Chinese officials are reportedly discussing the possibility of Bytedance selling TikTok’s US operations to Elon Musk. Wedbush Securities’ Dan Ives explains why Musk could be the most likely ...

“We see no way that the TikTok algorithm is sold as Beijing and ByteDance would view this as a non-starter in a deal,” Wedbush Securities analyst Dan Ives wrote in a research note Tuesday.

Since then, the Walmart CEO hosted the ByteDance founder in Bentonville, Arkansas in 2023, The New York Post reported, citing sources close to the situation. ... Wedbush Securities' Ives said.

Dan Ives, an analyst for the financial services firm Wedbush Securities, ... For now, however, the law would still require ByteDance to give up at least 80% of its stake.Over the weekend, ...

Some analysts believe ByteDance will do so, ... “TikTok is one poker chip in the broader game of high-stakes poker between China and the US,” Wedbush Securities managing director Dan Ives told ...

Musk and ByteDance have not commented on the reports; ... according to Wedbush Securities analyst Dan Ives. But since the algorithm may be where much of TikTok’s value lies, ...

Concern over how ByteDance uses data has driven lawmakers in Washington to try to force a sale of TikTok’s U.S. operations. On Friday, President Trump extended a looming deadline by 75 days into ...

Full speed ahead: Tesla lands higher price targets from Wedbush. Lawmakers call on Apple, Google to prepare for potential TikTok ban. Novo Nordisk to park $1.2B in new plant in Denmark.