As TikTok fights to keep its popular video app available in the US, investors in parent company ByteDance Ltd. are being forced to re-evaluate financial prospects for a business valued at more than $300 billion as recently as late last year.
Oracle? MrBeast? Elon Musk? Kevin O'Leary? Steven Mnuchin? Perplexity AI? Microsoft? Amazon? The U.S. government?
The message from both Apple and Google is clear. They don't think TikTok is going anywhere soon. Both companies have reinstated the app in their stores after a looming ban has faded from the front pages.