Summarize this content to 2000 words in 6 paragraphs in Arabic
\n The countdown is on again for a US-based buyer to take on TikTok, as it faces a ban. Euronews Next takes a look at the contenders to take over the app.
\n ADVERTISEMENTThe clock is ticking – again – to find a buyer for TikTok, the popular short-form video app.\u00a0ByteDance, the Chinese parent company behind the immensely popular app, is required to sell the app to a US-based buyer or face a nationwide ban, according to a law voted last year by the US Congress.\u00a0President Donald Trump has now pushed back the sale of the app by 75 days, after it went offline for a few hours on January 19th.The new US president proposed a 50-50 partnership between ByteDance and an American stakeholder.\u00a0ByteDance has repeatedly said it refuses to sell, but that has not stopped potential buyers from coming forward.\u00a0Now the field of interested people vying for a say in the app is widening.California-based Perplexity AI recently submitted a bid to merge with TikTok\u2019s US business and give the government up to 50 per cent shares in that new entity, the Associated Press reported.\u00a0Other contenders for the platform are politicians, tech billionaires, and a YouTube star.\u00a0MrBeast aka Jimmy DonaldsonOne of the names on the list to invest in TikTok is YouTuber Jimmy Donaldson, known as MrBeast online.\u00a0\u00a0He\u2019s part of a \u201csyndicate of investors\u201d led by Jesse Tinsley, the founder of Recruiter.com, that are proposing an \u201call-cash offer,\u201d according to a statement from US law firm Paul Hastings LLP last week and a post on X.Matthew Hiltzik, a spokesperson for MrBeast, told the Associated Press that Donaldson is having several ongoing discussions with several buyers, and there are no exclusive agreements with any of them yet.\u00a0Donaldson first wrote on X that he would consider buying TikTok earlier this month, a few days ahead of the initial ban\u2019s coming into force.He claimed in a follow-up post that \u201cso many billionaires\u201d had reached out to him to make the deal happen.\u00a0In a follow-up TikTok video on Wednesday, Donaldson said that he \u201cmeans business\u201d and that he has an offer ready for the platform.\u00a0\u201cWe want to buy the platform, America deserves TikTok,\u201d Donaldson said in the video. \u201cGive me a seat at the table, let me save this platform\u201d.\u00a0ADVERTISEMENTDonaldson has since changed his biography on the platform to \u201cfuture CEO of TikTok?\u201d\u00a0MrBeast is one of the world\u2019s most successful internet creators with over 500 million followers across his various social media platforms.He earned about $85 million (\u20ac81.3 million) in 2024, according to an estimate from Forbes.\u00a0Frank McCourt and The People\u2019s BidThe first to enter the most recent race for TikTok was billionaire Frank McCourt, a US real estate mogul and the former owner of the Los Angeles Dodgers.\u00a0ADVERTISEMENTMcCourt started \u201cThe People\u2019s Bid,\u201d a consortium of law firms, technologists, academics and citizens that want to acquire TikTok with the goal of \u201cplacing people and data empowerment at the centre of the platform\u2019s design and purpose,\u201d in 2024 according to their website reads.\u00a0\u201cThe foundation of our digital infrastructure is broken, and it\u2019s time to fix it,\u201d McCourt said in a May 2024 press release.\u00a0\u201cWe see this potential acquisition as an incredible opportunity to catalyse an alternative to the current tech model that has colonised the internet\u201d.\u00a0The group said in December it had secured commitments from investors – which it did not disclose – totalling more than $20 billion (\u20ac19.1 billion) in capital, according to the AP.\u00a0ADVERTISEMENTTrump weighs in on TikTokIf it was up to President Trump, TikTok would go to Tesla CEO Elon Musk or Oracle Chairman Larry Ellison.\u00a0Trump told reporters at a press briefing on Tuesday, shortly after his inauguration, that he would be \u201copen\u201d to Musk or Ellison buying the platform if either of them wants it, according to CNBC.\u00a0Musk\u2019s name was first floated after Bloombergreported that Chinese officials were in talks to sell part of the app\u2019s operations in the US to Musk.\u00a0Musk said on his social media platform X that he\u2019s been against a TikTok ban \u201cfor a long time\u201d because the ban goes against \u201cfreedom of speech\u201d.\u00a0ADVERTISEMENT\u201cThat said, the current situation where TikTok is allowed to operate in America, but X is not allowed to operate in China is unbalanced,” Musk wrote.\u00a0Ellison on the other hand has not publicly commented on a TikTok acquisition this time around, but the company won a bid in 2020 to become the app\u2019s cloud technology provider.One condition of the deal was that Oracle became a minority investor in TikTok Global, Oracle CEO Safra Catz said in a press release at the time.\u00a0Catz added that they were confident they could give a \u201chighly secure environment to TikTok and ensure data privacy to TikTok\u2019s American users\u201d.ADVERTISEMENTOther possible buyersOther potential buyers include Steven Mnuchin, a former US Treasury Secretary, who reaffirmed his desire to invest in the app on CNBC recently.Bobby Kotick, the former chief executive of Activision, could also be in the running, according to reports.The Wall Street Journal reported last year that Kotick approached OpenAI CEO Sam Altman and other investors during a conference dinner to express his interest in acquiring the app.\u00a0Euronews Next has reached out to TikTok representatives and all the prospective buyers mentioned in this article but did not receive immediate replies.\u00a0ADVERTISEMENT<\/p>\n","protected":false},"excerpt":{"rendered":"
Summarize this content to 2000 words in 6 paragraphs in Arabic The countdown is on again for a US-based buyer to take on TikTok, as it faces a ban. Euronews Next takes a look at the contenders to take over the app. ADVERTISEMENTThe clock is ticking – again – to find a buyer for TikTok,<\/p>\n","protected":false},"author":1,"featured_media":183657,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[60],"tags":[],"class_list":{"0":"post-183656","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-politics"},"_links":{"self":[{"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/posts\/183656","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/comments?post=183656"}],"version-history":[{"count":1,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/posts\/183656\/revisions"}],"predecessor-version":[{"id":183658,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/posts\/183656\/revisions\/183658"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/media\/183657"}],"wp:attachment":[{"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/media?parent=183656"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/categories?post=183656"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/tags?post=183656"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}