attempting to purchase TikTok US and bring it onto the blockchain. TikTok has revolutionized the creator landscape, and its future should be shaped by them. Users should own their data, and creators should own their audience. That's it."
#USTariffs #tiktok #blockchain $XRP
TikTok IPO: How to Buy TikTok Stock in 2023?
TikTok is an immensely popular social media platform where users can record and edit short videos and share them with a global audience. TikTok is owned by ByteDance, a company headquartered in China. TikTok made its debut in 2017 and currently serves around 1 billion monthly active users. Notably, TikTok has a ātwin appā called Douyin, which is focused on the Chinese market.Given TikTokās huge success, itās not surprising that many people are wondering how to buy TikTok stock or how to invest in TikTok. In this article, weāll explain why itās currently difficult for the average investor to invest in TikTok since ByteDance is a privately owned company. Still, weāll show you some methods of how you can get some indirect exposure to the success of TikTok.Ā Who owns TikTok?TikTok is owned by ByteDance, a China-based company with several products such as TikTok, Douyin, Mobile Legends, PICO, Lemon8, Baike.com and others.ByteDance was founded by Zhang Yiming and Liang Rubo in March 2012. The companyās first product was Toutiao, a platform that provides news and informative content, using algorithmic models to tailor the displayed content on a user-by-user basis.In Ocotber 2023, ByteDance was valued at $223.5 billionfollowing an employee buyback program, according to Reuters.Ā However, ByteDance has reached even higher valuations in the past, as it was valued above $400 billion at its peak.Can you buy TikTok stock?No, you cannot buy TikTok stock because ByteDance is not a publicly traded company.Still, there are indirect ways of gaining exposure to TikTok. This is because certain companies that have a stake in TikTok are publicly traded. By buying stock in these companies, you could benefit from the success of TikTok, although the companies also have many other holdings which could impact their overall performance.KKR & Co Inc is a global investment company based in the United States. The company has invested in ByteDance on two occasions, in 2018 (at a $75 billion valuation for ByteDance) and in 2020 (at a $180 billion valuation for ByteDance). KKR & Co Inc is traded publicly on the New York Stock Exchange under the ticker KKR.Ā SoftBank isĀ a Japan-based investment holding company. SoftBank made an undisclosed investment in ByteDance through its SoftBank Vision Fund in 2018. SoftBank is publicly traded on the Tokyo Stock Exchange.Potentially, you could also invest in TikTok through platforms like EquityBee and EquityZen, where investors can purchase stock in certain privately-held companies.Ā Is TikTok a good investment?With 1 billion monthly active users, the potential upside of investing in TikTok is certainly significant. According to data from Business of Apps, TikTokās annual revenue has grown from $63 million in 2017 to $9.4 billion in 2022.Ā The TikTok app has seen 3.3 billion in cumulative downloads since its launch in 2017. It is currently the 5th-largest social media app, following Facebook, YouTube, WhatsApp, and Instagram.However, investors in TikTok are also facing significant risks, many of which are rooted in ByteDance being a Chinese company.Ā TikTok is a controversial app, with several countries enacting or at least considering restricting or even banning the app. TikTok is banned outright in India, Iran, Pakistan and several other countries. Meanwhile, Belgium and Canada have banned TikTok from all work devices used by government workers.The United States has also been considering banning TikTok and putting pressure on ByteDance. For example, former U.S. president Donald Trump signed an order in 2020 that stipulated that TikTok would be banned if ByteDance didnāt sell or spin off TikTok within a specified time period. The order was later revoked by Joe Biden.Ā More than 30 U.S. states prohibit government workers and contractors from having the TikTok app installed on government-issued devices.Itās also important to keep in mind that while TikTokās success is very impressive, the competition is not sleeping. For example, online video giant YouTube has launched its YouTube Shorts platform, which has many parallels with TikTok.