💨 Abstract

TikTok, owned by Chinese company ByteDance, has faced a potential ban in the U.S. due to concerns about user data security. The app experienced a temporary outage in early 2023 and returned to app stores in February. Several investor groups, including Jesse Tinsley and Frank McCourt, are competing to purchase TikTok's U.S. operations, with a potential valuation of $60 billion. The U.S.

Courtesy: techcrunch.com

Summarized by Einstein Beta 🤖