TikTok receives $50 billion offer from US entrepreneur Reid Rasner to buy app

A wealthy Wyoming entrepreneur has made an offer to buy TikTok for nearly $50 billion, The Post can reveal. Reid Rasner, who owns both media and wealth management firms in the state, is seeking “a controlling stake” in TikTok’s assets, operations and proprietary algorithm for $47.45 billion, according to a copy of a letter obtained by The Post that...

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