Ā Will there be a TikTok IPO?During the Trump administration, there were rumors that ByteDance was considering spinning off TikTok as a separate company and conducting a TikTok IPO. However, this plan has not materialized. In August 2022, ByteDance CFO Julie Gao told employees the company had no plans to go public.At the moment, there is no reason to believe that ByteDance is planning to go the IPO route itself or even conduct a separate TikTok IPO. However, this could obviously change in the future, as a ByteDance IPO would provide a clear path for investors in the company to realize some of their gains.FAQsHow to buy TikTok stock?The average investor currently canāt buy TikTok stock because TikTok isnāt publicly traded, and neither is its parent company ByteDance. While there have been some rumors of a TikTok IPO in the past, ByteDance currently doesnāt appear to have plans to take the platform public.What is the TikTok stock price?The TikTok stock price is currently unknown because TikTok and its parent company, ByteDance, arenāt publicly traded. In 2023, ByteDance reportedly gave its employees an option to buy their stock in the company at a price of $155 per share.What is the TikTok stock ticker?Currently, TikTok is not traded publicly, so it does not have a stock ticker.Can you buy TikTokās parent company stock?TikTokās parent company, ByteDance, is not publicly listed, so regular investors canāt buy its stock at the moment.The bottom line: The average investor currently has no good way of investing in TikTokWhile TikTok is potentially a very attractive investment, the average investor canāt access it at the moment because ByteDance is not a publicly traded company. In the future, we could see a ByteDance IPO, but thereās also a chance that ByteDance could spin off the platform, opening the doors for a TikTok IPO.If youāre also interested in investing in other stocks, check out our article exploring the 10 best stocks to buy right #Meme #Tiktok #digitalcrypto #BinanceSquare #tia $BTC $ETH $BNB
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šØšŗš²Trump: 50% US stake in TikTok in exchange for its continued presence in the country
In an unexpected move, US President-elect Donald Trump announced his intention to issue an executive order next Monday to extend the deadline before the TikTok ban is implemented, noting that this measure "gives an opportunity to reach an agreement that guarantees the protection of national security." He added that companies that contribute to the continuation of the application before the ban is issued will not bear any legal liability.
As of January 26, 2025, TikTok's status in the United States remains uncertain due to ongoing legal and political developments. Here are the top five recent updates:
TikTok Restores Service After Temporary Shutdown On January 18, 2025, TikTok suspended its operations in the U.S. following a Supreme Court decision upholding a law that mandated its sale or ban due to national security concerns. However, service was restored shortly after President-elect Trump announced plans to issue an executive order granting TikTok an extension, allowing the app to resume operations within hours on January 19, 2025.
Supreme Court Upholds Law Mandating TikTok's Sale or Ban The U.S. Supreme Court upheld a federal law requiring TikTok's parent company, ByteDance, to divest its U.S. operations by January 19, 2025, or face a ban. This decision was based on concerns over data privacy and potential foreign influence.
TikTok's Legal Challenges and Appeals TikTok has actively challenged the divestment law, arguing that it violates First Amendment rights and lacks evidence of national security threats. Despite these efforts, the Supreme Court has thus far upheld the law, leaving TikTok's future in the U.S. uncertain.
Impact on TikTok Users and Content Creators The potential ban has caused significant concern among TikTok users and creators in the U.S., many of whom rely on the platform for income and community engagement. The uncertainty has led some to explore alternative platforms and develop contingency plans.
Global Implications and Responses The situation in the U.S. has prompted discussions in other countries regarding TikTok's operations and data practices. Nations such as Canada, the European Union, and the United Kingdom have already restricted the app on government devices and are considering broader actions.
#TikTokBan #ByteDance #tiktok #SocialMedia #TechNews
TikTok Restores Service After Temporary Shutdown On January 18, 2025, TikTok suspended its operations in the U.S. following a Supreme Court decision upholding a law that mandated its sale or ban due to national security concerns. However, service was restored shortly after President-elect Trump announced plans to issue an executive order granting TikTok an extension, allowing the app to resume operations within hours on January 19, 2025.
