MrBeast and the CEO of Roblox Are Trying to Buy TikTok for Over $20 Billion - Hl Gaming Official

MrBeast and the CEO of Roblox Are Trying to Buy TikTok for Over $20 Billion

Jimmy Donaldson, better known as YouTuber MrBeast, is reportedly part of an investment group attempting to acquire TikTok with a bid exceeding $20 billion.

Bloomberg reports that Donaldson has teamed up with Jesse Tinsley, founder of Employer.com, along with Roblox co-founder and CEO David Baszucki, and Anchorage Digital head Nathan McCauley. The group estimates it may take around $25 billion to secure the deal.

Despite the interest, TikTok's parent company, ByteDance, has stated that its U.S. operations are not for sale. Tinsley’s group has yet to receive a direct response regarding their offer.

Representatives for Donaldson have indicated that he is engaged in discussions with multiple potential buyers and may shift his allegiance depending on how negotiations progress. “The leading groups, all credible bidders for TikTok, have reached out to us for collaboration. I’m excited to partner and make this a reality,” Donaldson tweeted on January 22. “Big things cooking.”

Meanwhile, earlier this week, former U.S. president Donald Trump claimed that Microsoft was engaged in talks to purchase TikTok and expressed hope for a competitive bidding process. Microsoft has not yet confirmed this claim.

TikTok briefly went offline for its 170 million U.S. users following a law that required ByteDance to either sell the platform due to national security concerns or face a ban on January 19. The app was shut down after the Supreme Court dismissed TikTok’s First Amendment challenge.

While the Court acknowledged that data collection is widespread in the digital age, it noted that “TikTok’s scale and vulnerability to foreign adversary influence, coupled with the vast amount of sensitive data it gathers, justify specific regulatory measures to address national security risks.”

The platform was later restored after assurances from Trump that it would not be penalized for resuming service.

“This is a firm stance for the First Amendment and against arbitrary censorship,” TikTok stated at the time. “We will continue working with President Trump on a long-term solution to keep TikTok operational in the U.S.”

Since taking office on January 20, Trump signed an executive order delaying enforcement of the law by 75 days. He has been in discussions with multiple companies and individuals about a potential buyout of TikTok and has stated he is open to Elon Musk, owner of X/Twitter, taking control.

Powerful Property: The news source is IGN. Read full article

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