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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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Rani Molla

Walmart falls after CEO of more than a decade steps down

Walmart’s stock fell as low as 3% this morning in premarket trading on news that its longtime CEO, Doug McMillon, who helped the company beef up its e-commerce segment against Amazon, will be stepping down.

While Walmart’s sales came in above expectations last quarter, it missed on quarterly earnings. It’s also facing an increasingly dominant Amazon, which is pushing further into Walmart’s territory with same-day grocery delivery in more than 1,000 cities and towns in the US, with plans to expand to 2,300 by the end of the year.

And unlike Walmart, Amazon, in addition to e-commerce and physical stores, has a number of other, much higher-income revenue streams — most notably its fast-growing cloud business, AWS. Earlier this year, Amazon nudged ahead of Walmart in overall revenue, and is expected to continue to build on that lead when Walmart reports Q3 earnings next week.

Tencent Spotify chart

Tencent Music has enough users — it just needs them to start paying

The stock is down this morning, undoing some of its stunning year-to-date rise.

Hyunsoo Rim11/12/25
Skydance Officially Closes Deal To Merge With Paramount

Paramount Skydance says its DTC streaming biz will be profitable this year

The studio reported its third-quarter earnings on Monday, the first since the Skydance takeover, and now sees $3 billion in cost savings (up from $2 billion).

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