Media: former Activision Blizzard executive Bobby Kotick wants to acquire TikTok

By: Anton Kratiuk | 11.03.2024, 13:00
Media: former Activision Blizzard executive Bobby Kotick wants to acquire TikTok

A bill has been introduced in the US House of Representatives that would ban the use of social network TikTok unless its parent (Chinese) company ByteDance sells the platform.

The well-known investor Kevin O'Leary has already announced his interest in acquiring TikTok, but he is not the only one considering such a possibility.

Here's What We Know

About the desire to buy the most popular social platform stated the former head of Activision Blizzard Bobby Kotick.

According to the news agency The Wall Street Journal, the co-founder of the largest gaming company in the United States is in search of partners for the purchase of TikTok. The cost of such a deal could be hundreds of billions of dollars.

According to media reports, Kotick's company may be the founder and head of OpenAI Sam Altman.

If the law to ban TikTok in the United States will be passed, and Joe Biden has already confirmed that he will sign it, if supported by Congress, ByteDance will have five months to find new owners of the social network.

Recall, only in the United States TikTok is used by 170 million people.

Source: The Wall Street Journal