Former Activision Blizzard boss Bobby Kotick reportedly wants to buy TikTok
Former Activision Blizzard boss Bobby Kotick has reportedly expressed an interest in buying social media platform TikTok.According to a report by the Wall Street Journal, the former CEO recently approached ByteDance co-founder Zhang Yiming to state his intent, should the company agree to sell the video sharing app.The publication stated Kotick is currently looking for partners to join in this potential acquisition, which WSJ said any price tag is "estimated to be in the hundreds of billions of dollars". According to sources familiar with the situation, Kotick suggested the idea of buying TikTok at an Allen & Co dinner earlier this week, to a group of potential partners. This group reportedly included Sam Altman, the CEO of OpenAI. Read more
Former Activision Blizzard boss Bobby Kotick has reportedly expressed an interest in buying social media platform TikTok.
According to a report by the Wall Street Journal, the former CEO recently approached ByteDance co-founder Zhang Yiming to state his intent, should the company agree to sell the video sharing app.
The publication stated Kotick is currently looking for partners to join in this potential acquisition, which WSJ said any price tag is "estimated to be in the hundreds of billions of dollars". According to sources familiar with the situation, Kotick suggested the idea of buying TikTok at an Allen & Co dinner earlier this week, to a group of potential partners. This group reportedly included Sam Altman, the CEO of OpenAI.
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