TikTok buyout could cost $100B – and won’t include the algorithm
A TikTok buyout by an American company appears to be the only way for the app to survive in the US, and potentially in Europe too. But potential buyers could find themselves paying a lot of money and not getting the one thing they really want: the algorithm.
Real-estate billionaire Frank McCourt and former Treasury secretary Steven Mnuchin are among those who have confirmed they are planning bids for the app …
