Kotick Explores TikTok Bid, Seeks Altman Backing Amid New Pressure to Sell
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Former Activision Blizzard CEO Bobby Kotick has reportedly approached ByteDance about buying TikTok, which could be valued in the hundreds of billions.
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Kotick would need financial partners like OpenAI CEO Sam Altman to raise enough money to purchase TikTok.
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Microsoft previously expressed interest in buying TikTok back in 2020.
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A new US bill aims to force ByteDance to sell TikTok within 6 months over national security concerns about its ties to China.
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Kotick recently exited Activision after its acquisition by Microsoft, following controversies around the company's workplace culture and sexual harassment allegations.