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How much did TikTok sell for?

The valuation of the deal Trump has approved is about $50 billion, and Oracle will have 12.5% of that. Oracle has not yet said how much it would pay for that stake.

cnbc.com - TikTok deal splits control between U.S. and Chinese owners - CNBC
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Following the weekend's announcement that Oracle will take a 12.5% stake in TikTok and run cloud services and security for the app, President Donald Trump characterized the deal as a win for the U.S. by making TikTok a company that's owned and controlled by Americans. This is despite the fact that Chinese investors and companies will still own a large percentage of TikTok and have a say on the board of a newly created company based in the U.S. called TikTok Global. Speaking on Fox News on Monday morning, Trump said the Chinese won't have anything to do with TikTok after the deal goes through, and that Oracle and Walmart , which said over the weekend that it will take a 7.5% stake in TikTok, will have "total control" over TikTok. Oracle's Executive Vice President Ken Glueck released a statement to CNBC shortly after Trump's remarks that said Americans will have a "majority" of control over TikTok Global. Glueck's statement also said TikTok's Chinese parent company, ByteDance, will "have no ownership" over TikTok Global. "Upon creation of TikTok Global, Oracle/Walmart will make their investment, and the TikTok Global shares will be distributed to their owners. Americans will be the majority and ByteDance will have no ownership in TikTok Global," Glueck's statement said. Meanwhile, ByteDance said Monday it will own about an 80% stake in TikTok Global.

So what's going on? And why is there so much disparity between what each side is saying?

How Oracle sees the deal: According to people familiar with the matter, Oracle's Glueck said in his statement that the company will be owned and controlled by an American majority because: U.S. citizens will hold four of the five TikTok Global board seats, and If you count U.S. venture capital firms such as Sequoia, General Atlantic and Tiger Management, then about 53% of TikTok Global's shares will be held by either American investors or two American companies, Oracle and Walmart. This point itself is somewhat debatable: Although venture investors often exercise some control over the companies they invest in, the actual capital they invest usually comes from outside limited partners, who need not be based in the United States. Oracle and Walmart don't view ByteDance as an entity as having a stake in TikTok Global. Instead, they view ByteDance's individual shareholders as the ones with stake.

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What is the most liked thing on TikTok?

The most-liked video on TikTok, with over 60 million likes, was uploaded by Bella Poarch and features her lip-syncing and bobbing her head to the song "Sophie Aspin Send" (also known as "M to the B") by Millie B.

en.wikipedia.org - List of most-liked TikTok videos - Wikipedia

The most-liked video on TikTok, with over 60 million likes, was uploaded by Bella Poarch and features her lip-syncing and bobbing her head to the song "Sophie Aspin Send" (also known as "M to the B") by Millie B.[1]

Top videos [ edit ]

The following table lists the 25 most-liked videos on TikTok.

The user with the most videos in the top 25 is Khaby Lame with six. The most used song on the list is "SugarCrash!" by ElyOtto, which is used in three of the most-liked videos.

Historical most-liked videos [ edit ]

The following table lists the last four videos that were once the most-liked post on TikTok, with the number of likes as they were when the top spot was reached.

Current record

(millions) Post description Post Upload date Date achieved Days held Bella Poarch 32.8 Lip syncing [1] 18 August 2020 15 September 2020 860 British Promise Cats — Cat pawing at camera [2] 17 June 2020 July 2020 14–44[* 1] Michael Le 22.6 Dancing on escalator [3] 11 March 2020 May 2020 50–81[* 1] Kison Kee — Falling over with milk [4] 30 October 2019 — — As of 12 September 2022 a b The listed number of days this video had the most number of likes is an estimated range based on limited information.

See also [ edit ]

Notes [ edit ]

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