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Tim Stokely, founder of OnlyFans, has teamed up with social media startup Zoop and the Hbar Foundation to bid for TikTok's US operations, as the platform faces a deadline of April 5 to sell or face a ban. Zoop's CEO RJ Phillips confirmed that the sale process is managed by the White House, not ByteDance. Other bidders include Amazon and a consortium of Oracle and Blackstone, while a proposal for ByteDance to retain TikTok's algorithm would need Chinese government approval.
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OnlyFans founder leads bid for TikTok's US operations amid looming deadline
08:20 03.04.2025
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