$50 Billion TikTok Sale Puts Dwight Howard Into Dilemma Proposing Alternatives for Americans

Dwight Howard is curious! And so are the 170 million U.S. users who love and use TikTok. The social media platform that allows users to create and share short, engaging TikTok videos online might have to face a ban in the nation. But it seems that even before the fate of the app is decided, NBA legend Dwight Howard has lost hope. He is up on social media seeking views on enticing alternatives to the app.

“Tiktok users going to remote or lemon8 👀 Howard wrote on X which is owned by Musk. He asked whether netizens were turning to alternatives or going remote. However, there’s still a chance to save the app from being banned if the rumors about Elon Musk are true. According to the rumors, Musk might be considering buying the U.S. operations.

This would allow the app to keep working in the U.S. as per the latest law signed by President Joe Biden. As per an article by Forbes, it is claimed that TikTok’s parent company, ByteDance, would likely demand close to $40 billion to $50 billion for U.S. operations. 

According to Wedbush analyst Dan Ives, Musk, who boasts a net worth of $421 billion, shares strong ties with the Chinese government. And now, while all of that makes sense, there has been another update that caused issues. ByteDance recently responded to the reports claiming that Musk might buy the U.S. operations. And it isn’t what you expected.

What did Byte Dance say?

The partnership is extremely advantageous for Musk. And it is even more important since the billionaire owns X, formerly called Twitter. It is said that he paid nearly $44 billion to buy X. Is he buying TikTok as well? Perhaps not. ByteDance recently dropped the news that any such reports making such claims are “fiction.”

TikTok has yet to make its decision, leaving many, including the former Orlando Magic star Dwight Howard, confused. For people who aren’t aware of what Lemon8 means, it’s an app that has gained popularity in recent times. What makes it interesting is its unique feature that merges elements of Instagram as well as Pinterest.

It allows creators to make content based on their niche. It was also started by ByteDance. Launched initially in Thailand and Japan, it saw immense success and is looking for global dominance. However, many in the comments section mentioned Red Note. Now, this is also reportedly another Chinese social media app that is being downloaded by several American users. The fear of TikTok ban has finally set in. 

The post $50 Billion TikTok Sale Puts Dwight Howard Into Dilemma Proposing Alternatives for Americans appeared first on EssentiallySports.

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