According to Wired, the founder of OnlyFans has put in a last-minute bid to purchase TikTok. Stokely's startup, Zoop, submitted a bid to ByteDance for TikTok before the April 5 deadline set by US law that mandates an American buyer avoid a ban. The White House is reviewing multiple offers, including one from Amazon and a potential Oracle-Blackstone investment team. The US government’s concerns about TikTok center on fears that the Chinese government could access Americans’ data.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Only fans has put in a last minute bid to purchase TikTok according to Wired.
00:06Stokely startup Zoop submitted a bid to ByteDance for TikTok before the April 5th deadline set by
00:11U.S. law that mandates an American buyer to avoid a ban. The White House is reportedly
00:16reviewing multiple offers, including one from Amazon and a potential Oracle Blackstone investment
00:21team. The U.S. government's concerns about TikTok center on fears that the Chinese government
00:26could access Americans' personal data.
00:29For all things money, visit Benzinga.com slash GSTV.