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the growth prospects of vivanta industries limited (541735) stock ✌️【Exclusive Services】✌️ Free stock selection services backed by expert predictions. Our advanced analytics and real-time market data will help you stay ahead of the competition and make smart, profitable investment decisions. The group, which calls itselfThe People’s Bid for TikTokand is also backed by “Shark Tank”-famous investor Kevin O’Leary,said Thursdayit had delivered a proposal to ByteDance to acquire TikTok’s US assets. It did not disclose the value of the offer.

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the growth prospects of vivanta industries limited (541735) stock ✌️【Exclusive Services】✌️ Free real-time stock market analysis, market dynamics reports, and expert insights into stocks, metals, energy, and agricultural products. Make profitable decisions by leveraging our advanced market forecasting tools. After President Joe Biden signed the law that could ban the app in April, ByteDance swatted down speculation that it was exploring a sale andsaidthat it had no plans to sell TikTok. In afilingto the Supreme Court — which argues that the law would violate the first amendment rights of the platform and its users — the company said the law “will take effect on January 19, 2025, shutting down TikTok for its more than 170 million monthly American users.”

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the growth prospects of vivanta industries limited (541735) stock ✌️【Exclusive Services】✌️ Free real-time stock market data, professional analysis, and expert insights to help you plan the best investment strategy. Get ahead of the competition with expert predictions on market trends. The People’s Bid is backed by investment firm Guggenheim Securities, as well as technologists and academics, includingworld wide web inventorTim Berners-Lee. And McCourt said the group plans to work with President-elect Donald Trump to close the deal.

the growth prospects of vivanta industries limited (541735) stock ✌️【Exclusive Services】✌️ Stay informed with expert predictions of stock trends and real-time market data, covering global indices, futures, metals, and agricultural products. Make better decisions and achieve consistent growth in your investments. The group’s plan is to buy the US version of TikTok without its famous algorithm and rebuild it on American-designed technology, a likely response to aChinese export control rulerequiring a license to sell sensitive technologies. China’s commerce ministrypreviously saidit would “firmly oppose” a forced sale of TikTok.

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“By keeping the platform alive without relying on the current TikTok algorithm and avoiding a ban, millions of Americans can continue to enjoy the platform,” McCourt, who formed the group through his organization dedicated to improving the internet, Project Liberty, said in a statement Thursday. “We look forward to working with ByteDance, President-elect Trump, and the incoming administration to get this deal done.”

But many users and social media experts have questioned whether a sale that excludes the algorithm could be successful, given that the technology that decides what users see on their “For You” feeds is a major reason for the app’s popularity. Other tech giants have struggled to replicate it.

“We want to eliminate the misconception that it can’t sell because no one will buy it without the algorithm. NOT true,” O’Leary said in anX postWednesday, after announcing he was joining the bid to buy the app earlier this week. “We’ll buy it without the algorithm. We don’t need them. We’ll do it ourselves and make TikTok wonderful again.”

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