TikTok, Andreessen
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Reuters |
U.S. venture capital firm Andreessen Horowitz is in talks to invest in TikTok as part of an effort led by President Donald Trump to wrest control of the popular video app from its Chinese owners, the ...
Yahoo |
As TikTok faces another potential ban in the U.S. if not sold to an American buyer, Amazon has expressed interest as have several other companies.
Reuters |
Trump said that a deal is close on Tiktok, with multiple investors involved.
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The a16z managing partner is resigning from the firm, but will remain a passive investor in about 30 of its funds.
Donald Trump ally Marc Andreessen is reportedly in talks to buy TikTok ahead of the looming ban deadline. Andreessen, who founded U.S. venture capital firm Andreessen Horowitz, is reportedly part of a group of American investors led by Oracle that is aiming to separate the social media app from its Chinese parent company,
Silicon Valley VCs and mom-and-pop landlords — are flocking to a Denver startup that just leased a new headquarters.
The post Together with Oracle, Andreessen Horowitz wants a piece of TikTok appeared first on Android Headlines.
The venture capital firm is reportedly in talks to invest in TikTok as part of a bid led by Oracle and other American investors looking to buy out TikTok
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President Donald Trump said the US was close to unveiling a plan that would spare the Chinese-owned social media app TikTok from a US ban, with multiple investors involved in discussions for a deal.“We’re very close to a deal with a very good group of people,
Venture capital group could join last-gasp bid by allies of Donald Trump to take control of video app owned by ByteDance
Andreesen Horowitz has reportedly joined negotiations to potentially buy out TikTok’s Chinese investors ahead of a crucial deadline this Saturday.