Supreme Court Upholds Law Mandating TikTok's Sale or Ban The U.S. Supreme Court upheld a federal law requiring TikTok's parent company, ByteDance, to divest its U.S. operations by January 19, 2025, or face a ban. This decision was based on concerns over data privacy and potential foreign influence.
TikTok's Legal Challenges and Appeals TikTok has actively challenged the divestment law, arguing that it violates First Amendment rights and lacks evidence of national security threats. Despite these efforts, the Supreme Court has thus far upheld the law, leaving TikTok's future in the U.S. uncertain.
Impact on TikTok Users and Content Creators The potential ban has caused significant concern among TikTok users and creators in the U.S., many of whom rely on the platform for income and community engagement. The uncertainty has led some to explore alternative platforms and develop contingency plans.
Global Implications and Responses The situation in the U.S. has prompted discussions in other countries regarding TikTok's operations and data practices. Nations such as Canada, the European Union, and the United Kingdom have already restricted the app on government devices and are considering broader actions.
#TikTokBan #ByteDance #tiktok #SocialMedia #TechNews
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#ŠŠ»Š¾Š½ŠŠ°ŃŠŗ plans to purchase #TikTok :
Pressure on TikTok is increasing in the United States. Authorities are demanding that ByteDance sell the American segment of the platform by January 19, 2025, or the app faces a complete ban. Amid this situation, an interesting piece of news emerges: Elon Musk is mentioned among potential buyers.
For Musk, purchasing TikTok could be beneficial in several ways. Firstly, it would strengthen the ecosystem of his company X (formerly Twitter). Secondly, access to a vast amount of user data would become an important resource for his company xAI, which is focused on artificial intelligence development.
Chinese authorities, reportedly, are willing to consider such a deal if the block cannot be avoided. However, TikTok officially denies the information about a sale to Musk.
Pressure on TikTok is increasing in the United States. Authorities are demanding that ByteDance sell the American segment of the platform by January 19, 2025, or the app faces a complete ban. Amid this situation, an interesting piece of news emerges: Elon Musk is mentioned among potential buyers.
For Musk, purchasing TikTok could be beneficial in several ways. Firstly, it would strengthen the ecosystem of his company X (formerly Twitter). Secondly, access to a vast amount of user data would become an important resource for his company xAI, which is focused on artificial intelligence development.
Chinese authorities, reportedly, are willing to consider such a deal if the block cannot be avoided. However, TikTok officially denies the information about a sale to Musk.
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š„ The Smoke of the China-U.S. Trade War Fills the Internet! TikTok Becomes the Eye of the Storm
š The China-U.S. trade war continues to be tense, and TikTok unexpectedly becomes the forefront of the psychological warfare online.
Recently, a large number of videos from Chinese creators have flooded into U.S. TikTok, impacting American consumers' shopping perceptions and challenging Trump's tariff policies.
Creators showcase Chinese factories supplying brands like Lululemon and Nike, revealing low product costs and encouraging American users to order directly from Chinese suppliers. For example, the cost of Lululemon yoga pants is 5 to 6 dollars, while the retail price in the U.S. exceeds 100 dollars, with basically the same materials and craftsmanship.
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These videos are a strong backlash against Trump's imposition of a 145% high tariff.
Although the exemption for small package tariffs has been canceled, it remains uncertain whether direct purchases can avoid taxes, but the spread of these videos reflects global skepticism about his tariff policies.
Rutgers University advisor Alex Goldenberg believes this seems like a carefully planned move to use TikTok to undermine Trump's tariff policies.
The fate of TikTok in the U.S. remains undecided.
In April 2024, Biden signed a bill requiring ByteDance to sell TikTok's U.S. business within 270 days, or face a complete ban starting January 19, 2025.
On his first day in office, Trump signed an executive order giving TikTok a 75-day grace period with the condition of "no sale, no use," and recently claimed that the sale transaction is at a standstill due to China's opposition to new tariffs.
