Andreesen Horowitz is reportedly in negotiations to help buy out the Chinese investors of TikTok, partnering with a group of existing US investors to secure a stake in the app’s US operations. With a deadline of April 5 looming, this move is crucial following national security concerns that have arisen due to TikTok's connections to China. The proposed deal aims to address Congress's requirements for divesting to avert a potential ban. Major firms like Oracle also join this initiative as stakeholders, indicating a strong interest in TikTok's future.
Andreesen Horowitz, along with other US investors, is negotiating a buyout of TikTok's Chinese stakeholders to facilitate a spin-off of its US operations.
The deadline for finding a buyer for TikTok is set for April 5, amid national security concerns regarding its Chinese ownership.
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