TikTok denies it's in talks with rival app Triller over potential bid for its U.S. operations

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TikTok, which has about 100 million monthly active users in the United States, is being forced to sell its U.S. business by the Trump administration, which says the app's current ties to China make it a national security threat.

Triller's supposed bid of $20 billion puts it at a similar level. But, Centricus on its website says it oversees $27 billion of assets, so, it wasn't immediately clear how the deal could be funded.

Sarnevesht insisted it was not a publicity stunt. "We are not crazy, we are not out here just pretending to have a bid and not have a bid. That doesn't make any sense. It's perplexing at least, but I think there's just an aggregate delay on their data and how they share that information," he told CNBC.

He said the reason Triller entered the bidding game late was because it was working on an implementation plan if it acquired TikTok's operations. He declined to say how much the potential deal could be worth but added that Triller planned to migrate TikTok's users, metadata and content onto its platform.

 

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tiktok_us needs to stop talking publicly about potential moves, lawsuits and/or next steps and start focusing on its own business operations! The constant slew of statements is hurting their business and you can tell it’s run by immaturity- STOP TALKING TO THE PRESS!!!!

👍

Who cares? BAN IT. TikTok was responsible for the scaremongering coming from China that has brainwashed so many people to be afraid of a semi strong flu.

The Democratic Party has become the party of intolerance, censorship and Racism. Democrats have incited riots and promoted Marxist revolution, but offered NO protection to law abiding citizens. The country is waking to their evil and it has sealed their fate!

They may talk to microsoft, but the one who stabbed them? No.

garcapital Lmaoo

Old Man grumpy Trump gonnna be piiiiiisssssed

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