His stance is wavering; he wants to protect domestic industries while also reluctant to part with TikTok's vast user market and commercial value, and whether he will accelerate the TikTok transaction is being closely watched by the world.
š The China-U.S. trade war continues to be tense, and TikTok unexpectedly becomes the forefront of the psychological warfare online.
Recently, a large number of videos from Chinese creators have flooded into U.S. TikTok, impacting American consumers' shopping perceptions and challenging Trump's tariff policies.
Creators showcase Chinese factories supplying brands like Lululemon and Nike, revealing low product costs and encouraging American users to order directly from Chinese suppliers. For example, the cost of Lululemon yoga pants is 5 to 6 dollars, while the retail price in the U.S. exceeds 100 dollars, with basically the same materials and craftsmanship.
Binance chat room 22418819652
These videos are a strong backlash against Trump's imposition of a 145% high tariff.
Although the exemption for small package tariffs has been canceled, it remains uncertain whether direct purchases can avoid taxes, but the spread of these videos reflects global skepticism about his tariff policies.
Rutgers University advisor Alex Goldenberg believes this seems like a carefully planned move to use TikTok to undermine Trump's tariff policies.
The fate of TikTok in the U.S. remains undecided.
In April 2024, Biden signed a bill requiring ByteDance to sell TikTok's U.S. business within 270 days, or face a complete ban starting January 19, 2025.
On his first day in office, Trump signed an executive order giving TikTok a 75-day grace period with the condition of "no sale, no use," and recently claimed that the sale transaction is at a standstill due to China's opposition to new tariffs.
His stance is wavering; he wants to protect domestic industries while also reluctant to part with TikTok's vast user market and commercial value, and whether he will accelerate the TikTok transaction is being closely watched by the world.
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TOPIC: TRON founder Justin Sun has responded positively to community suggestions to acquire TikTok, stating that he is āsupportive.ā
However, with TikTokās US valuation estimated at $40-50 billion and Sunās net worth estimated at around $2 billion, the comment seems more like a joking remark than a serious intention.
#tiktok #JustinSun #trx #tron
However, with TikTokās US valuation estimated at $40-50 billion and Sunās net worth estimated at around $2 billion, the comment seems more like a joking remark than a serious intention.
#tiktok #JustinSun #trx #tron
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Reddit, Blockchain, and the Ambition to Make TikTok a Decentralized Platform
TikTok ā the famous short video platform, is facing the risk of being banned in the US if it is not sold. Under pressure from the US government, many billionaires and large corporations are vying for the opportunity to acquire this app. A notable name that just joined the race is Alexis Ohanian, co-founder of Reddit, with the ambition to bring TikTok to the blockchain so that users truly hold control over their data.
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$XRP $BTC $ETH
I bought all these coins that were launched yesterday morning. I created a wallet with 23 dollars of each one, let's see what fruits it yields. I believe that if you never invest, you will never be able to win, and besides that, you have to take risks. Millionaires became millionaires by betting and seeing the play, not as spectators. What do you think? Is this a good portfolio? It is in the web3 of Binance. I invite you to do the same. I didn't think of this before with the other coins that were there like #trump and I missed the opportunity to grab thousands of dollars. Now let's try with the one of #tiktok #elon #BARRON #s1 and more coins. I hope you all do super well and soon your portfolios are filled with money. Many blessings and may the blessing of God be with us.
I bought all these coins that were launched yesterday morning. I created a wallet with 23 dollars of each one, let's see what fruits it yields. I believe that if you never invest, you will never be able to win, and besides that, you have to take risks. Millionaires became millionaires by betting and seeing the play, not as spectators. What do you think? Is this a good portfolio? It is in the web3 of Binance. I invite you to do the same. I didn't think of this before with the other coins that were there like #trump and I missed the opportunity to grab thousands of dollars. Now let's try with the one of #tiktok #elon #BARRON #s1 and more coins. I hope you all do super well and soon your portfolios are filled with money. Many blessings and may the blessing of God be with us.
