TikTok’s true value
If no number is big enough to resolve TikTok’s US conundrum, that should tell us plenty
Add BT as a preferred source
AS TIKTOK’S legal options in the US dwindle, the divest-or-ban deadline for its parent company ByteDance looms ever larger. Despite this, some observers insist that money will find a way. The business is too valuable for TikTok to simply vanish from US app stores overnight on Jan 19, surely.
Someone will buy TikTok, resolve the app’s national security risks and stave off its disappearance, is the belief. At least four deep-pocketed individuals have expressed their interest in the app, to date. President-elect Donald Trump might intervene, but to speculate on his decision-making is to court insanity, so let’s not for now.
Whether or not a sale happens will be illuminating, but for different reasons.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
PayPal plans job cuts as its new CEO pursues turnaround strategy
MAS, bank CEOs convene over AI cyberthreats; boards told to own risks, not leave to IT teams
