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MrBeast, the internet’s highest-earning content creator, is bidding for TikTok

On January 13, MrBeast — YouTube’s most successful purveyor of clickbait videos like “Ages 1 - 100 Fight For $500,000” — joked in a post on X that he’d buy TikTok to save it from getting banned.

But now he’s serious.

On Tuesday, CNN reported that the online star, whose real name is Jimmy Donaldson, was part of an American group of investors assembled by Employer.com founder and CEO Jesse Tinsley. The consortium, made up of “institutional investors and high-net-worth individuals,” has submitted an all-cash bid, a spokesperson for the group said.

The involvement of an internet celebrity is the latest addition to the mix of interested buyers for the video app after the Supreme Court unanimously upheld a law banning TikTok unless its US assets are sold to an American entity. After temporarily going dark over the weekend, the deadline for sale-or-ban was extended by 75 days following an executive order signed by President Trump.

Amazon and Oracle, both of which already provide services to TikTok, are being floated as other possible suitors for its US assets, which could be worth as much as $40 billion to $50 billion, per one analyst.

“Shark Tank”’s Kevin O’Leary, also involved in a $20 billion bid, said in a recent interview that the “Supreme Court order does not allow for the use of the algorithm,” which suggests that any buyer would need to rebuild much of TikTok’s tech stack and infrastructure, including its vaunted recommendation algorithm.

On Tuesday, CNN reported that the online star, whose real name is Jimmy Donaldson, was part of an American group of investors assembled by Employer.com founder and CEO Jesse Tinsley. The consortium, made up of “institutional investors and high-net-worth individuals,” has submitted an all-cash bid, a spokesperson for the group said.

The involvement of an internet celebrity is the latest addition to the mix of interested buyers for the video app after the Supreme Court unanimously upheld a law banning TikTok unless its US assets are sold to an American entity. After temporarily going dark over the weekend, the deadline for sale-or-ban was extended by 75 days following an executive order signed by President Trump.

Amazon and Oracle, both of which already provide services to TikTok, are being floated as other possible suitors for its US assets, which could be worth as much as $40 billion to $50 billion, per one analyst.

“Shark Tank”’s Kevin O’Leary, also involved in a $20 billion bid, said in a recent interview that the “Supreme Court order does not allow for the use of the algorithm,” which suggests that any buyer would need to rebuild much of TikTok’s tech stack and infrastructure, including its vaunted recommendation algorithm.

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Taco Bell is named the fastest drive-thru for a fifth year, but it may have lost a human touch with AI

Though Chick-fil-A was the slowest fast-food drive-thru, it was considered the friendliest, per the latest QSR report. At the Golden Arches, however, customers weren’t lovin’ the vibe.

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Amazon doubles down on groceries with new private-label collection, sending grocery stocks lower

Amazon on Wednesday launched Amazon Grocery, a new private-label food brand that combines its Fresh and Happy Belly lines into one collection.

The label covers more than 1,000 staples, from milk and eggs to olive oil and fresh meat, with most items priced under $5. Shares of Amazon were little changed, but grocery-selling rivals Target, Walmart, and Kroger all slipped around 2% following the announcement. Costco also slipped about 1%.

The launch highlights Amazon’s growing push into both grocery and private-label essentials as more customers trade down to cut costs. In August, the e-commerce giant added perishable groceries to same-day delivery in 1,000 cities and towns across the country.

At the same time, Amazon said shoppers purchased 15% more private-brand products in 2024 compared to the previous year across Amazon.com, Whole Foods Market, and Amazon Fresh.

business

Ford sales climb for 7th straight month as EVs hit a quarterly record on tax credit expiration

September marked another banner month for Ford’s electric vehicle business, with EV sales climbing 85% from the same month last year to more than 11,700 units.

For the third quarter as a whole, Ford’s electrified unit sales grew nearly 20%. That’s the division’s best Q3 on record, boosted by the looming end of the $7,500 federal tax credit on Tuesday. Ford, with rival GM, has found some ways to extend that credit in the hopes of keeping sales stable.

Overall, Ford sales rose 8.2% on the quarter, and September was the automaker’s seventh straight month of sales gains. Ford sales have been buoyed this year by panic buying: first from fears of tariff price hikes (and Ford’s strong incentives), and lately from the EV credit expiration.

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