China Considers Selling TikTok's U.S. Operations to Elon Musk Amid Looming Ban
Chinese officials prefer TikTok to remain under its parent company ByteDance. However, with a potential U.S. market ban looming, they are considering the option of Elon Musk acquiring TikTok's U.S. operations.
TikTok Faces Ban in the U.S.
The United States is actively debating a potential ban on TikTok, with the U.S. Supreme Court indicating it might support the move. TikTok has until January 19 to sell its U.S. operations or face removal from app stores and servers across the country.
TikTok argues that such a removal would violate the rights of its 170 million American users to free speech and content sharing. However, most Supreme Court justices have signaled that U.S. national security concerns outweigh the company's commercial interests or creators' freedom of expression rights.
China Considering Elon Musk's Role
In light of the looming ban, reports suggest that the Chinese government is considering allowing Elon Musk to take over TikTok's U.S. operations. Some proposals even include merging Musk's X project with TikTok. However, no concrete deal has been confirmed.
The extent of ByteDance's involvement and whether negotiations between Musk, TikTok, and ByteDance are taking place remains unclear. TikTok's U.S. operations are estimated to be worth approximately $40 to $50 billion. Yet, questions linger about how Musk would fund such a large acquisition, especially as he continues to repay significant loans for his Twitter purchase.
China's Influence on the Deal
If TikTok decides to sell its U.S. division, the Chinese government will have significant influence over approving the transaction. While TikTok claims that Chinese government oversight only applies to its sister app Douyin, China's export laws restrict the sale of software algorithms to foreign entities.
Whether TikTok's U.S. operations will be sold to Musk or another company ultimately hinges on political and regulatory factors.
#ElonMusk , #tiktok , #CryptoNewss , #china , #CryptoNewsCommunity
Stay one step ahead ā follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.ā
TikTok Faces Ban in the U.S.
The United States is actively debating a potential ban on TikTok, with the U.S. Supreme Court indicating it might support the move. TikTok has until January 19 to sell its U.S. operations or face removal from app stores and servers across the country.
TikTok argues that such a removal would violate the rights of its 170 million American users to free speech and content sharing. However, most Supreme Court justices have signaled that U.S. national security concerns outweigh the company's commercial interests or creators' freedom of expression rights.
China Considering Elon Musk's Role
In light of the looming ban, reports suggest that the Chinese government is considering allowing Elon Musk to take over TikTok's U.S. operations. Some proposals even include merging Musk's X project with TikTok. However, no concrete deal has been confirmed.
The extent of ByteDance's involvement and whether negotiations between Musk, TikTok, and ByteDance are taking place remains unclear. TikTok's U.S. operations are estimated to be worth approximately $40 to $50 billion. Yet, questions linger about how Musk would fund such a large acquisition, especially as he continues to repay significant loans for his Twitter purchase.
China's Influence on the Deal
If TikTok decides to sell its U.S. division, the Chinese government will have significant influence over approving the transaction. While TikTok claims that Chinese government oversight only applies to its sister app Douyin, China's export laws restrict the sale of software algorithms to foreign entities.
Whether TikTok's U.S. operations will be sold to Musk or another company ultimately hinges on political and regulatory factors.
#ElonMusk , #tiktok , #CryptoNewss , #china , #CryptoNewsCommunity
Stay one step ahead ā follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.ā
š #tiktok Crypto Advice: A Risky Trend?
A recent study by CryptoNinjas and Storible has uncovered alarming statistics about the crypto advice circulating on TikTok:
š 68% of crypto-related content is misleading.
ā ļø 96% of meme coin promotions are false or exaggerated.
š” Only 0.3% of influencers hold relevant qualifications.
With unqualified influencers pushing high-risk investments and misleading promises of massive returns, the stakes have never been higher for unsuspecting viewers. Many promoted tokens are now worthless, leaving investors with significant losses.
