Blackstone Considers Small Investment in TikTok

The private equity giant Blackstone is weighing taking a small stake in TikTok ahead of an April 5 deadline set by President Trump for the Chinese-owned app to change its ownership or face a U.S. ban under federal law, two people familiar with the situation said. Investing in TikTok would give Blackstone the chance to…

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TikTok Ads Portray App as Force for Good as US Ban Looms

In an emotional advertisement running on Facebook and Instagram over the past month, a young woman, Katie, talks about being diagnosed with an illness that resulted in kidney failure at age 19. But she was able to find a transplant match “because a stranger was scrolling on TikTok.” Thanks to that stranger’s kidney, she continued,…

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