As TikTok continues to shape how crypto is marketed, it's crucial for enthusiasts to separate credible advice from clickbait.
š Discover the full story and learn how to protect your investments: www.ecoinimist.com
#CryptoNews #TikTokTrends #InvestingWisely
A recent study by CryptoNinjas and Storible has uncovered alarming statistics about the crypto advice circulating on TikTok:
š 68% of crypto-related content is misleading.
ā ļø 96% of meme coin promotions are false or exaggerated.
š” Only 0.3% of influencers hold relevant qualifications.
With unqualified influencers pushing high-risk investments and misleading promises of massive returns, the stakes have never been higher for unsuspecting viewers. Many promoted tokens are now worthless, leaving investors with significant losses.
As TikTok continues to shape how crypto is marketed, it's crucial for enthusiasts to separate credible advice from clickbait.
š Discover the full story and learn how to protect your investments: www.ecoinimist.com
#CryptoNews #TikTokTrends #InvestingWisely
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š„Alexis Ohanian, co-founder of Reddit, confirms participation in the effort to acquire TikTok in the United States through Project Liberty with the goal of bringing the platform to the blockchain.
If successful, TikTok could become a decentralized social network, allowing users to control their data and increase transparency. However, this plan faces many legal, financial, and technological challenges. Nevertheless, Ohanian's move demonstrates the potential of blockchain in transforming the social media industry.
#tiktok #blockchain
If successful, TikTok could become a decentralized social network, allowing users to control their data and increase transparency. However, this plan faces many legal, financial, and technological challenges. Nevertheless, Ohanian's move demonstrates the potential of blockchain in transforming the social media industry.
#tiktok #blockchain
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The co-founder of the "Reddit" platform seeks to buy "TikTok" and transform it into a blockchain-based platform
The co-founder of Reddit is seeking to purchase TikTok and convert it into a blockchain-based platform. The co-founder of Reddit is seeking to buy TikTok and transform it into a blockchain-based platform.
Alexis Ohanian, the co-founder of "Reddit," announced his involvement in efforts to purchase the "TikTok" platform in the United States and convert it to blockchain technology using the "Frequency" protocol, giving users greater control over their data and content.
This comes amid pressure on "ByteDance" to sell TikTok US by April, according to the Biden administration's law.
Ohanian's group, which includes investor Kevin O'Leary, is competing with major companies like "Microsoft" and "Oracle."
"ByteDance" has not officially confirmed its intention to sell, and there are still technical challenges regarding how to adapt the massive platform to blockchain infrastructure.
#tiktok #reddit #oracle #Microsoft #bytedance
The co-founder of Reddit is seeking to purchase TikTok and convert it into a blockchain-based platform. The co-founder of Reddit is seeking to buy TikTok and transform it into a blockchain-based platform.
Alexis Ohanian, the co-founder of "Reddit," announced his involvement in efforts to purchase the "TikTok" platform in the United States and convert it to blockchain technology using the "Frequency" protocol, giving users greater control over their data and content.
This comes amid pressure on "ByteDance" to sell TikTok US by April, according to the Biden administration's law.
Ohanian's group, which includes investor Kevin O'Leary, is competing with major companies like "Microsoft" and "Oracle."
"ByteDance" has not officially confirmed its intention to sell, and there are still technical challenges regarding how to adapt the massive platform to blockchain infrastructure.
#tiktok #reddit #oracle #Microsoft #bytedance
JUST IN: šŗšø President-elect Trump plans to issue an executive order on Monday to delay the TikTok ban.
A surprising move as the debate over data privacy and national security continues. Whatās next for TikTok in the US? š¤
#BreakingNews #TikTok #ExecutiveOrder #technews #SocialMedia #USPolitics
A surprising move as the debate over data privacy and national security continues. Whatās next for TikTok in the US? š¤
#BreakingNews #TikTok #ExecutiveOrder #technews #SocialMedia #USPolitics
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